BAVARIA Industriekapital AG acquires Norwegian paper manufacturer Hunsfos

12/3/2008, 9:57 AM (Source: GlobeNewswire)
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Munich, 3 December 2008: The stock-listed company BAVARIA
Industriekapital AG has signed a contract for the acquisition of the
Norwegian paper manufacturer Hunsfos Fabrikker AS from Cham Paper
Group. The plant Hunsfos in South Norway generates annual revenues of
Euro 50 million with 120 employees and manufactures uncoated
specialty grade papers.

"Hunsfos Fabrikker is among the leading market players in Europe in
the segment of industrial packaging material. The implementation of
BAVARIA's Operating System will optimize the plant. In addition, the
international expansion will be promoted. The completion of the
acquisition transaction is expected in December 2008, which will
provide planning reliability to the customers", comments Hans Magnus
Andresen, Managing Director of BAVARIA Industriekapital AG.

BAVARIA Industriekapital AG is an industrial holding company which
acquires low-profit companies throughout Europe. Through active
restructuring and revitalisation management it ensures the long-term
success of the companies acquired. The extensive experience and
know-how of its staff allow BAVARIA Industriekapital AG to restore
even companies in difficult sectors to profitability. The majority of
the stock of BAVARIA Industriekapital AG is family-owned and the
company has been listed on the Entry Standard All Share Index of the
German Stock Exchange since 2006. At present BAVARIA Industriekapital
AG has holdings in nine companies and around 3,000 employees. In 2007
the group turnover amounted to Euro 410 million. The annual profit of
BAVARIA Industriekapital was Euro 23 million.

For additional information about BAVARIA Industriekapital, please
visit our website at

We would be pleased to answer any further questions you may have:

BAVARIA Industriekapital AG
Svea Strohm
Bavariaring 24
80336 München

Phone: + 49 - (0)89/ 72 98 967-0
Fax: + 49 - (0)89/ 72 98 967-10

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BAVARIA Industriekapital AG
Bavariaring 18 München Germany

260555; ISIN: DE0002605557;
Listed: Entry Standard in Frankfurter Wertpapierbörse, Freiverkehr in
Bayerische Börse München,
Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf,
Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische
Wertpapierbörse zu Hamburg,
Freiverkehr in Niedersächsische Börse zu Hannover;
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