Rautaruukki has sold its colour-coating line in Gävle, Sweden to the Swedish company Trelleborg Rubore AB. The colour-coating line in Gävle makes colour-coated special products primarily for the automotive industry. The 35 persons employed on the line will transfer to the service of the buyer on completion of the transaction.
The transaction will have a positive impact of around EUR 2 million on earnings, which Ruukki will recognise during the fourth quarter of this year.
The transaction is part of the company's structural change and is in line with Ruukki's strategy to divest units not forming part of its core business. The transaction was completed on 11 November 2008.
top of page
read times
All external sites will open in a new browser.