Bure Invests in Appelberg Publishing Agency.Business Editors GOTHENBURG, Sweden--(BUSINESS WIRE)--Feb. 12, 2001 Bure Equity has acquired 25 percent of the shares in Appelberg Publishing Agency AB. Appelberg's core business is custom publishing of magazines and websites. This represents Bure's first investment in the field of custom publishing. Bure has the option to increase their ownership in Appelberg to between 42 and 55 percent before September 2002. Appelberg is Sweden's largest producer of print and digitally based customer magazines for large international companies. The company had a turnover of 83 MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner during the last fiscal year, and employs 40 individuals. Their customer list includes Alfa Laval Alfa Laval AB is a Swedish company, founded in 1883 by Gustaf de Laval and Oscar Lamm. The company is a leading producer of specialized products and solutions used to heat, cool, separate and transport products such as oil, water, chemicals, beverages, foodstuffs, starch and , Ericsson, Gambro, SCA (Single Connector Attachment) An 80-pin plug and socket used to connect peripherals. With a SCSI drive, it rolls three cables (power, data channel and ID configuration) into one connector for fast installation and removal. , Skandia and Tetra Pak Tetra Pak is a multinational food processing and packaging company of Swedish origin. It was founded in 1951 in Lund, Sweden by Ruben Rausing and Erik Wallenberg. The company is part of the Tetra Laval group which also includes Sidel- who specialise in PET bottles- and DeLaval, a among others. Appelberg utilizes a global network of writers and photographers, and carries out productions in more than 20 different languages. The company, whose head office is in Stockholm, is well known internationally. "We have found Appelberg's business area to be very exciting. We also believe there are excellent opportunities for growth within Sweden as well as for expansion on international markets. Appelberg's impressive customer list, their professional organization plus their strong market position provides a stabile stabile (stā`bēl), an abstract construction that is completely stationary. The form was pioneered by Alexander Calder, and examples were termed stabiles to distinguish them from mobiles, their moving counterparts, also invented by Calder. base for continued development in the field of custom publishing," says Per Lundgren, Investment Manager, Bure Equity. "We see Bure as an important part owner (Law) one of several owners or tenants in common. See See also: Part for Appelberg at this time. Bure has earlier succeeded in building new organizations through acquisitions and aggressive organic expansion in a way that has changed the status in several business arenas. Appelberg gets a committed partner with industrial and financial knowledge and creativity. In particular, Bure's activities with Citat provide a solid background in media and information services See Information Systems. ." says Olle Appelberg, President and founder of Appelberg Publishing Agency. The investment in Appelberg complements Bure's other investments within the area Media & Information Services that include Observer, Citat and MobileOpinion. Bure Equity AB ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/12/20010212BIT00420/bit0001.doc http://www.bit.se/bitonline/2001/02/12/20010212BIT00420/bit0002.pdf |
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