Ahlstrom Completes Sale of Altenkirchen in Germany
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Ahlstrom, Helsinki, Finland, reports that it has completed the divestment of Ahlstrom Altenkirchen GmbH in Germany to Pennsylvania, USA-based Interface Solutions. Ahlstrom last month had announced the sale of the Altenkirchen site to Interface Solutions, a portfolio company of family owned private equity fund Susquehanna Capital. The value of the transaction is approximately EUR 6.5 million. Ahlstrom will book a non-recurring gain of approximately EUR 5 million from the sale in its fourth-quarter 2010 financial result.
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