Sep 27, 2013. /Lesprom Network/. Russian investment company AFK Sistema to acquire Investlesprom from VTB Bank for 15 billion roubles ($465 million), said Andrei Kostin, head of VTB Bank, during investment forum in Sochi (Russia)."We are in several weeks from signing legal documents", he added.Investlesprom owns biggest Russian paper sacks producer Segezhskiy paper mill (Segezha, Karelia), Sokolsky paper mill (Sokol, Vologda region), wooden houses producer Sokolskiy DOK (Sokol, Vologda region), particle board producer Karelia DSP (Karelia), Viatsliy plywood mill (Kirov region), lumber producers Segezhskiy LDK (Segezha, Karelia) and Onezhskiy LDK (Onega, Arkhangelsk region), logging companies in Karelia, Arkhangelsk and Vologda region. The company employs approximately 10,000 people.
The deal should be closed in a several weeks.
