Bong's Acquisition in Finland Completed According to Plan


KRISTIANSTAD, Sweden, June 1, 2004 (PRIMEZONE) -- As previously announced, Bong Ljungdahl AB in the end of April signed an agreement to acquire Kirjekuori Oy in Finland.

Following a one month due diligence process the deal was yesterday completed according to plan.

Kristianstad, 1 June 2004

Bong Ljungdahl AB

Anders Davidsson President and CEO

Bong is one of Europe's leading envelope companies. The Group has an annual turnover of approximately SEK 1.9 billion, some 1,500 employees and an annual manufacturing capacity of around 15 billion envelopes in Sweden, Denmark, Norway, Finland, Poland, Germany, Belgium, Great Britain and Ireland. Bong has a very strong market position, particularly in Northern Europe, and conducts sales and marketing in eleven European countries through its own sales organisations. The Group sees attractive opportunities for further expansion and development. Bong is a publicly listed company and its shares are quoted on the O list of the Stockholm Stock Exchange.

For additional information contact Anders Davidsson, Managing Director and CEO of Bong Ljungdahl AB. Telephone (switchboard) +46 44 20 70 00, (direct) +46 44 20 70 80, (mobile) +46 (0)70 545 70 80.

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http://www.waymaker.net/bitonline/2004/06/01/20040601BIT00080/wkr0001.pdf


            

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