Ahlstrom, a high performance materials company, announces that its ownership in associated company Jujo Thermal Ltd. will increase to 50% from the current 41.7%.
Jujo Thermal has decided to redeem the shares of its minority shareholder Mitsui & Co. Ltd. As a result, Jujo Thermal's remaining shareholders Nippon Paper Group and Ahlstrom Corporation each own 50% of the company. Ahlstrom will continue to include Jujo Thermal's financial figures in its consolidated financial statements as an associated company. Ahlstrom, a high performance materials company, announces that its ownership in associated company Jujo Thermal Ltd. will increase to 50% from the current 41.7%.
Jujo Thermal has #
Jujo Thermal is one of the world's leading suppliers of durable direct thermal papers for label, tickets and tags and point-of-sales use. The company is based in Kauttua, Finland.
Ahlstrom is a high performance materials company, partnering with leading businesses around the world to help them stay ahead. Our products are used in a large variety of everyday applications, such as filters, wallcovers, flooring, labels and food packaging.
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