The postponement is due to the process integrations, between the business transferred and the buyer, taking longer than expected. Purpose of the postponement is to ensure an efficient transfer process prior to the closing of the sale of the business.
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. Closing of the sale of the business has been postponed from 16 September 2014 to 26 September 2014.
Closing of the sale of Vaahto Group's Service business postponed to 26 September
Sep 17, 2014. /Lesprom Network/. 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. Closing of the sale of the
business has been postponed from 16 September 2014 to 26 September 2014, as the
company said in the press release received by Lesprom Network.