Jul 21, 2008. /Lesprom.com/. Cardo has acquired the Finnish company Kajaani Process Measurements Oy, which is one of Finland’s leading manufacturers of sophisticated measuring instruments for the pulp and paper industry, Cardo reported. The information is not deemed to be stock price sensitive information. Kajaani Process Measurements Oy (KPM) has approximately ten employees and sales of approximately SEK 20 million ($3.4 million). KPM, which was founded in 2001, runs an operation in Kajaani in northern Finland. The company develops, manufactures and sells sophisticated measuring instruments for pulp and paper. Through the acquisition, Cardo’s division Pulp & Paper Solutions is strengthening its position in this field. The acquisition will be realized at an enterprise value of approximately SEK 36 million ($6 million). The acquisition is expected to have a marginally positive effect on Cardo’s earnings during 2008.