DS Smith has acquired Interstate Resources, which includes 18,000 acres of timberland and a kraftliner mill in Georgia, enhancing its position in the virgin fiber market while focusing on sustainable sourcing practices.

Information on the Target

DS Smith has recently acquired Interstate Resources, which includes ownership of 18,000 acres of timberland in southeast Georgia and a kraftliner mill located in Riceboro, Georgia. This acquisition marks a significant step for DS Smith, as it represents their inaugural direct investment in operations related to virgin fiber production.

The timberland and mill are positioned to enhance DS Smith's strategic standing in the packaging market while ensuring fiber security. Notably, the mill operates with a commitment to sustainability, sourcing 100% of its virgin timber from certified sustainable sources, further emphasizing the company's dedication to responsible forestry practices.

Industry Overview in the Target’s Specific Country

The forestry and packaging industry in the United States is undergoing significant transformation due to increasing consumer demand for sustainable products and practices. With a vast land area dedicated to timber production, the U.S.