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Ownership change at Beneli AB

During June 2020, the Swedish industrial group Volati AB acquired Beneli in Helsingborg. Volati is already the owner of label producer Ettiketto AB, which will become a sister company of Beneli. This means that,as a customer,you will gain access toalargerand stronger organisation,and a production capacity consisting of 16 printing presses, three of them digital. In addition, we will have shared resources for sales, order management and prepress, enabling high standards of availability and service to be maintained, with short lead times.

Anders Eliason, CEO Beneli and member of the owner family, comments:

"We are very happy and satisfied with the acquisition, which wil/ give Beneli's existing customers access to a braader product portfolio, largely due to Ettiketto being the only company in Scandinavia to have invested in both digital offset and inkjet technology, and the ability todeliver complete label solutions."

Rikard Ah/in, CEO Ettiketto, comments:

"Bene/i excels both in knowledge and equipment for producing technologically advanced labels in combination printing, something we havenotbeen abie to offer Ettiketto's customers previously. We look forward to the collaboration between our companies and the new opportunities that the braader product portfolio wil/ offer our customers."

All contact details will remain the same and we will continue to run the business in Helsingborg under the Beneli brand name.