Nefab acquires MK Special Emballage

Report this content

Nefab acquires MK Special Emballage Nefab has signed a preliminary agreement covering the acquisition of the operations of MK Special Emballage. MK Special Emballage manufactures and sells packaging materials, mainly to Swedish industry. The company has sales of approximately SEK 40 M and some 20 employees. The acquisition is part of Nefab's efforts to become a supplier of complete packaging solutions. MK Special Emballage supplies several of Nefab's key customers and the products complement the rest of Nefab's product range. The products consist of customized cushioning and securing packaging assemblies produced from cellular plastic and plastic foam. It is anticipated that the acquisition will result in a positive contribution to the earnings per share already the first year. The take- over is expected to take place on March 1, 2001. For further information, contact President and CEO Lars-Åke Rydh, tel +46- 70-592 45 70, e-mail lars-ake.rydh@nefab.se or CFO Anna Stålenbring, tel +46-70-814 23 44, e-mail anna.stalenbring@nefab.se Jönköping, December 14, 2000 Lars-Åke Rydh President and CEO Information about Nefab Nefab delivers complete packaging solutions to international industrial groups, primarily within the telecom equipment and automotive industry. Nefab operates within two business areas - NEFAB ExPak (collapsible export packaging systems) and NEFAB RePak (reusable transport-packaging and storage systems). Nefab has its own companies' in Europe, North and South America and Asia. Annual sales is about SEK 1BN. Nefab is listed on the OM Stockholm Exchange. Nefab AB (publ) Östra Storgatan 20 . P O Box 2184 . SE-550 02 Jönköping . Sweden Telephone +46(0)36-345050 . Telefax +46(0)36-150444 . Organization No. 556226-8143 Homepage: www.nefab.com . E-mail: info@nefab.se The registered office of the board of directors is in Ovanåker, Sweden ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/14/20001214BIT00540/bit0001.doc http://www.bit.se/bitonline/2000/12/14/20001214BIT00540/bit0002.pdf

Subscribe