Nov 03, 2011. /Lesprom Network/. Walki Group announced the sale of its 52 % share holding in Converflex Ab. The transaction was made as a local investor backed management buyout (MBO). The parties have agreed not to disclose the acquisition price, as the company said in a press release received by Lesprom Network. Converflex is a flexo printing company in Sweden with a focus on the printing of ream wrapping and flexible packaging. The company generated a turnover in 2010 of Euro 6.6 million and employed 16 persons. It has been agreed that Walki will continue to supply Converflex with barrier materials. Walki Group is a leading producer of technical laminates and protective packaging materials, specialising in the production of fibre based, intelligent, multilaminate products for markets as diverse as energy saving construction facings to barrier packaging applications. Walki Group has operations in Finland, Sweden, Germany, the Netherlands, Poland, the UK, Russia and China.