Parish Manufacturing to be Acquired by U.K. Company

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U.K.-based packaging company DS Smith Plc has announced plans to acquire Indianapolis-based Parish Manufacturing Inc. Financial details of the deal were not disclosed and it is not known if any Indy jobs will be affected by the deal.

Parish is a manufacturer and supplier of bag-in-box systems and custom packaging for the food, beverage, water, food service and chemical industries. 

"We are looking forward to welcoming Parish into the DS Smith Group and building on our leading Flexible Packaging business," said Miles Roberts, chief executive officer of DS Smith. "The proposed acquisition will further enhance our customer offering in this important and growing market segment."

The acquisition is expected to be complete during the first quarter of 2017.