Hiottu Oy has merged into Raute Corporation
Raute Corporation, Press release 8 January 2025 at 11.30 a.m. EET Hiottu Oy has merged into Raute Corporation Raute Corporation announced on 16 August 2024 that the company has decided to merge its wholly owned subsidiary Hiottu Oy into Raute Corporation. The background for the merger decision was to simplify the Group structure to increase business efficiency. As planned, Hiottu Oy has merged into Raute Corporation on 31 December 2024. FURTHER INFORMATION:Mr. Mika Saariaho, President and CEO, tel. +358 40 154 9393 DISTRIBUTION:Nasdaq Helsinki Ltd, main media, www.raute.