Solidus acquires Heathpak Limited, a provider of fibre-based packaging solutions in Wales, UK

Oude Pekela, February 02, 2021 – Today, Solidus announces the acquisition of Heathpak Ltd, based in
Newport, Wales. The acquisition, which was signed and completed on February 1st 2021, signifies
a strategic investment to further expand Solidus’ operations and broaden the product
portfolio.

Solidus acquired Heathpak from its two owners, Mr. Alan Heath and Mr. Lyndon
Whitlock. Mr. Whitlock is joining the Solidus Group will continue leading Heathpak, with John
Curran, Managing Director for the UK, assuming overall responsibility of Solidus’ operations in
the UK.

This strategic acquisition enables Solidus to broaden its product portfolio and further optimize
service levels to existing and new customers through shorter lead times as well as improved
innovation capabilities.