Nippon Paper, Ahlstrom Ownership in Jujo Thermal Increases to 50% Each
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Jujo Thermal, Kauttua, Finland, reports that it will redeem shares of its minority shareholder Mitsui & Co. As a result, Jujo Thermal's remaining shareholders, Nippon Paper Group of Japan and Ahlstrom Corp. of Finland, each will own 50% of the company. Ahlstrom will continue to include Jujo Thermal's financial figures in its consolidated financial statements as an associated company.
Jujo Thermal is a global supplier of durable direct thermal papers for label, tickets, and tags and point-of-sales use.
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