Nordstjernan AB (“Nordstjernan”) and Rosti A/S (“Rosti”) have agreed that Nordstjernan shall, through its wholly-owned subsidiary Stella Plastic Holding AB (“Stella”), acquire 100 percent of the shares in Rosti Technical Plastics Holding A/S (“RTP”).
The new merged Stella/RTP group, headquartered in Copenhagen, Denmark, will be named Rosti with Börje Vernet, presently CEO of Stella, as CEO. The merged company will have a turnover of over 150 MEUR and around 1800 employees.
Friday, December 4, 2009
APM - Nordstjernan acquires part of Rosti
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