Coveris Appoints Markus Petersen as Chief Financial Officer

CHICAGO–(BUSINESS WIRE)–Coveris, (or “the Company”), a premier global packaging manufacturer, is
proud to announce that it has appointed Markus Petersen as Coveris Group
Chief Financial Officer. Petersen will be replacing Mike Alger, who will
transition to Chief Financial Officer for the Coveris Americas business
unit and continue to support its sales process.

Petersen holds a German Diploma in Finance and International Management,
as well as a PhD in Finance. His distinguished career began with the
private equity firm Capiton as a Senior Investment Manager. He later
served as the CFO for Schur Flexibles, a position he held for five years
until the company’s recent sale. Markus was most recently the CFO of
Aenova Group, a global leader in the pharmaceutical and healthcare
industries and a portfolio company of BC Partners.

Corporate functions at Coveris such as Accounting, Treasury & Investor
Relations, Tax and IT will now report to Petersen. Additionally, the
CFOs of the Company’s various business units will report jointly to
Markus and to their respective business unit leads.

ABOUT COVERIS™

As a leading international manufacturing company, Coveris is dedicated
to providing solutions that enhance the safety, quality and convenience
of products we use every day. In partnership with the most respected
brands in the world, Coveris develops vital products that protect
everything from the food we eat, to medical supplies, to the touch
screen device in our pockets, contributing to the lives of millions
every day.

Coveris is an affiliated portfolio company of Sun Capital Partners, Inc.

Contacts

Coveris
Duane Owens, 864-641-4710
Treasurer
[email protected]