Grigiskes AB

  • ISIN: LT0000102030
  • Land: .

Nachricht vom 26.01.2010 | 11:47

Notification about intention of obtaining a company


Grigiskes AB / 

26.01.2010 

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

'GRIGISKES', AB and 'HANNER', AB have signed a selling-purchasing agreement on
obtaining of 100% shares of 'AGR Prekyba', UAB. After the terms of the
agreement are fulfilled and the authorization from the Competition Council of
the Republic of Lithuania is received, ' GRIGISKES', AB will obtain 'AGR
Prekyba', UAB, that owns 100% shares of 'AVESKO', UAB. 'AVESKO', UAB owns
96,18% shares of 'KLAIPEDOS KARTONAS', AB. 
The objective of this transaction is to expand the business of corrugated board
and products made of corrugated board of 'GRIGISKES', AB. 
'KLAIPEDOS KARTONAS', AB has invested a lot into renovation of the equipment
while economy was growing, so now it produces high quality cardboard paper
products: testliner and fluting, that are the main materials used in production
of corrugated board. Also in the year 2007, company has launched a new product
- paper honeycomb, used in furniture industry. Company's turnover made LTL 110
mln. (EUR 31,9 mln.) in the year 2008 and LTL 123,3 mln. (EUR 35,7 mln.) in the
year 2007. 
After the obtaining of 'KLAIPEDOS KARTONAS', AB, the Group of 'GRIGISKES', AB
will obtain the full cycle business starting with production of the cardboard
paper and finishing with production of the products made of corrugated board.
The Group will be also augmented by OAO 'MENA PAK', subsidiary of 'KLAIPEDOS
KARTONAS', AB, that operates in Ukraine and produces packaging from corrugated
board. 


Gintautas Pangonis
General Director
(+370-5) 243 58 01

News Source: NASDAQ OMX



26.01.2010  Ad hoc announcement, Financial News and Media Release distributed by
DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      Grigiskes AB
              
               
              Lithuania
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         LT0000102030
WKN:          
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------

Event im Fokus

m:access

20. m:access Analystenkonferenz am 7. September 2010 in Frankfurt.

Event im Fokus

V. IFF

Investment Forum Frankfurt am 07. September 2010 im Hilton Hotel Frankfurt - Elf Börsennotierte Gesellschaften wie MPH Mittelständische Pharma Holding, IBS und KTG Agrar werden sich den anwesenden Investoren, Finanzjournalisten und Analysten präsentieren. Programm & Anmeldung unter iff-investor.de.

Aktueller Webcast

Gerresheimer AG

Capital Markets Day 2010

01. September 2010

Aktuelle Research-Studie

Greater China Precision Components Ltd.

Original-Research: Greater China Precision Components Ltd. (GCPC) (von VEM Aktienbank AG): Halten

02. September 2010

GBC Research aktuell

CR Capital Real Estate AG
1.Halbjahr 2010 „in line“; „Prognose 2010 bestätigt, 2011 erhöht; Kursziel leicht erhöht“

Die CR Capital Real Estate AG konnte im abgelaufenen ersten Halbjahr 2010 den eingeschlagenen Wachstumskurs fortsetzen und damit unsere Erwartungen erfüllen. Auf Grundlage unserer DCF-Bewertung haben wir somit einen fairen Wert je Aktie in Höhe von 1,68 EUR (bisher 1,65 EUR) ermittelt und sehen daher auf Basis der Unterbewertung ein hohes Kurspotenzial. Die CR Capital Real Estate AG ist ein attraktives „Immobilien Markt Berlin“ - Investment.

Performaxx Research aktuell

bet-at-home.com AG

Anlass der Studie:Coverage
Empfehlung: kaufen
seit: 03.05.2010
Kursziel: 43,33 Euro
Kursziel auf Sicht von: 12 Monate
Letzte Ratingänderung: '03.05.2010'