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"I am pleased that we were able to find a solution that works for all parties and can now move forward with closing the acquisition," said Ken Swanson, Liqui-Box president and CEO. "As we work to integrate Liqui-Box and DS Smith Plastics, we will align product families, improve distribution networks and leverage the strengths of each business to deliver an enhanced value proposition."
The acquisition of DS Smith's flexible packaging businesses provides a strong platform to further expand Liquibox's leading value proposition into emerging growth markets, such as coffee, tea, water and aseptic packaging. In addition, through its Worldwide Dispensers brand of custom engineered fitments, the company will now assume a leading position globally in dispensing technologies for both rigid and flexible packaging. 
"We're excited to complete this transformational acquisition and welcome the DS Smith Plastics employees to our team," said Ken Swanson, CEO of Liquibox. "The new structure and brand identity of these businesses further supports our strategy and commitment to lead the way with sustainable packaging solutions. Our best-in-class converting and molding equipment, coupled with further advancements in materials and design will be a big benefit to our customers. We're excited to unlock additional value through an expanded range of film, bag and dispensing fitments, our best-in-class filler solutions and an expanded global reach."
