Liqui-Box has agreed to acquire DS Smith plc’s Plastics Division to create a comprehensive, innovative leader in flexible and rigid packaging.

Liqui-Box and DS Smith Plastics, which includes the Rapak and Worldwide Dispenser businesses, will have a global footprint, design capabilities and service platform that will offer customers the most compelling packaging solutions and drive advancements in technology and sustainability.

“The combination with DS Smith Plastics advances our strategic initiative to create the leading innovator of sustainable flexible and rigid packaging solutions,” said Ken Swanson, Liqui-Box’s CEO. “This business has a significant synergistic fit with Liqui-Box and a product portfolio and manufacturing footprint that are highly complementary. This combination will be transformational for both companies and an exciting growth story for our employees and customers.”

Liqui-Box is the leading innovator of sustainable packaging solutions for quick, fresh and cost-efficient delivery of liquid and semi-liquid products.

The Plastics Division of DS Smith consists of sustainable flexible packaging and dispensing solutions, plastics extrusion, injection molded and foam products.