Munksjö Oyj: The European Commission decides to close proceedings against Munksjö


Helsinki, Finland, 2014-10-29 06:45 CET (GLOBE NEWSWIRE) --
MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 29 October 2014 at 6.45 am CET

Munksjö Oyj: The European Commission decides to close proceedings against Munksjö

The European Commission has decided to close the proceedings against Munksjö Oyj, Munksjö AB and Ahlstrom Corporation. The decision is taken following consideration of responses made by the companies to the Statement of Objections, presentations at the Oral Hearing and, in particular, the information provided in response to the Commission’s request for information dated 26 May 2014.

Munksjö Oyj, Munksjö AB and Ahlstrom Corporation received on 25 February 2014, a Statement of Objections from the European Commission (Article 14 (1)(a) of Regulation No 139/2004) with respect to alleged incorrect or misleading information provided in connection with the merger notification to the European Commission, submitted in 2012. The business combination of Munksjö AB and Ahlstrom’s Label and Processing business was completed in two phases during 2013.

Munksjö Oyj

 

For more information, please contact:
Gustav Adlercreutz, Senior Vice President and General Counsel, tel. +358 10 234 5001

 


Munksjö – Materials for innovative product design

The Munksjö Group is an international specialty paper company with a unique product offering for a large number of industrial applications and consumer-driven products. Founded in 1862, Munksjö is among the leading producers in the world of high-value added papers within attractive market segments such as Decor paper, Release Liners, Electrotechnical paper, Abrasive backings and Interleaving paper for steel. Given Munksjö’s global presence and way of integrating with its customers’ operations, the company forms a global service organisation with approximately 2,900 employees. Production facilities are located in France, Sweden, Germany, Italy, Spain, Brazil and China. Munksjö Oyj is listed on NASDAQ OMX Helsinki. Read more at www.munksjo.com.