SCA acquires Dutch packaging company

SCA acquires Dutch packaging company SCA has acquired Vincor Group, a Dutch packaging company, on a debt-free purchase price of SEK 85 M (EUR 9.45 M). The company reported sales of SEK 148 M in 2002. Vincor has three conversion units in the Netherlands and focuses mainly on short production series within specialty segments of the corrugated packaging market. Based on the operating surplus for 2002, the EBITDA multiple for the acquisition is 3.9. The acquisition results in a CVA index of 1.6, meaning that the current value of future free cash flow is expected to exceed the purchase price by approximately 60 percent. The acquisition is expected to have a positive effect on SCA's earnings per share during the first 12 months. Stockholm, 22 December 2003 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations For further information, please contact: Jan Åström, President and CEO. Phone +46 70 586 07 01. Peter Nyquist, Senior Vice President Communications and Investor Relations. Phone +46 70 575 29 06. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/12/22/20031222BIT00420/wkr0001.doc http://www.waymaker.net/bitonline/2003/12/22/20031222BIT00420/wkr0002.pdf

About Us

The core of SCA’s business is the forest, 2.6 million hectares in northern Sweden. Around this unique resource, we have built a well-developed value chain based on renewable raw material from our own and others’ forests. We offer paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and efficient transport solutions. 2016 the forest products company SCA had approximately 4,000 employees and sales amounted to approximately SEK 15,4 bn (EUR 1,6 bn). SCA was founded in 1929 and has its headquarters in Sundsvall, Sweden. More information at www.sca.com.

Subscribe