Airopack Technology Group successfully closes the acquisition of Resilux's 50% stake in Airolux joint venture

- Full control of Airolux allows ATG to unlock growth potential of Airopack technology

Baar, 13th May 2016 - Airopack Technology Group AG ("ATG") is pleased to announce it has closed today the acquisition of the 50% stake in the Airolux AG joint venture ("Airolux") previously owned by Resilux. The acquisition allows ATG to fully utilise ATG's Airopack technology and unlock its growth potential, reduce manufacturing cost, enhance time to market and improve the organizational footprint.

Sole ownership of Airolux satisfies a key condition for the strategic partnership entered with funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, "Apollo"), and allows ATG to progress in the next phase of its strategic partnership with Apollo, as previously announced in December 2015.

ATG paid a cash consideration of EUR25 million to acquire Resilux's 50% stake in Airolux, funded with debt financing provided by funds managed by affiliates of Apollo (the "Apollo Funds"). ATG will also repay Resilux's outstanding shareholder loans and financial debts to Airolux of around EUR37 million.

ATG has commenced preparations for a general meeting of its shareholders, to be held on 23rd June 2016, in respect of the requisite approvals for the equity investment from the Apollo Funds and the share capital increase. The agenda for this meeting will be communicated in due course. Further announcements will be made if and when appropriate.

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Investors:	Media:
Airopack Technology Group AG	Hill + Knowlton Strategies
Quint Kelders, CEO / Frans van der Vorst, CFO	Frans van der Grint
Zugerstrasse 76b	T: +31 (0) 20 404 4707 / M: + 31 (0) 6 29044053
CH-6340 Baar	E-Mail: frans.vandergrint@hkstrategies.com
TF: +31 416 300 800
E-Mail: quint.kelders@airopackgroup.com
frans.vandervorst@airopackgroup.com
www.airopackgroup.com

Airopack Technology Group AG is a leading provider of innovative mechanical and pressure-controlled dispensing packaging technologies and systems. Its customers include worldwide manufacturers and suppliers of cosmetics, body care, pharmaceutical and food products.

The revolutionary and worldwide patented Airopack(R) technology offers a safe, all-plastic pressurized dispenser that is environmentally and planet friendly. With deliveries to the world's leading consumer brands, Airopack Technology Group reached a key milestone in 2015 with respect to commercial market entry when its technology was embraced by one of the world's leading consumer brands.

Airopack Technology Group, listed at the SIX Swiss exchange, is based in Waalwijk, The Netherlands, home to its Global Management, Research & Development and Customer Service functions. In addition, it runs a Full Service Filling operation in Heist-op-den-Berg, Belgium, and a Ready to Fill manufacturing facility in Glarus Nord, Switzerland. Airopack Technology Group plans to start and operate two new Airopack Ready to Fill Manufacturing sites; one in North America and another one in the Netherlands, in the course of 2016.

The shares of the company are listed on the Swiss Reporting Standard of the SIX Swiss Exchange since 2010. (Ticker: AIRN / ISIN: CH0242606942).

www.airopackgroup.com