May 24, 2010 at 10.00 am (CET+1)
Kemira Oyj and a Swedish company Coor Service Management AB have May 21st, 2010 signed a contract, according to which Kemira sells its IPOS service company to Coor. IPOS (Industry Park of Sweden AB) provides its customers maintenance, technical and other services in the Industry Park in Helsingborg. The IPOS legal entity and a staff of about 130 persons are planned to be transferred to Coor per July 1, 2010.
The transaction does not have any significant impact on Kemira’s financial figures, and the parties have agreed not to disclose the transaction price.
Kemira produces in Helsingborg water treatment chemicals as well as pulp and bleaching chemicals. Kemira will keep in its ownership some of the services and assets like energy production, harbour and EHSQ services and procurement of the key raw materials.
Coor Service Management a leading Nordic service company employing around 4.000 persons. The revenue of the company is EUR 600 million.
Kemira Kemi AB
Lennart Albertsson, Managing Director
Tel + 46 (0)42-17 10 00
Coor Service Management Sverige
Staffan Ebenfelt, Managing Director
Tel. + 46 (0)8 -553 95 995
Kemira is a global two billion euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers’ energy, water, and raw material efficiency. Kemira’s vision is to be a leading water chemistry company.