6th Jan 2010 10:33
RNS Number : 1071F
Smith (DS) PLC
06 January 2010
6 January 2010
DS Smith Sells the Business and Assets of Demes Logistics
DS Smith Plc (SMDS), the international packaging manufacturer and office products wholesaler, has completed the sale of the business and assets of Demes Logistics to Cartonplast Holding, the international transport packaging group. Demes had gross assets of €11.2m as at 31 October 2009.
Demes had become a non-core business within the Group's Plastic Packaging segment.
Enquiries
DS Smith Plc 01628 583 400
Steve Dryden, Group Finance Director
Liz Christie, Group Investor Relations Manager
Financial Dynamics 020 7831 3113
Andrew Dowler
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