Negotiations of Incap and Lankapaja concluded
(Thomson Reuters ONE) -
INCAP CORPORATION STOCK EXCHANGE RELEASE
8 February 2011 at 12:30 p.m.
NEGOTIATIONS OF INCAP AND LANKAPAJA CONCLUDED
The negotiations between Incap Corporation and Lankapaja Oy have been concluded
with no result, and the letter of intent regarding the sale of the sheet-metal
business of Incap's Helsinki plant has fallen through.
According to Sami Mykkänen, President and CEO of Incap, the termination of the
contract negotiations does not change the company's targets. Incap continues
developing the Helsinki plant to focus on the final assembly. The company's
strategic target is to increase the share of deliveries of complete product
packages to customers both in the energy efficiency and the well-being
technologies.
Incap is looking for a partner who meets its targets in sheet-metal
manufacturing. The partner should manage demanding sheet-metal manufacturing and
be able to operate effectively and competitively in demanding markets.
INCAP CORPORATION
Sami Mykkänen
President and CEO
For additional information, please contact:
Sami Mykkänen, President and CEO, tel. +358 40 559 9047
Eeva Vaajoensuu, Chief Financial Officer, tel. +358 40 763 6570
Hannele Pöllä, Director of Communications and Human Resources, tel.
+358 40 504 8296
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Principal media
www.incap.fi
INCAP IN BRIEF
Incap Corporation is an internationally operating contract manufacturer whose
comprehensive services cover the entire life-cycle of electromechanical products
from design and manufacture to maintenance services. Incap's customers include
leading equipment suppliers in energy efficiency and well-being technologies,
for which the company produces competitiveness as a strategic partner. Incap has
operations in Finland, Estonia and India. The Group's revenue in 2009 amounted
to EUR 70 million and the company currently employs approximately 770 people.
Incap's share is listed on the NASDAQ OMX Helsinki. Additional information:
www.incap.fi.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(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: Incap Oyj via Thomson Reuters ONE
[HUG#1486490]
Unternehmensinformation / Kurzprofil:
Datum: 08.02.2011 - 11:30 Uhr
Sprache: Deutsch
News-ID 51201
Anzahl Zeichen: 2855
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Negotiations of Incap and Lankapaja concluded"
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