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.