Georgia-Pacific Aktie

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WKN DE: 851169 / ISIN: US3732981085

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19.12.2005 17:22:00

Georgia-Pacific to Acquire Slovakia-Based Delis

Georgia-Pacific Corp. (NYSE:GP)(FWB:GPA) today announcedthat it has entered into an agreement with the owners of Delis,s.r.o., a Slovakia-based manufacturer of away-from-home paper consumerproducts, for the acquisition of Delis. The transaction is expected tobe completed in January 2006. Purchase price is not being disclosed.

The acquisition includes all shares of Delis, as well as allshares of Rozis, a related company also based in Slovakia. Theoperations will become part of Georgia-Pacific's internationalconsumer products unit and its pan-European away-from-home business.

Delis converts paper products, primarily napkins, for theaway-from-home market. Rozis produces hand towels and paper coasters.

Delis and Rozis market most of their products through distributorsto the professional, away-from-home channel, including restaurants,hotels and large corporations based in Slovakia, Czech Republic,Hungary, Germany and Austria.

All of the 100 employees at Delis and Rozis, including the currentmanagement team, are expected to continue to operate the facility andmanage all operations and functions.

"We welcome the talented employees from Delis and Rozis toGeorgia-Pacific," said William Schultz, president - InternationalConsumer Products for Georgia-Pacific. "These efficient operations area perfect fit with our ongoing strategy to expand our internationalconsumer products business boundaries into countries contiguous to ourcurrent operations."

Hans Wijn, general manager - Central Europe for Georgia-Pacific,added, "Delis provides a strong foothold for us as we expand ourbusiness into Eastern Europe. The company currently sells a range ofproducts that fit nicely with our current portfolio of away-from-homeproducts. This acquisition allows us to better serve our existingcustomers, helps us expand into new territories, and provides a strongplatform for further investments and growth."

Lubor Benkovic, founder of both companies, said, "We believebecoming a part of Georgia-Pacific provides many benefits for ourcustomers and our employees. The opportunity for future growth andexpansion will accelerate with the technological and investmentcapability of Georgia-Pacific."

Headquartered at Atlanta (U.S.), Georgia-Pacific is one of theworld's leading manufacturers and marketers of tissue, packaging,paper, building products, and related chemicals. With 2004 annualsales of $20 billion, the company employs approximately 55,000 peopleat 300 locations in North America and Europe. In Europe, the company'saway-from-home brands include Lotus Professional(R), enMotion(R)touchless dispensers and JustOne(R) napkins. Its familiar consumertissue brands include Lotus(R), Colhogar(R), Delica(R), Tenderly(R),Nouvelle(R), and the Vania(R) brand of personal care products inEurope, as well as Quilted Northern(R), Angel Soft(R), Brawny(R),Sparkle(R), Vanity Fair(R), and the Dixie(R) brand of tableware inNorth America.

For more information, visit www.gp.com.

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