Graphic Packaging Agrees to Sell Handschy Business to Sun Chemical

MARIETTA, Ga., May 22 /PRNewswire-FirstCall/ -- Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company (NYSE: GPK), announced today that it has entered into an agreement to divest certain assets and liabilities of the Handschy inks, coatings and varnishes business to Sun Chemical. The parties plan to close on the transaction at an undetermined date.

About Graphic Packaging Holding Company.

Graphic Packaging Holding Company (NYSE: GPK), headquartered in Marietta, Georgia, is a leading provider of paperboard packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The company is the largest producer of folding cartons and holds a leading market position in coated-recycled boxboard and specialty bag packaging. The company's customers include some of the most widely recognized companies in the world. Additional information about Graphic Packaging, its business and its products is available on the company's web site at www.graphicpkg.com.

SOURCE Graphic Packaging Holding Company

Released May 22, 2009