EQS Group-News: SIG Combibloc Group AG
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SIG Combibloc Group AG: Sale of shares by Onex
05.09.2019 / 06:58
MEDIA RELEASE
5 September 2019
SIG Combibloc Group ("SIG")
Sale of shares by Onex
SIG today announced that Onex Corporation ("Onex") (TSX: ONEX) and its affiliates (the "Onex Group") have sold 30 million shares (representing approximately 9.4% of SIG's share capital) to a number of institutional investors following an accelerated bookbuilding process. After settlement of the transaction, which is expected to close on 9 September 2019, subject to customary closing conditions, the Onex Group participation in SIG will be 41.6% and the free float in SIG shares will increase to 56.8%.
Investor contact:
Jennifer Gough +41 52 674 6508
Director Investor Relations
SIG Combibloc Group AG
Neuhausen am Rheinfall, Switzerland jennifer.gough@sig.biz
Media contact:
Lemongrass Communications
Andreas Hildenbrand +41 44 202 5238 andreas.hildenbrand@lemongrass.agency
About SIG
SIG is a leading systems and solutions provider for aseptic carton packaging. We work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable and affordable way. Our unique technology and outstanding innovation capacity enable us to provide our customers with end-to-end solutions for differentiated products, smarter factories and connected packs, all to address the ever-changing needs of consumers.
Founded 1853, SIG is headquartered in Neuhausen, Switzerland. The skills and experience of our approximately 5,000 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 60 countries. In 2018, SIG produced more than 35 billion carton packs and generated EUR1.7 billion in revenue. For more information, visit www.sig.biz.
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=FDBPTJJXTB Document title: Sale of shres by Onex Sept 5, 2019
SIG Group AG is a Switzerland-based company engaged in the containers and packaging industry. The Company manufactures aseptic carton solutions for beverage and liquid food products, ranging from juices and milk to soups and sauces. The Company's product offering consists of aseptic carton packaging filling machines, aseptic carton packaging sleeves, spouts and caps, as well as after-market services. The Company's machinery is automated with software solutions, such as Efficiency Control System (ECS) and Line Monitoring System (LMS). In addition, the Company provides consulting services, ranging from market analysis and product design to the installation, start-up and maintenance of the filling equipment, food safety consulting and continuous improvement of production facilities and processes. The Company is globally active, with operations in the Americas (AM), Europe (EU), Middle East and Africa (MEA), and Asia-Pacific (AP).
SIG GROUP AG 
