Mohawk Finalizes Acquisition of Bravo Solutions

Aug. 16, 2011 (Press Release) - Mohawk Fine Papers Inc. announced today that it finalized the acquisition of Bravo Solutions, Inc. of Elmira, New York.

Bravo is a leading supplier of specialty synthetic and paper substrates for digital printing. The acquisition includes all brands and certain assets, including manufacturing capacity for converted products, which will remain in Elmira.

Bravo substrates are designed and engineered for both dry toner presses as well as HP Indigo presses. Mohawk plans to fully integrate the Bravo portfolio, including pressure sensitive, synthetic substrates, integrated products, embedded card sheets and magnetic materials, into the existing Mohawk digital product offering creating the most extensive portfolio of digital substrates in the world.

According to Thomas D. O’Connor, Jr., Mohawk’s chairman and CEO, “This acquisition is a strategic opportunity for Mohawk and its customers. We are committed to expanding our offerings to the growing digital print market. These premium substrates represent high value, high volume opportunities for printers, merchants and their customers and we expect Bravo sales and customer service to transition smoothly to Mohawk starting today.”

SOURCE: Mohawk Fine Papers Inc.