Cham Paper Group Holding AG

DGAP-Adhoc: Cham Paper Group Holding AG: Cham Paper Group sells its Italian paper mills to Delfort Group

Cham Paper Group Holding AG  / Key word(s): Strategic Company Decision

15.07.2013 07:00

Release of an ad hoc announcement pursuant to Art. 53 KR

The Cham Paper Group sells its Italian paper mills located in Carmignano
and Condino to Delfort Group and thereby backs out of the base paper
production. Based in Traun, Austria, Delfort Group produces and distributes
speciality papers and has around 1,750 employees at five factories in
Austria, Hungary, the Czech Republic and Finland. Similarly to the Cham
Paper Group, the family-run company has a widely recognised market position
in a range of areas within the speciality papers market.

During the last few months, the Board of Directors of the Cham Paper Group
has been evaluating strategic options which, after the comprehensive
restructuring of the last 18 months, bring back sustainable growth to the
speciality paper business. To integrate the two complementary Italian mills
into the Delfort Group was found to be the promising option.

The acquisition is subject to approval by the responsible regulatory
authorities. The closing of the transaction is expected to take place in
the fourth quarter of this year. The transaction value (enterprise value)
amounts to approx. EUR 86 million and includes financial liabilities of
approx. EUR 45 million, which are taken over by the acquirer. The net
purchase price will be paid in cash. As agreed by both parties, further
details of the share purchase agreement will not be disclosed.

The Cham Paper Group activities in Switzerland are not affected by the
divestment of the Italian mills. Starting from this year, the industrial
activities of the Group in Switzerland have been focusing on the finishing
(coating technology) of external base paper as well as the development,
commercial launch and distribution of high-grade product groups and
services. Moreover, the Group is planning to transform its 'Papieri' site
in Cham into a new residential and working area.

Today, 15 July 2013, a conference call (conference ID: 4630582) with the
Media and IR office of Cham Paper Group (Edwin van der Geest) will take
place at 10.00 a.m. (local time Zurich). The dial-in number for
participants is +41 22 592 73 12.


Information and Explaination of the Issuer to this News:

For further information please contact:
Media and IR office of Cham Paper Group Holding AG
c/o Dynamics Group
Edwin van der Geest / Philippe Blangey
E-mail: and/or
Phone: +41 43 268 32 32
Swiss Security Number / ISIN / Ticker:
193 185 / CH0001931853 / CPGN
Registered Shares: Cham Paper Group Holding AG

Cham Paper Group
Cham Paper Group is a leading manufacturer of coated speciality papers. The
group generates value added for its customers by providing finishing-based
functional capabilities. Founded in 1657, at its three locations in
Switzerland and Italy the company develops and manufactures speciality
papers for use in the consumer goods, industrial release and digital
imaging sectors. The consumer goods sector encompasses papers for flexible
packaging and base papers for label printing in the food, non-food,
tobacco, beverage and pharmaceutical industries. In terms of the industrial
release sector, Cham Paper Group supplies silicone-base papers for release
liners used in graphical applications and for adhesive tapes and labels.
The company also supplies base papers for process liners used in industrial
casting and laminating process applications. Facestock papers for the
self-adhesive industry round off the range. In addition to large-format
inkjet papers for indoor and outdoor applications, the digital imaging
sector also includes sublimation papers for digital textile printing. Cham
Paper Group has benefited from the trend for sustainable products and is
well established on the market thanks to the company's technological
innovation. Cham Paper Group (stock exchange symbol: CPGN) is listed on the
SIX Swiss Exchange as an independent company.

Additional features:

Document title: Press release signing Delfort

15.07.2013 News transmitted by EQS Group AG.
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Language:               English
Company:                Cham Paper Group Holding AG
                        6330 Cham
Phone:                  +41 41 785 33 33
Fax:                    +41 41 785 31 50
ISIN:                   CH0001931853
Valor:                  -
Listed:                 SIX

End of Announcement                             EquityStory News-Service



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