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.

Machinery

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.

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.