Change in Vaahto Group Company Structure
VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 7.10.2008 9.00
CHANGE IN VAAHTO GROUP COMPANY STRUCTURE
Vaahto Group will carry out a merger of two subsidiaries of Vaahto Pulp & Paper Machinery business unit. The purpose of the action is to simplify the group structure and develop the operations of Vaahto Pulp & Paper Machinery business unit.
The Board of Directors of Vaahto Group has decided to start procedure to merge Vaahto Roll Service Oy to Vaahto Ltd without merger contribution. The merger will take place during the current fiscal period 1.9.2008 – 31.8.2009. Vaahto Ltd and Vaahto Roll Service Oy are both wholly owned subsidiaries of parent company Vaahto Group Plc Oyj.
Vaahto Pulp & Paper Machinery is part of Vaahto Group, which is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.
Lahti October 7, 2008
VAAHTO GROUP PLC OYJ
Antti Vaahto
CEO
Information:
Antti Vaahto
CEO
Vaahto Group Plc Oyj
Tel. +358 40 8232835