TITLE

Ahlstrom to sell its wipes roll goods business - will become Suominen's biggest shareholder

PUB. DATE
August 2011
SOURCE
Nonwovens Markets;8/10/2011, Vol. 26 Issue 15, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Ahlstrom Corp. is planning to sell its Home and Personal wipes business for 170 million euros to Suominen Corp. and Ahlstrom will use that money to purchase shares in Suominen. It mentions that the assets acquired by Suominen includes several nonwoven plants in Brazil, Spain and South Carolina. It mentions that after purchasing the shares of Suominen, Ahlstrom will be one of the biggest shareholder of the company.
ACCESSION #
64918701

 

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