DS Smith weighs closure of 29 European packaging plants

DS Smith is restructuring its European operations under a savings programme that could close 29 packaging facilities, a paper mill, two recycling plants and four offices, targeting EUR 480m (USD 537m) in annual savings. About 3,100 jobs have already gone under the plan, which was presented in early November 2026; it is not stated whether any Swedish sites are affected.

Why this mattersA 15% cut to the packaging-plant network signals a push to concentrate corrugated output in fewer, higher-capacity sites across Europe.

• Up to 29 packaging facilities may close across DS Smith's European network
• The programme targets annual savings of EUR 480m (USD 537m)
• About 3,100 jobs have already been cut under the plan
• One paper mill, two recycling plants and four offices are also to be shut
• Closures affect roughly 15% of the group's packaging plants
• The savings programme was presented in early November 2026

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