DS Smith has entered into an agreement on the purchase of the land and building serving as the site of its Győr plant

The approximately 28,500 sqm property is located in a strategic location, in a key industrial area of Győr. The building is well suited to DS Smith’s business needs, offering opportunities for future growth and supporting the production of packaging solutions to replace plastic.

Until now, DS Smith Packaging Hungary has used a part of the property as a tenant. The seller is OTP Real Estate Investment Trust, Hungary’s leading real estate investor.

“I am pleased to announce DS Smith’s new investment in Eastern Europe, the purchase of our site in Győr, Hungary. This strategic investment expands our existing plant with a modern facility, which further strengthens our position in the region and provides our customers with adequate space for packaging solutions aimed at replacing plastic.”

– said Reinier Schlatmann, managing director of the Eastern Europe Region of DS Smith.