Client: DS Smith Plc (UK) – Cellplast (Sweden)
Buyer: BEWI (Norway)
Deal Overview: Oghma advised DS Smith on the disposal of its Swedish and Danish EPS and EPP businesses. With a combined 6 sites across the two geographies, the Flamingo (Denmark) and Cellplast (Sweden) businesses focus on the design and production of packaging and technical products made from EPS and EPP. The businesses will become part of BEWi Group, a family-run packaging company backed by private equity firm Verdane Capital.