Vaahto Group Plc Oyj - Company Announcement

THE SALE OF VAAHTO GROUP’S PROJECT BUSINESS TO BELLMER GMBH HAS BEEN COMPLETED

Helsinki, Finland, 2013-04-15 17:27 CEST (GLOBE NEWSWIRE) -- VAAHTO GROUP PLC
OYJ STOCK EXCHANGE BULLETIN 15.4.2013 at 18:15 

THE SALE OF VAAHTO GROUP'S PROJECT BUSINESS TO BELLMER GMBH HAS BEEN COMPLETED

The arrangement announced by Vaahto Group on 16 January 2013 and 27 March 2013
regarding the sale of Vaahto Paper Technology group's projects business and the
spare part and small projects businesses belonging to its services business
(the "Business") to Gebr. Bellmer GmbH Maschinenfabrik of Germany ("Bellmer")
has been completed on 15 April 2013. In connection with the transfer of the
Business, personnel relating to the Business, 56 employees in Hollola and its
16 employees in Tampere will transfer to Bellmer. 

Vaahto Group and Bellmer have in this connection also signed a co-operation
agreement that has been entered into between the projects business and Vaahto
Paper Technology's service business. The Vaahto Service business unit produces
technological solutions for maintenance services in the paper, board and pulp
industries. 

Lahti 15 April 2013

VAAHTO GROUP PLC OYJ

Board of Directors



Information:
Reijo Järvinen, Chairman of the Board, Vaahto Group Plc Oyj +358 400 715968
Ari Viinikkala, CEO, Vaahto Group Plc Oyj +358 400 127664


         Information:
         Reijo Järvinen, Chairman of the Board, Vaahto Group Plc Oyj +358 400
715968 
         Ari Viinikkala, CEO, Vaahto Group Plc Oyj +358 400 127664