VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 27.8.2010 at 14.30
VAAHTO GROUP
SOLD REAL ESTATES
Vaahto Ltd and Japrotek Oy Ab, both subsidiaries of Vaahto
Group, have signed
agreements to sell factory and office buildings in Tampere
and in Pietarsaari
to Sponda Fund II Ky managed by Sponda Plc. The companies
continue their
operations as leaseholders in the above mentioned properties.
The real estate transaction has a positive effect of EUR 4.5 million to
profit
before taxes in Vaahto Group.
Advium Corporate Finance Ltd has
acted as Vaahto Group's adviser in the
arrangement.
Lahti, August 27,
2010
VAAHTO GROUP PLC OYJ
Anssi Klinga
For more information, please
contact:
Anssi Klinga
CEO, Vaahto Group Plc Oyj
Tel.: +358 50 466
1470
Vaahto Group is a globally operating high technology company serving
process
industry in the fields of pulp and paper machinery and process
machinery.
|