25 januari, 2007
13:20 CET
Rautaruukki received approval from competition authorities for purchase of Omeo Mekaniska Verkstad
Rautaruukki Oyj Stock Exchange Release 25 Jan. 2007 at 14:20
Rautaruukki Corporation has received the approval of the competition authorities
for the purchase of AB Omeo Mekaniska Verkstad. The transaction will be closed on
31 January 2007.
Omeo Mekaniska Verkstad's core business is welding and assembling booms used in
materials handling equipment.
"This transaction will support implementation of our growth strategy and
strengthen Ruukki's market position by adding to our frame and boom solutions for
customers in the lifting, handling and transportation equipment segment," says
Markku Koljonen, President, Ruukki Engineering.
Further information is available from:
Mr Markku Koljonen, President, Ruukki Engineering, tel. +358 20 592 9105
Rautaruukki Corporation
Taina Kyllönen
VP, Corporate Communications
Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and mechanical engineering industries. The company has a wide
selection of metal products and services. Rautaruukki has operations in 23
countries and employs 13,000 people. Net sales in 2005 totalled EUR 3.7 billion.
The company's share is quoted on the Helsinki Exchanges (Rautaruukki Oyj: RTRKS).
The Corporation has used the marketing name Ruukki since 2004.
DISTRIBUTION
Helsinki Exchanges
Principal Media
www.ruukki.com