Vaahto Group Plc Oyj - Company Announcement

THE SALE OF VAAHTO GROUP’S SERVICE BUSINESS HAS BEEN COMPLETED

Helsinki, Finland, 2014-09-26 15:00 CEST (GLOBE NEWSWIRE) -- VAAHTO GROUP PLC
OYJ STOCK EXCHANGE RELEASE 26.9.2014 at 16.00 



THE SALE OF VAAHTO GROUP'S SERVICE BUSINESS HAS BEEN COMPLETED

Vaahto Group has made an announcement on 3 September 2014 of the sale of the
Service business of Vaahto Paper Technology Ltd to a company to be incorporated
by a group of investors represented by Antti Vaahto. 

The sale of the business has been completed on 26 September 2014. Vaahto Paper
Technology's 47 employees in Tampere will transfer to the new employer in the
sale of the business. 

Along with the changes in strategy Vaahto Group focuses on Process Technology
business. By the selling of the Service business, Vaahto Group is implementing
the new strategy outlined by the Board of Directors. The sale also improves
cash flow of the company for the fiscal year 2014. 



In Lahti on 26 September 2014

VAAHTO GROUP PLC OYJ

Board of Directors




         Additional information:
         Reijo Järvinen, Chairman of the Board of Directors, Vaahto Group Plc
Oyj, +358 400 715968 
         Topi Karppanen, CEO, Vaahto Group Plc Oyj, +358 40 5001957