Convertible and Papyrus Announce Europe Partnership

November 4, 2008

Papyrus, a leading paper merchant in Europe, has entered into a strategic sales and distribution partnership with Convertible Solutions, the leader in pre-converted substrates.

The product launch, under the name Digigold Convertible, took place in June 2008, during the Nuremberg Direct-Marketing tradeshow “Mailingtage 2008¨.
During Mailingtage 2008 Convertible Solutions and Papyrus presented their innovative Fold ‘N Go line of products, developed especially for the European market.

In Germany, Papyrus offers Convertible Solutions products through their merchant company Schneidersöhne. Convertible Solutions, Europe, is scheduled to unveil Digigold products and solutions throughout 2009 for the Benelux, the Nordics, and Eastern European countries, Italy, Austria and Switzerland.

Convertible Solutions’ standard products, which have been created for the European market, have been integrated to the digital product line of Schneidersöhne and are available on short call from stock. Papyrus offers individual solutions or tailor made products, in cooperation with Convertible Solutions Europe.

For more information about Papyrus:
www.papyrus.com and www.schneidersoehne.com

About Papyrus –
Papyrus, with net sales of EUR 2 billion in 2007, is one of Europe’s leading merchants in paper, packaging and consumables. It supplies more than 1.9 million tons of paper annually. Papyrus currently has a presence in 22 European countries and employs 3,100 people. The Papyrus head office is located in Göteborg, Sweden.

About Schneidersöhne –
Schneidersöhne has 12 branches and 5 sales offices and is the second largest paper merchant in Germany. More than 1,300 employees achieved 2007 a net sale of 846 million Euro and sold 912,000 tons of paper. Schneidersöhne joined with Papyrus in 2005.

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