Ahlstrom Completes Divestment of Altenkirchen Site in Germany


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

Ahlstrom in brief

Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom's products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.

More from Software

All Topics

COVID-19 Response Suppliers COVID-19 Response:
Can Your Company Help Provide Critical Supplies?

We are using the power of our platform to aid in the mass shortage of critical supplies. If your company can help provide supplies, capabilities, or materials for products such as N-95 Masks and Tyvek SuitsPlease let us know.

COVID-19 Response Suppliers