Ahlstrom´s ownership in Jujo Thermal to increase to 50%
Ahlstrom Corporation PRESS RELEASE April 2, 2012 at 14.00
Ahlstrom, a high performance materials company, announces that its ownership in
associated company Jujo Thermal Ltd. will increase to 50% from the current
41.7%.
Jujo Thermal has decided to redeem the shares of its minority shareholder Mitsui
& Co. Ltd. As a result, Jujo Thermal´s remaining shareholders Nippon Paper Group
and Ahlstrom Corporation each own 50% of the company. Ahlstrom will continue to
include Jujo Thermal´s financial figures in its consolidated financial
statements as an associated company.
Jujo Thermal is one of the world´s leading suppliers of durable direct thermal
papers for label, tickets and tags and point-of-sales use. The company is based
in Kauttua, Finland.
For more information, please contact:
Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance 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, wallcovers, flooring,
labels and food packaging. We have a leading market position in the businesses
in which we operate. Our 5,200 employees serve customers in 28 countries on six
continents. In 2011, Ahlstrom´s net sales amounted to EUR 1.6 billion. The
company´s share is quoted on the NASDAQ OMX Helsinki. More information is
available at www.ahlstrom.com.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahlstrom Oyj via Thomson Reuters ONE
[HUG#1599357]
FI0009010391