Klabin S.A. agreed to acquire Embalplan Industria e Comercio de Embalagens S/A and Hevi Embalagens da Amazônia Ltda. for approximately BRL 190 million.

Klabin S.A. (BOVESPA:KLBN4) agreed to acquire Embalplan Industria e Comercio de Embalagens S/A and Hevi Embalagens da Amazônia Ltda. for approximately BRL 190 million on October 25, 2016. As of October 25, 2016, the acquisition of Hevi Embalagens was completed. The acquisition of Embalplan Industria e Comercio de Embalagens is subject to the approval of the Brazilian Antitrust Authority.