January 18, 2006
09:00 CET
Rautaruukki has completed the acquisition of PPTH
Rautaruukki Oyj Stock Exchange Release 18 Jan 2006 at 10.00Rautaruukki Corporation has today completed the acquisition of PPTHSteelmanagement Oy from funds managed by private equity investor CapMan and fromthe company's management. PPTH will be consolidated in Rautaruukki's reportingfrom January 1, 2006.PPTH is the leading Nordic constructor with steel. The acquisition willsignificantly increase Ruukki's knowhow in construction design and projectmanagement, creating a knowledge-based platform for Ruukki's growth inconstruction solution business also in the CEE countries.PPTH will use the Ruukki marketing name and logo.Further information:Mikko Hietanen, CFO, tel. +358 20 592 9030Saku Sipola, President, Ruukki Construction, tel. +358 20 592 8979Rautaruukki CorporationTaina KyllönenVP, Corporate CommunicationsRuukki supplies metal-based components, systems and turnkey deliveries to theconstruction and mechanical engineering industries. The company has a wideselection of metal products and services. Ruukki has operations in 23 countriesand employs 12,000 people. Net sales in 2004 totalled EUR 3.6 billion. Thecompany's share is quoted on the Helsinki Exchanges (Rautaruukki Corporation:RTRKS).DISTRIBUTIONHelsinki ExchangesPrincipal Mediawww.ruukki.com