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2015-05-22

CapMan Oyj: CapMan's portfolio company Walki to sell the majority of its Industrial Packaging business

CapMan Press Release 22.5.2015 at 2.25 p.m. EEST

CapMan's portfolio company Walki to sell the majority of its Industrial
Packaging business

Walki Group, the leading producer of protective packaging materials and
technical laminates, announces today that it has entered into an agreement
with international packaging and paper group Mondi to sell its Pietarsaari
plant in Finland and the Wroclaw plant in Poland.

The two facilities with aggregated sales of €113 million in 2014 constitute
the major part of Walki's Industrial Packaging business, producing primarily
packaging material for the paper industry as well as for the corrugated board
industry. Post-transaction Walki will have sales of approx. 200 MEUR and
eight manufacturing plants. The proposed transaction enables Walki to focus
all its resources on the growing markets of energy saving laminates and
membranes for building purposes, as well as on selected segments of the
consumer packaging market. The funds obtained from the partial exit will be
used to strengthen Walki's balance sheet and finance growth investments.

The planned transaction is subject to competition clearance. Walki Group is a
portfolio company of the CapMan Buyout VIII fund and the CapMan Mezzanine IV
fund.

For more information, please contact:

Anders Björkell, Partner, CapMan Buyout, tel. +358 (0)207 207 502
Leif Frilund, President and CEO, Walki Group, tel. +358 (0)403543330

About CapMan Group (www.capman.com)

CapMan is one of the European leaders in the private equity industry. For more
than 25 years, we have been developing companies and real estate and
supporting their sustainable growth. We are committed to understanding the
needs of our customers in an ever-changing market environment. We provide
attractive returns and innovative solutions for our investors and value
adding services for professional investment partnerships, growth-oriented
companies and tenants. Our independent investment partnerships - Buyout, Real
Estate, Russia and Credit - as well as our associated company Norvestia are
responsible for investment activities and value creation. CapMan's service
business offering includes fundraising advisory services, purchasing
activities and fund management services to both internal and external
customers. CapMan has 100 private equity professionals and assets under
management of €3.0 billion.

About Walki Group (www.walki.com)
Walki Group is a leading producer of technical laminates and protective
packaging materials, specializing in the production of fibre based,
intelligent, multi- layer laminate products for markets as diverse as energy
saving construction facings to barrier packaging applications. Walki Group is
present in eleven countries with operations in Finland, Germany, the
Netherlands, Poland, Russia, the UK and China with a workforce of about 900
people. Annual net sales of the Group are more than €300 million.

About Mondi (www.mondigroup.com)
Mondi is an international packaging and paper Group, employing around 25,000
people across more than 30 countries. The key operations are located in
central Europe, Russia, North America and South Africa. Mondi offers over
100 packaging and paper products, customised into more than 100,000 different
solutions for customers and end consumers.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CapMan Oyj via Globenewswire

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