Acquisition

API Group PLC
23 September 2005



23 September 2005



                                  API GROUP PLC

                      API ACQUIRES GERMAN FOIL DISTRIBUTOR


API Group plc, the specialist packaging group, announced today that it has
signed an agreement to acquire the entire share capital of MEPA-S GmbH, a
leading distributor of foil products in Germany, for cash consideration of €1.5
million.


Based near Nuremburg, MEPA is a long-established and well regarded distributor,
selling both API and competitors products.  The acquisition is in line with
API's strategy of strengthening the Group's position as a supplier of
reflective-surfaced packaging materials for premium branded goods in its key
markets - the US, Europe and Far East.


Commenting on the acquisition, API Chief Executive David Walton said:


'API has enjoyed a long, successful and mutually profitable trading relationship
with MEPA. This acquisition results from our strategy of securing channels to
market for our foils business. In addition to providing us with opportunities to
sell more of our products, it will enable us to compete more effectively with
other major manufacturers in the large and strategically important German and
Central European markets.'


                                      ENDS



For further information, contact:


David Walton, Chief Executive, API Group plc                      020 7653 3300

Tim Spratt/Caroline Wells, Financial Dynamics                     020 7831 3113




                      This information is provided by RNS
            The company news service from the London Stock Exchange