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Ahlstrom's Brazilian wipes sale delayed



Published June 21, 2012
Related Searches: Spunlace South/Central America Legal / Regulatory Wipes

Ahlstrom, a global high performance materials company, estimates that the transfer of the Brazilian operation of its former wipes fabrics business, Home and Personal, to Suominen Corporation will take place in the third quarter of 2012.

Ahlstrom had previously anticipated that the transfer would take place in the second quarter of 2012. The transfer is subject to receiving all necessary Brazilian regulatory permits for the operations.

The Home and Personal business area excluding the Brazilian part of the operation was transferred on October 31, 2011 to Suominen Corporation.