PRESS RELEASE
May 13, 2016
COMMENT TO MEDIA REPORTS
In response to recent media reports, stating that AR Packaging is for sale with an initial public offering (IPO) as main focus, the company provides the following clarification.
The plan of an IPO was first announced in the beginning of 2012. During 2016 this development has been moved in a further status as part of AR Packaging's strategy for future growth, including ongoing talks with financial advisors, as was reported in the year-end report for 2015.
For further information, please contact:
Harald Schulz, President & CEO, AR Packaging, tel.: +49 6192 406 100
Stina Thorman, IR manager, AR Packaging, tel.: +46 709128261
The information contained in this press release is such information that ÅR Packaging Group AB is required to publish in accordance with the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication on May 13, 2016, at 10:45 am CET.
AR Packaging
AR Packaging is one of Europe's leading companies in the packaging sector with net sales of approximately 560 MEUR (pro forma 2015) and 2 200 employees in 17 factories in nine countries. The head office is situated in Lund, Sweden. AR Packaging was formed in 2011 as a merger of A&R Carton, one of Europe's leading carton board packaging groups and Flextrus, a leader in northern Europe within flexible packaging. The group creates added value to customers by a broad product offering and deep knowledge of packaging. AR Packaging has an objective to grow both organically and by way of acquisitions. www.ar-packaging.com
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