Ahlstrom to complete the transfer of Brazilian wipes business in the third quarter 2012
Ahlstrom Corporation STOCK EXCHANGE RELEASE June 21, 2012 at 14.10
Ahlstrom, a global high performance materials company, estimates that the
transfer of the Brazilian operation of its former wipes fabrics business, Home
and Personal, to Suominen Corporation will take place in the third quarter of
2012.
Ahlstrom had previously anticipated that the transfer would have taken place in
the second quarter of 2012. The transfer is subject to receiving all necessary
Brazilian regulatory permits for the operations.
The Home and Personal business area excluding the Brazilian part of the
operation was transferred on October 31, 2011 to Suominen Corporation. Receiving
an approval from the competition authorities in Brazil is not a prerequisite for
completing the transaction.
For more information, please contact:
Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance materials company, partnering with leading
businesses around the world to help them stay ahead. Our products are used in a
large variety of everyday applications, such as filters, medical gowns and
drapes, wallcoverings, flooring, labels and food packaging. We have a leading
market position in the businesses in which we operate. Our 5,200 employees serve
customers in 28 countries on six continents. In 2011, Ahlstrom's net sales
amounted to EUR 1.6 billion. The company's share is quoted on the NASDAQ OMX
Helsinki. More information is available at www.ahlstrom.com.
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Source: Ahlstrom Oyj via Thomson Reuters ONE
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