KLIPPAN, Sweden, Oct. 30, 2002 (PRIMEZONE) -- KLIPPAN (Stockholm:KLIP) has agreed with Inveresk PLC (Other OTC:IVSKF) to take over the business in the Caldwells mills in Scottland. Caldwells is a producer of graphical white and colored paper. KLIPPAN will increase its turnover by MSEK 300 to MSEK 1,900 annually as a consequence of this acquisition. The KLIPPAN Group will strengthen its already leading position for coloured paper in Europe and will double the Group sales in the United Kingdom. The takeover will take place as of October 30, 2002.
KLIPPAN Olle Grundberg, Deputy President tel +46 70 654 4420
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