The transaction was signed on August 4, 2011, and the total value of the transaction is approximately EUR 170 million. Following the transaction, Ahlstrom becomes the largest shareholder in Suominen with a 27.1% stake. Ahlstrom has committed not to decrease its ownership in Suominen below 20% for a maximum of two years.
In line with Ahlstrom's strategy, the divestment will steer the company towards a more focused business and product portfolio.
The competition authorities in Spain, Germany and USA have approved the transaction. The approval from the competition authorities in Brazil is expected to be received in the first quarter of 2012 and is not a prerequisite for completing the transaction.