European Commission clearance for Ruukki and CapMan's agreement to create Fortaco, Europe's leading manufacturing partner for the engineering industry
(Thomson Reuters ONE) -
Rautaruukki Corporation Stock exchange release 11 December 2012 at 1.30pm EET
Rautaruukki Corporation (Ruukki) and funds managed by CapMan (CapMan) agreed in
October to combine units of Komas and units of Ruukki Engineering division to
form a new company, Fortaco. The agreement has now received European Commission
clearance and is expected to be finalised this year. Fortaco will be Europe's
largest actor in its field.
Earlier stock exchange release:
17 October 2012 Ruukki and CapMan create Fortaco, Europe's leading manufacturing
partner for the engineering industry - Ruukki focuses on construction and
special steels business
Additional information:
Sakari Tamminen, President & CEO, Rautaruukki Corporation, tel. +358 20 592 9075
Marko Somerma, CSO, Rautaruukki Corporation, tel. +358 20 592 9137
Rautaruukki Corporation
Taina Kyllönen
SVP, Marketing and Communications
Ruukki provides its customers with energy-efficient steel solutions for better
living, working and moving. Ruukki operates in some 30 countries and employs
around 11,800 people. Net sales in 2011 totalled EUR 2.8 billion. The company's
share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS).
DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Rautaruukki Oyj via Thomson Reuters ONE
[HUG#1664027]
Unternehmensinformation / Kurzprofil:
Datum: 11.12.2012 - 12:32 Uhr
Sprache: Deutsch
News-ID 211649
Anzahl Zeichen: 1984
contact information:
Town:
Helsinki
Kategorie:
Business News
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"European Commission clearance for Ruukki and CapMan's agreement to create Fortaco, Europe's leading manufacturing partner for the engineering industry"
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