Group 1 - DS Smith will invest up to DKr100m ($15.5m) to modernize its packaging operations in Grenaa, Denmark, aiming to increase production capacity and efficiency for customers in northern Europe [1] - The new machinery will include five printing units and a Göpfert Rotary Die Cutter 16/28 High Board Line, designed for greater precision, efficient material handling, and reduced waste during corrugated board conversion [2] - The Grenaa facility is expected to handle an additional 15 million square meters of corrugated board annually with the new equipment [2] Group 2 - Enhancements will support complex packaging requirements and adapt to changes in product types with shorter transition times [3] - DS Smith will also expand its Bredasten site in Värnamo, Sweden, by 3,000m², with completion set for June 2027 [3] - The investment aims to strengthen the company's ability to deliver solutions that meet the increasing demands for consistent quality and precision in packaging, particularly as customers automate their packing and logistics processes [4]
DS Smith to invest in Grenaa facility upgrade
Yahoo Finance·2026-03-04 11:56