Pergo and HW Receive Approval

Trelleborg, Sweden, Mar. 7--Pergo AB and the main shareholder of Witex AG, HW Industries GmbH & Co. KG, signed a binding agreement concerning a merger between Pergo and Witex late last year. The agreement states that Pergo will acquire all shares in Witex owned by HW Industries. The merger between Pergo and Witex is, among other things, conditional upon approval from anti-trust authorities in Germany and Sweden. The German anti-trust authority approved the merger on February 20. An approval from the Swedish anti-trust authority has now also been received.