Glaston Oyj Abp
Glaston closes the sale of pre-processing machines business
Glaston Oyj Abp 01.07.2015 09:45 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Helsinki, Finland, 2015-07-01 09:45 CEST (GLOBE NEWSWIRE) -- Glaston Corporation Stock Exchange release 1 July 2015 at 10.45 Glaston closes the sale of pre-processing machines business Glaston Corporation has closed the sale of 100% of the shares of Glaston Italy S.p.A to the local management of Glaston Italy S.p.A. as announced in a stock exchange release on 22 May 2015. Glaston acquired the Italian company Z. Bavelloni Immobiliare S.p.A. in 2003. The assessments of the impact of the sale remain unchanged and the final impact of the sale will be defined in Glaston Corporation's Interim Report for January-June 2015, to be published on 6 August 2015. Pre-processing machines have been reported as part of the Machines segment. In the January-June interim report pre-processing machines will be classified as Discontinued Operations. The sale does not change Glaston's guidance for 2015. For further information, please contact: Arto Metsänen, CEO and President, Glaston Corporation, Tel. +358 10 500 500 Sasu Koivumäki, CFO, Glaston Corporation, Tel. +358 10 500 6412 GLASTON CORPORATION Agneta Selroos Director, Communications and Marketing Tel. +358 10 500 6105 Glaston Corporation Glaston is a leading company in glass processing technologies. We provide high-quality heat treatment machines and services for architectural, solar, appliance and automotive applications. We are committed to our customers' success over the entire lifecycle of our offering. Moreover, we continuously innovate and develop technologies to enable the glass processing industry to reach ever higher standards in quality and safety. Glaston's shares (GLA1V) are listed on the NASDAQ OMX Helsinki Ltd. in Finland. For more information, please visit: www.glaston.net Distribution: NASDAQ OMX, key media, www.glaston.net News Source: NASDAQ OMX 01.07.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Glaston Oyj Abp Finland Phone: Fax: E-mail: Internet: ISIN: FI0009010219 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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