Oji Holdings Corporation entered into definitive agreement to acquire IPI s.r.l. from Coesia S.p.A.

Oji Holdings Corporation specializes in production and marketing of papers. Net sales break down by activity as follows: - household and industrial products (40.2%): corrugated cardboard, cardboard packaging, packaging papers, sanitary papers, disposable diapers, paper bags, etc.; - graphic papers (14%): newsprint, printing and writing paper, fine paper, carbonless paper, etc.; - lumber and pulp (18.1%). The group is also engaged in electricity generation activity; - functional paper (10.6%): speciality paper, thermal paper, self-adhesive paper, film paper, etc.; - other (17.1%). Japan accounts for 66.5% of net sales.