Nordic Aluminium Plc has agreed to sell the Nivala factory


Nordic Aluminium Plc has agreed to sell its Nivala factory and related business and assets to Hollmén & Co Oy. The trade will be finalized during the last quarter of 2012. Completion of the trade is still subject to the fulfillment of certain financial terms of the buyer´s side. 

 

The trade will have a positive impact on the cash flow and an extraordinary negative, approximately 2.0 million euro, impact on the operating profit for the last quarter of 2012. The trade has no significant impact on the company. The trade will be paid in cash, the purchase price is not public.

 

Kirkkonummi November 23, 2012

 

NORDIC ALUMINIUM PLC

 

Joakim Berndtsson

CEO

For further information please contact:

CEO Joakim Berndtsson, tel. +358 20 7660 206

 

Distribution:

OMX NASDAQ Helsinki

The Main Media

www.nordicaluminium.fi

 

NOAE2212


Attachments

NOAE2212.pdf