As of today, March 1, 2010, Grycksbo Paper (Grycksbo Paper Holding AB) is included as a whollyowned subsidiary in Arctic Paper S.A. The purchase, which was made public December 8, 2009, means that Arctic Paper has now acquired all shares in Grycksbo Paper Holding AB from the investment fund, Accent Equity 2003, as well as from minority shareholders.

Arctic Paper’s strategy is to grow both organically and through acquisitions and to take a strong position in the European market for both coated and uncoated fine paper. Following the acquisition, Arctic Paper’s collective production capacity totals over 800,000 tons per year.
The fine paper mill Grycksbo Paper, is located in the region of Dalecarlia, Sweden. The mill’s annual production capacity totals 265,000 tons of coated fine paper. The paper is sold under the mill’s own brand, G‐Print, and since last year, also in part under the brand Arctic.
The mill is advanced in regard to environmental work. Heat production is carbon dioxide neutral and the mill’s own electricity production entitles it to be electricity certified. New, efficient transport systems are reducing transport‐related CO2‐emissions by more than 30% compared with previously.
In addition, Grycksbo Paper is now FSC and PEFC certified. These are just some of the many steps the mill has taken towards its goal of becoming Europe’s greenest paper supplier for coated fine paper.
“This acquisition is of great strategic importance for the Group”, says Michał Jarczyński, CEO at Arctic Paper S.A. “The acquisition of Grycksbo Paper will significantly strengthen our market position and allow us to leap ahead in European market share. Our total production capacity will increase with almost 50 %.”
“Through the acquisition of Grycksbo Paper, we are expanding our portfolio of strong brands and improving our position with both printers and wholesalers, publishers and advertising agencies. With the brands G‐Print and Arctic, Arctic Paper is now offering the market two levels of quality coated paper that complement each other very well. These qualities, together with our high‐quality uncoated papers, means that we can offer our customers an incredibly strong selection,” says Hans Karlander,
Sales and Marketing Director at Arctic Paper S.A .
Grycksbo Paper’s existing customers will continue to have access to the mill’s products, but with strengthened marketing support towards its end users as well as increased technical support.
For the European market, the acquisition means that both G‐Print and Arctic will henceforth be supplied through Arctic Paper’s sales organization and its stock‐keeping partners, as well as through Grycksbo Paper’s stock‐keeping partners. In Scandinavia, the ambition is to continue to market G‐Print through existing wholesalers, while the brand Arctic will be sold through Arctic Paper’s own sales organization. The Scandinavian market will consequently get access to an extensive selection of locally produced coated paper.
As of today, Grycksbo Paper will be headed by Managing Director, Per Skoglund. During all of his professional life, Per Skoglund has been active in the Swedish paper industry and the last five years at Arctic Paper, most recently as product manager for coated paper.
In accordance with naming of the other Arctic Paper mills, Grycksbo Paper will in the near future be renamed Arctic Paper Grycksbo.

Further information: Hans Karlander, Sales and Marketing Director, Arctic Paper S.A., +46 31 63 17 08.

About Arctic Paper:
Arctic Paper S.A. is one of the leading European manufacturers of bulky book paper and graphic fine paper. The group produces high quality coated, uncoated wood‐free and uncoated wood‐containing papers. The main customer groups are primarily the printing and advertising industries and end users in the book and magazine publishing industry.
The Group’s product portfolio consists of the brands Amber, Arctic, G‐Print, Munken, Pamo and L‐Print. Production is carried out at four different European paper mills: in Poland at Arctic Paper Kostrzyn; in Sweden at Arctic Paper Munkedals and Arctic Paper Grycksbo, and in Germany at Arctic Paper Mochenwangen. The total production capacity of the Group’s four paper mills is 810,000 metric tonnes of paper per year.
Arctic Paper S.A. is listed on the Warsaw Stock Exchange since October 2009. The majority shareholder of Arctic Paper S.A.
is the Swedish company Arctic Paper AB, and 20.7% of the shares are held by other stock market investors. The company currently employs 1,650 people across Europe and has sales offices in 15 European countries.