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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Ahlstrom completes sale of Paulinia plant to Suominen

Monday, 10 Feb 2014 09:20am EST 

Ahlstrom Oyj:Completes sale of shares of Ahlstrom Fabricacao de Nao-Tecidos Ltda to Suominen Corporation.Says sold its wipes business, the Home and Personal business area, to Suominen in 2011, but the transfer of the Paulinia plant in Brazil was prolonged due to delays in certain required official permissions and subsequent renegotiations between Suominen and Ahlstrom.Says the enterprise value of the transaction was 17.5 million euros.