Closing of the sale of Vaahto Group’s Project Business to Bellmer GmbH postponed
VAAHTO GROUP PLC OYJ STOCK EXCHANGE BULLETIN 27.3.213 at 09.10 pm
CLOSING OF THE SALE OF VAAHTO GROUP’S PROJECT BUSINESS TO BELLMER GMBH POSTPONED
The arrangement announced by Vaahto Group Plc Oyj on 16 January 2013 regarding the sale of Vaahto Paper Technology group’s Projects business and the spare part and small projects businesses belonging to its Services business (the “Business”) to Gebr. Bellmer GmbH Maschinenfabrik of Germany (“Bellmer”) has been postponed from 27 March 2013 to 15 April 2013. The reason for the postponement is related to the IT process integration between the Business and Bellmer taking longer than expected. The purpose of this postponement is to ensure an efficient transfer process prior to the closing of the sale of the Business.
Lahti 27 March 2013
VAAHTO GROUP PLC OYJ
Board of Directors
Information:
Reijo Järvinen, Chairman of the Board, Vaahto Group Plc Oyj +358 400 715968
Ari Viinikkala, CEO, Vaahto Group Plc Oyj +358 400 127664