Bong Acquires Bording Polska.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Dec. 22, 2000 Bong has today through its Polish subsidiary agreed to acquire the business in Bording Polska. The deal is expected to be finalized See finalization. early next year and is conditioned by a due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. . Bording Polska distributes and overprints envelopes to the Polish market and has annual revenues of approx. 5 MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner . The operations will be integrated with Bong's current business in Poland and will further strengthen Bong's position on the fast growing Polish envelope market. Bong is a fast-growing international envelopes company. The Group has an annual turnover of some SKr 2.5 billion and around 1,900 employees. It has an annual production of some 16 billion envelopes at factories in Sweden, Denmark, Norway, Finland, Germany, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Ireland, Belgium, Poland and Estonia. In recent years, Bong has played an active part in the current process of restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). in the European envelope industry and sees valuable potential for further expansion. The acquisition of Bauwens in January 2000 was an important step in this process, making Bong one of Europe's leading envelope companies. Kristianstad, Sweden, December 22, 2000 BONG LJUNGDAHL AB Lennart Pihl CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and MD For further information, please call: Lennart Pihl, President and CEO Telephone: +46 044 20 70 50 or Mobile: 070 - 594 68 66 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/22/20001222BIT01120/bit0001.doc http://www.bit.se/bitonline/2000/12/22/20001222BIT01120/bit0002.pdf |
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