Complementary Acquisition in Customized Sustainable Packaging Solutions in Australia

The purchase price is approximately SEK 40 m for 100% of the company and is covered within existing loan facilities. 80% of the purchase price will be paid on the acquisition date and 20% will be paid as an additional payment on October 1 2020. The acquisition will be reported within Business Area New Markets in Duni as from October 1 2019. The purchase price is approximatelySEK 40 mfor 100% of the company and is covered within existing loan facilities. 80% of the purchase price will be...

Sweden, 01/10/2019 (informazione.it - comunicati stampa - industria)

The purchase price is approximately SEK 40 m for 100% of the company and is covered within existing loan facilities. 80% of the purchase price will be paid on the acquisition date and 20% will be paid as an additional payment on October 1 2020. The acquisition will be reported within Business Area New Markets in Duni as from October 1 2019.

"This is a strategically important acquisition to further strengthen our growth in sustainable packaging solutions", says Johan Sundelin , President and CEO Duni. 

Johan Sundelin , President and CEO, tel. +46 734 19 61 83
Mats Lindroth , CFO, tel. +46 40 10 62 00

Duni is a leading supplier of attractive and convenient products for table setting and take-away. The Duni brand is sold in more than 40 markets and enjoys a number one position in Central and Northern Europe . Duni has some 2,500 employees in 24 countries, headquarters in Malmö and production units in Sweden , Germany , Poland , New Zealand and Thailand . Duni is listed on Nasdaq Stockholm under the ticker name "DUNI".

Duni.com

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https://news.cision.com/duni-ab/r/complementary-acquisition-in-customized-sustainable-packaging-solutions-in-australia,c2923014

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