French HAMELIN has acquired 51% of the capital of Danish BANTEX-ELBA (files, hang files, folders, etc. turnover EUR 120 million in 1999), an investment which will later increase to 100%. Thanks to this acquisition, the HAMELIN turnover will increase from EUR 335 million this year to over 500 milliion, 50% to be made outside France. Those employed will increase to 3,000.