Airopack Technology Group AG: Confirms acquisition of full-service manufacturing business Donnerstag, 01. Oktober 2015 - 19:31

Airopack Technology Group AG / Key word(s): Acquisition
Airopack Technology Group AG: Confirms acquisition of full-service
manufacturing business

01.10.2015 / 18:30
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Baar, October 1, 2015 - Airopack Technology Group AG acquires the majority
part of the activities of Proficos, a full-service contract manufacturer of
cosmetic products that is based in Heist-op-den-Berg (Belgium) through its
subsidiary, Airosolutions. The full-service manufacturing activities of
Airopack Technology Group, including filling, sleeving, labelling and
packing of Airopack dispensers are now completely insourced by this
acquisition.

Airosolutions is proud to announce that it has received confirmation from
all important customers of Proficos and will therefore continue to work
with multiple globally leading personal care brand owners, such as
Beiersdorf, Laboratoires Urgo, Omega Pharma, Lornamead, Evonik, Reckitt &
Benckiser.

The purchase price of the acquisition of Proficos is in the low single
digit million range.

 

For more information: 
Airopack Technology Group AG 
Frans van der Vorst, CFO 
Zugerstrasse 76b 
6340 Baar 
Switzerland
T +41 41 766 35 00 
E frans.vandervorst@airopackgroup.com 
www.airopackgroup.com



Airopack Technology Group AG is a leading developer and supplier of
mechanical and pressure-controlled dispensing packaging technologies and
systems for manufacturers and suppliers of cosmetics, body care,
pharmaceutical and food products. The revolutionary and worldwide patented
Airopack(R) technology offers a safe, all-plastic pressurized dispenser
that
is environmentally friendly: no inhalation risks, no propellants and no
unnecessary waste. Unlike other pressurized dispensers that use propellants
Airopack(R) uses just normal compressed air which results in dispensing a
formulation at constant pressure from start to finish.


Airopack Group does not only offer this patented technology but also has a
Full-service operation. With this Full-service operation Airopack Group
provides a turnkey solution to quickly and easily launch customer products
in Airopack(R). Via the unique Full-service operation Airopack Group can
mould, assemble, sleeve or label, fill and pack Airopack(R) to customer's
specifications. In addition Airopack Group has a highly experienced
laboratory for formulation development and bulk production to ensure the
best quality and control.


Within the context of a joint venture (Airolux AG) with Resilux the
Airopack
Technology Group operates a manufacturing facility in Glarus Nord,
Switzerland, a Full-service operation in Belgium, global R&D and customer
service facility in Waalwijk, the Netherlands and a sales office in
Pendergrass, Georgia, United States of America. With deliveries to the
world's largest and leading consumer brands, Airopack Technology Group
reached a key milestone in 2015 with respect to commercial market entry.
The
shares of the company are listed on the Swiss Reporting Standard of the SIX
Swiss Exchange since 2010. (Ticker: AIRN / ISIN: CH0242606942).



Airopack Technology Group AG
Frans van der Vorst, CFO
Zugerstrasse 76B
6340 Baar
Switzerland
T +41 41 766 35 00
E frans.vandervorst@airopackgroup.com

www.airopackgroup.com