Bewi Invest AS

M&A Activity • Oct 15, 2021

BEWI invites to presentation and Q&A regarding acquisition of Jackon Holding

BEWI invites to presentation and Q&A regarding acquisition of Jackon Holding

With reference to the stock exchange notice issued by BEWI ASA ("BEWI" or the

"Company") on 1 October 2021 regarding its offer to acquire all shares in Jackon

Holding, and the notice issued earlier today regarding the acceptance of the

offer from all shareholders.

BEWI invites to a short presentation and Q&A session about the Jackon

transaction on Monday 18 October 2021 at 03:30 pm CEST.

Details about how to participate in the presentation will be made available on

the company's website, www.bewi.com prior to the meeting.

Due to the good industrial fit between the two companies, BEWI expects synergies

in the range of at least EUR 12 to 15 million. The synergies are mainly from

more efficient transport, logistics and procurement. In addition, the

combination of the two companies will broaden the product offering and enable

optimisation from implementing best practice across the business units.

Completion of the transaction is subject to satisfactory due diligence,

resolution of the BEWI general meeting to issue the consideration shares, and

customary closing conditions, including regulatory approvals.

Contacts:

Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 9756

1959

About BEWI ASA

BEWI is an international provider of packaging, components, and insulation

solutions. The company's commitment to sustainability is integrated throughout

the value chain, from production of raw materials and end goods, to recycling of

used products. With a vision to protect people and goods for a better every day,

BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.