Ahlstrom completes the sale of its shares in Jujo Thermal to Nippon Paper Industries
Ahlstrom Corporation STOCK EXCHANGE RELEASE December 30, 2013 at 15.30
Ahlstrom, a global high performance fiber-based materials company, has today
completed the sale of its shares in Jujo Thermal Ltd to Nippon Paper Industries
Co., Ltd.
Under the agreement, Ahlstrom sold its shares in Jujo Thermal to Nippon Paper
Industries for a purchase price of EUR 2.75 million. The transaction was
announced on December 23, 2013.
Jujo Thermal Ltd, a company manufacturing thermal paper in Kauttua, was
established in 1992 by Ahlstrom Corporation, Nippon Paper Industries Co., Ltd
and Mitsui & Co., Ltd. Ahlstrom continues to produce crepe papers in Kauttua,
employing approximately 20 people.
For more information, please contact:
Juho Erkheikki
Manager, Financial Communications & Investor Relations
Tel. +358 10Â 888 4731
Ahlstrom in brief
Ahlstrom is a high performance fiber-based 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, diagnostics, wallcoverings, flooring and food packaging. We have a
leading market position in the businesses in which we operate. In 2012,
Ahlstrom's net sales from the continuing operations (excluding Label and
Processing business) amounted to EUR 1 billion. Our 3,800 employees serve
customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX
Helsinki. More information available at www.ahlstrom.com.
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Source: Ahlstrom Oyj via GlobeNewswire
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