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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  SIG Combibloc Group AG    SIGN   CH0435377954

SIG COMBIBLOC GROUP AG

(SIGN)
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SIG Combibloc Group AG: SIG wins major contract in Germany

04/21/2020 | 01:05am EST

EQS Group-Ad-hoc: SIG Combibloc Group AG / Key word(s): Expansion/Agreement
SIG Combibloc Group AG: SIG wins major contract in Germany

21-Apr-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


MEDIA RELEASE

21 April 2020
SIG Combibloc Group AG ("SIG")

SIG wins major contract in Germany


SIG has been chosen by Hochwald, one of the largest German dairy cooperatives, as its preferred partner for a new dairy production site.

Hochwald's project includes the construction of a new plant with capacity to process more than 800 million litres of milk per annum. Milk will be processed and sold as UHT milk, cream, condensed milk and flavoured milk for the European market and for export to China, the Middle East and Africa, starting in 2022.

SIG will supply 15 new aseptic filling machines for the new plant, which will be based in Mechernich, Germany. SIG's flexible filling technology will enable Hochwald to offer a variety of aseptic packaging solutions in five different carton formats, with a wide range of volumes, closures and straw solutions.

Thorsten Oberschmidt, COO at Hochwald, commented: "Our close cooperation with SIG will make a significant contribution to our major European greenfield UHT project, providing the most flexible and innovative packaging solutions of their kind. In a competitive market environment, efficiency and flexibility in our production is as crucial as it's ever been."

Martin Herrenbrück, President & General Manager Europe at SIG, commented: "We are honoured to be selected as a preferred supplier by one of the leading dairies in Europe. Our strong partnership with Hochwald started back in 1994 and to this day we continue to adapt and change together, creating a benchmark for the optimised filling of UHT milk."

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 5,500 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 60 countries. In 2019, SIG produced 38 billion carton packs and generated ?1.8 billion in revenue. For more information, visit www.sig.biz.


Additional features:


Document: https://eqs-cockpit.com/c/fncls.ssp?u=PKPNHQVOAS
Document title: SIG_Hochwald_20200421

End of ad hoc announcement
Language: English
Company: SIG Combibloc Group AG
Laufengasse 18
8212 Neuhausen am Rheinfall
Switzerland
Phone: +41 52 674 61 11
Fax: +41 52 674 65 56
E-mail: info@sig.biz
Internet: www.sig.biz
ISIN: CH0435377954
Listed: SIX Swiss Exchange
EQS News ID: 1025075

 
End of Announcement EQS Group News Service

1025075  21-Apr-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1025075&application_name=news&site_id=zonebourse

© EQS 2020
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