Earlier start for Bong´s direct distribution of Tyvek(R) Envelopes
12/13/2001 6:55 AM EST
PatrikPatrikEarlier start for Bong's direct distribution of Tyvek Envelopes
On September 28 it was announced that Bong would cease its
sales co-operation with Eurotrade Ltd. re. Tyvek envelopes
and service the market directly as from April 1, 2002.
It has now been agreed to shorten the transfer period and
Bong will start its direct sales already on January 2, 2002.
Bong is a 50% shareholder in Eurotrade. Following a share
sales and purchase agreement that was signed yesterday, Bong
will on January 2, 2002, sell its 50% shareholding in
Eurotrade to the owner of the other 50%, the Curtis group.
Bill Callcut, currently General Manager in Eurotrade will at
the same date assume the responsibility as Sales and
Marketing Manager for Bong's Tyvek envelope program.
Tyvek envelopes are envelopes made of Tyvek lightweight, rip-
proof, super-strong material and are part of Bong's
protective packaging program ProPac.
Kristianstad 2001-12-13
Bong Ljungdahl AB (publ.)
Lennart Pihl
President and CEO
For further information, please contact Lennart Pihl,
President and CEO.
Telephone: +46 44 20 70 00, mobile +46 70 594 68 66
Bong is a fast growing international envelopes company. The
Group has an annual turnover of some SKr 2.5 billion,
approximately 1,800 employees and an annual production
capacity of some 16 billion envelopes at its factories in
Sweden, Denmark, Norway, Finland, Germany, Great Britain,
Ireland, Belgium, Poland and Estonia. In recent years, Bong
has played an active part in the ongoing process of
restructuring in the European envelope industry and sees
useful opportunities for further expansion and development.
Bong is a public company and the shares are listed on The
Stockholm Stock Exchange "O" list.