Munksjö sells its packaging business

PRESS RELEASE 2011-06-09

Munksjö AB has decided to sell its packaging business to the Norwegian packaging company Tommen Gram Folie® AS.

The transaction is made as an asset deal covering the whole of the Norwegian unit (Munksjö Inpak AS) and parts of the Swedish unit (Munksjö Inpak AB). Munksjö will keep a large printing machine in Ed, Sweden to ensure the growth and development of the Spantex business in Billingsfors, Sweden. Net sale for the divested parts was about 60 SEK m in 2010. The transaction is expected to be completed by August 31 this year.

"This transaction is another step towards refining Munksjö as a specialty paper company" says Jan Åström, President and CEO of Munksjö.


Stockholm June 9, 2011

For more information, please contact:
Asa Fredriksson, Vice President HR and Information +46 10 250 1003

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