Partial demerger of Oriola-KD Corporation's subsidiary Oriola Oy and
nominations in the Oriola-KD Gr
(Thomson Reuters ONE) - Oriola-KD Corporation Stock Exchange Release 9 December 2009 at 12.30pmIn the partial demerger of Oriola-KD Corporation's subsidiary OriolaOy which will be implemented on 1 January 2010, the Nordic HealthcareTrade business of Oriola Oy, including all related assets andliabilities will be transferred to Oriola-KD Healthcare Oy, a companyto be established. The Pharmaceutical Trade business and all otherassets and liabilities of Oriola Oy will remain in Oriola Oy.Oriola Oy and Oriola-KD Healthcare Oy are fully owned subsidiaries ofOriola-KD Corporation. The partial demerger will clarify the Groupstructure and enhance the opportunities to develop the PharmaceuticalWholesale and Healthcare Trade businesses in Finland.In connection with the partial demerger, the Vice President ofOriola-KD Group's Pharmaceutical Trade Finland and member ofOriola-KD Group's Management Team, Mr. Jukka Niemi will as of 1January 2010 be appointed to the position of Managing Director ofOriola Oy in addition to his current responsibilities. The VicePresident of Oriola-KD Group's Healthcare Trade and member ofOriola-KD Group's Management Team, Mr. Ilari Vaalavirta will as of 1January 2010 be appointed to the position of Managing Director ofOriola-KD Healthcare Oy in addition to his current responsibilities.Mr. Jukka Niemi and Mr. Ilari Vaalavirta will report to Oriola-KDCorporation's President and CEO, Eero Hautaniemi.Oriola-KD CorporationEero HautaniemiPresident and CEOKimmo VirtanenExecutive Vice President and CFOFurther information:Kimmo VirtanenExecutive Vice President and CFOtel. +358 (0)10 429 2069e-mail: kimmo.virtanen(at)oriola-kd.comPellervo HämäläinenVice President, Communications and Investor Relationstel. +358 (0)10 429 2497e-mail: pellervo.hamalainen(at)oriola-kd.comDistribution:NASDAQ OMX Helsinki Ltd.Principal mediaPublished by:Oriola-KD CorporationCorporate CommunicationsOrionintie 5FI-02200 Espoo, FinlandThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 09.12.2009 - 11:30 Uhr
Sprache: Deutsch
News-ID 9435
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London
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