Closing of the sale of Vaahto Group’s Service business postponed
VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 16.9.2014 at 17.00
CLOSING OF THE SALE OF VAAHTO GROUP’S SERVICE BUSINESS POSTPONED
Vaahto Group has made an announcement on 3 September 2014 of the sale of the Service business of Vaahto Paper Technology Ltd to a company to be incorporated by a group of investors represented by Antti Vaahto.
Closing of the sale of the business has been postponed from 16 September 2014 to 26 September 2014. The postponement is due to the process integrations, between the business transferred and the buyer, taking longer than expected. Purpose of the postponement is to ensure an efficient transfer process prior to the closing of the sale of the business.
In Lahti on 16 September 2014
VAAHTO GROUP PLC OYJ
Board of Directors
Reijo Järvinen, Chairman of the Board of Directors, Vaahto Group Plc Oyj, +358 400 715968
Topi Karppanen, CEO, Vaahto Group Plc Oyj, +358 40 5001957