Company / History / Investment in Suominen
Investment in Suominen
In 2014, Ahlström Capital became the largest shareholder in Suominen, a global market leader in nonwovens for wipes, with a 27.3% holding.
In connection with Suominen’s purchase of Ahlstrom Corporation’s Paulínia plant in Brazil in early 2014, Ahlström Capital committed to purchase any convertible hybrid capital notes received by Ahlstrom Corporation in the transaction. As compensation for the commitment, Ahlström Capital received an option to acquire Ahlstrom Corporation’s shareholding in Suominen. In 2014, Suominen’s revenue was 402 meur.
In 2018, Suominen’s revenue was 431.1 meur. Suominen is still one of the Ahlström Capital’s portfolio companies.