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Ahlstrom’s Brazilian wipes sale delayed

September 27, 2012

Companies hope to finalize deal as soon as possible.

The transfer of Ahlstrom’s Brazilian’s wipes operation has been postponed once again. Although the company aniticpated that the transfer, which had been delayed already, would take place in the third quarter, not all of the necessary permits have been issued by Brazilian authorities. Now, both companies are looking into opportunities to move the business to Suominen through alternative solutions as soon as possible. Ahlstrom’s wipes business outside of Brazil, including sites in North America and Europe, was transferred to Suominen in October 2011.