Componenta - Company Announcement

Divestment of Suomivalimo completed

Componenta Corporation Stock Exchange Release 30 June 2016 at 16.00

Componenta Corporation announced on 22 April 2016 that the company has signed a
Letter of Intent regarding a divestment of Suomivalimo, located in Iisalmi with
Antti Lehtonen, Olli Karhunen and the management on behalf of new company to be
established. The Letter of Intent covers Suomivalimo’s foundry business. 

The transaction has been completed on 30 June 2016.

Suomivalimo casts large components especially for the Nordic machine building
industry. Sizes of the components vary from 250 kg to 8 tons. The annual
production capacity is 12,000 tons. The foundry employs 90 people and they will
continue as existing employees of Suomivalimo. 

Suomivalimo divestment supports Componenta’s strategy to concentrate on green
sand technology in foundry business. The divestment will not have a material
impact on Componenta Group’s result or financial position. 



Helsinki, 30 June 2016



COMPONENTA CORPORATION



Harri Suutari

President and CEO





For further information, please contact:



Harri Suutari

President and CEO

tel. +358 400 384 937



Markku Honkasalo

CFO

tel. +358 10 403 2710



Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 495 million in 2015 and its share is listed on
Nasdaq Helsinki. The Group employs approx. 4,250 people. Componenta specializes
in supplying cast and machined components and total solutions made of them to
its global customers, who are manufacturers of vehicles, machines and
equipment.