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Elanders broadens its offer in packaging through an acquisition in Scotland


February 13, 2013 - London

In line with Elanders' strategy to continue to make packaging a larger part of total sales Elanders has acquired all the shares in the label printing company McNaughtan's Printers Limited ("McNaughtan's") in Glasgow, Scotland. The company is particularly niched towards the whisky trade and a number of well known whisky distilleries are customers. For many producers their label is a crucial part of packaging and therefore labels and packaging are normally purchased from the same source. This means that with this acquisition Elanders broadens its offer in packaging and gains new customers in the growing whisky trade in Scotland as well.

During the split financial year 2011/2012 McNaughtan's had net sales of around MSEK 20 and 14 employees. The company is expected to contribute positively to consolidated results already in 2013.

Elanders AB (publ)

For further information please contact:
Magnus Nilsson, President and CEO, telephone: +46 31 750 07 50

Elanders discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8:00 a.m. on 13 February 2013.

2013-02-13 Elanders Pressrelease



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Elanders AB via Thomson Reuters ONE

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