Sep 26, 2007. /Lesprom Network/. INAPA purchased the remaining 32.5% interest in the share capital of its INAPA Suisse Ltd’s operation. This minority shareholding, which has been hereto held by Group Baumgartner Holding Ltd, arose out of the merger of our associate company INAPA Suisse Ltd with Baumgartner Papers Ltd in 2004, leading to the creation of a single legal entity. The closing of this agreement represents an investment of CHF 8.4 million ($7.2 million), which INAPA will be liquidating in 4 annual tranches, the first one being paid at closing in 2007, and three annual and equal installments payable in the period 2008-2010. INAPA Suisse Ltd. sold CHF 123.1 million ($105.2 million) in 2006, with an equity of CHF 25.8 million ($22.1 million). INAPA Suisse Ltd has close to 20% market share in Switzerland, and it represents the INAPA group’s third largest market in size. This acquisition demonstrates the strengthening of INAPA’s commitment to selected markets where the group already holds a leading position and benefits from competitive advantages, while, moreover, representing a further step towards the implementation of its INAPA 2010 strategic plan. Inapa –Investimentos, Participações e Gestão, S.A. is head of Inapa Group, one of the leading European paper merchants. Inapa Group, presented in 9 countries has a leading positions in Germany, France, Switzerland, Spain and Portugal. It is presented also in the UK, Italy, Belgium and Luxembourg. In 2005 the total turnover was Euro 1.1 billion and the sales volume reached 1 108 458 tonnes.