Munksjö Oyj’s shareholders approved the demerger concerning Ahlstrom’s Label and Processing business in Brazil

Stock Exchange Release


Munksjö Oyj’s shareholders have today resolved to approve the partial demerger concerning Ahlstrom Group’s Label and Processing business in Brazil in accordance with the demerger plan.

The Board of Directors of Munksjö Oyj and Ahlstrom Corporation  have on 13 May, 2013 signed a new demerger plan, according to which all the assets and liabilities that belong to Ahlstrom Group’s Label and Processing business in Brazil (Coated Specialties) will be transferred to Munksjö Oyj through a partial demerger. The previous demerger plan concerning Coated Specialties has been cancelled due to the fact that the conditions for implementing the demerger will not be fulfilled prior to the expiration of the decision made by Ahlstrom’s Extraordinary General Meeting on 27 November, 2012.

Upon execution of the demerger concerning Coated Specialties, the shareholders of Ahlstrom Corporation will receive as demerger consideration 0.265 new shares in Munksjö Oyj for each share owned in Ahlstrom Corporation. The complete demerger plan is attached to this Stock Exchange Release and it contains information, among other things, on the demerger consideration to Ahlstrom Corporation’s shareholders, the planned time for execution of the demerger, the division of the demerging company’s assets and liabilities to the recipient company and the conditions for the execution of the demerger.
The demerger concerning Coated Specialties is expected to take place by the end of 2013.

Additional information on the demerger will be available in the prospectus to be published by Munksjö Oyj approximately one week before the Extraordinary General Meeting of Ahlstrom Corporation on 4 July, 2013, convened to resolve on the demerger.

Munksjö Oyj

For more information: 

Jan Åström, President and CEO, tel. +46 10 250 1001
Åsa Fredriksson, SVP HR and Communications, tel. +46 10 250 1003
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026 


This document may not be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

This document is not an offer for sale of securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Ahlstrom Corporation, Munksjö AB and Munksjö Oyj have not registered, and do not intend to register, any offering of the Munksjö shares in the United States. There will be no public offering of the Munksjö shares in the United States. 

This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order or (iv) persons who are members or creditors of the company to which this communication relates, falling within article 43(2) of the Order (all such persons in (i), (ii) (iii) and (iv) above together being referred to as “relevant persons”). Any investment activity to which this document relates will be only available to and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.


About Us

Ahlstrom-Munksjö in brief Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable every day life. Our offering includes filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials and solutions for diagnostics as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 3 billion and we employ some 8,000 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. Read more at