Tikkurila concluded the sale of its subsidiaries in Ukraine and Belarus
Tikkurila OyjStock Exchange ReleaseJune 22, 2016 at 9:45 a.m. (CET+1) Tikkurila concluded the sale of its subsidiaries in Ukraine and Belarus Based on the decision to change its business model announced in May 2016, Tikkurila has concluded the divestment of its subsidiaries in Ukraine and Belarus on June 21, 2016. The companies were transferred to OÜ FarbaHouse, a company established by Tikkurila's local management. The new company will continue the distribution of Tikkurila's products in both countries. The combined revenue of the two companies to be sold was approximately EUR