Suominen Has Completed The Divestment Of Its Wet Wipes Business
As stated in the previous announcement, Suominen will recognize due to the divestment, in accordance with the IFRS 5 standard, a loss of MEUR 16.8 in the second quarter result of 2013 of its discontinued operations.
The divestment further strengthens Suominen's strategic focus on nonwovens and clarifies its position in wipes value chain.
Posted July 16, 2013
Source: Suominen Corp.