Announcement, November 2018

Merger and integration Enveloprint|Stationery and Papicolor International bv

As a private investment company the E-Paper Group bv has conducted an active buy and build strategy ever since its establishment in 2006. What started with the acquisition of Enveloprint bv grew, by several acquisitions, into a group of companies who are active in the printing and paper processing industry. The vision at all acquisitions is focused on the will to be a specialist partner for its customers and to remain competitive in the market through increase and optimization of business operations.

In 2018 Enveloprint bv has acquired Drukkerij Tesink bv located in Zutphen (NL) and Mayer-Network Benelux bv located in Venlo (NL). With these acquisitions Enveloprint has enforced itself with a state of the art sheet fed offset printing plant, with the capacity to print at the size of 70 x 100 cm.  As well as a specialist in envelopes, who in addition to the existing sheet fed production can produce envelopes in web-fed. Not only is there renewal and expansion in means of production, we also realize chain integration in which Enveloprint bv guarantees its independence. Through this merger a group of companies with 170 employees and a turnover of approx. € 35M arises.

Given the many acquisitions and the turbulent growth the time has come to change the organizational structure. As off January 1st 2019 Enveloprint bv will separate its division Stationery to Papicolor International bv. Enveloprint|Stationery and Papicolor International bv are both 100% daughters of the E-Paper Group bv. They both deliver consumer goods and are mostly active in the same markets with the same products and concepts. Goal of the merger is on the one hand streamlining the organization, but more importantly creating a focus on product range, product innovation and product presentation, a shorter time to market and a more flexible organization.

Together with this merger the management team will be strengthened to guarantee integration and further growth. Koos Nederlof will continue his role as director-shareholder as chief executive officer (CEO) of Papicolor International bv. Roy Knol and Martijn Melten will join the daily management respectively as Chief Commercial Officer (CCO) and Chief Operating Officer (COO).

This merger has no effect on the daily operational activities of both organizations or attainability of its employees. Due to the merger all agreements, rights and obligations go from Enveloprint|Stationery to Papicolor International bv.

New company information:
Name:                                      Papicolor International bv
Chamber of Commerce:       30107585
Postal address:                      Postbus 42, 7090 AA Dinxperlo, Netherlands
Visiting address:                   Meniststraat 14, 7091 ZZ Dinxperlo, Netherlands
IBAN:                                      NL86 RABO 0106 0832 36 (BIC: RABO NL 2U)
VAT number:                        NL800735808B01

For complementary information regarding this merger, please contact:

CEO Koos Nederlof, tel. + 31 (0) 315 65 96 71 or k.nederlof@papicolor.nl

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