Serbia: M&A News

DS Smith Expands Presence in Eastern Europe with Acquisition of Bosis doo

DS Smith, a renowned sustainable packaging provider, has successfully finalized the acquisition of Bosis doo, a premier packaging company in Serbia specializing in fast-moving consumer goods (FMCG) clientele.

This strategic partnership between DS Smith and Bosis doo aims to capitalize on their combined strengths and expertise to deliver cutting-edge packaging solutions. Notably, a core focus area for DS Smith is plastic replacement, and the company recently achieved a significant milestone by replacing over 762 million units of plastic since March 2020. By collaborating closely with customers, DS Smith endeavours to assist them in achieving their sustainability objectives, with a particular emphasis on accelerating progress in the East Region.

The acquisition of Bosis doo expands DS Smith’s packaging operations in Eastern Europe, adding to its existing portfolio of 30 box plants and auxiliary facilities. This growth initiative will result in the employment of over 7,000 individuals within the region.

The transaction was facilitated by our team led by Senior Partner Miloš Jakovljević, Senior Associate Marko Ćulafić, and Associate Ljubica Stojanović, who provided counsel to DS Smith throughout the acquisition process. Additionally, our competition team, led by Partner Bojan Vučković and Senior Associate Mladen Vujić, played a role in securing merger clearances, while Senior Associate Milorad Gajić covered the real estate stream.


Senior Partner, Partner, Senior Associate, and Associate refer to Independent Attorney at Law in cooperation with Karanovic & Partners.

 The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.