Monday, 03 January 2011 11:00

Ahlstrom completes divestment of Altenkirchen site in Germany

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Ahlstrom, a global leader in nonwovens and specialty papers, announces that it has completed the divestment of Ahlstrom Altenkirchen GmbH in Germany to Interface Solutions.

Ahlstrom announced earlier this month the sale of the Altenkirchen site to Interface Solutions, a portfolio company of Pennsylvania-based family owned private equity fund Susquehanna Capital. The value of the transaction is approximately EUR 6.5 million. Ahlstrom will book a non-recurring gain of approximately EUR 5 million from the sale in its fourth-quarter 2010 financial result.

For further information, please contact
Seppo Parvi
CFO+358 10 888 4768

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