Ahlstrom to complete the transfer of Brazilian wipes business
March 30 2012 Ahlstrom Corporation estimates that the transfer of the Brazilian operation of its former wipes fabrics business will take place in the second quarter of 2012.
Ahlstrom had previously anticipated that the transfer would have taken place in the first quarter of 2012. The transfer is subject to the acquiror receiving all necessary Brazilian regulatory permits for its operations.Ahlstrom's Home and Personal business area excluding the Brazilian part of the operation was transferred on October 31 last yea to Suominen Corporation.