Wärtsilä Corporation, Rautaruukki Corporation and AB SKF signed in July 2006 an agreement to sell the operating companies owned by Oy Ovako Ab to a company owned by the shareholders of Hombergh Holdings BV, WP de Pundert Ventures BV and Pampus Industrie Beteiligungen GmbH & Co. KG. The relevant regulatory approvals have now been received and the transaction is expected to close in November 2006.
Wärtsilä Corporation
Eeva Kainulainen Maj-Len Ek
VP, Corporate Communication VP, Group Control