Ahlstrom-Munksjö Oyj: Change in the holding of Spa Holdings 3 Oy

AHLSTROM-MUNKSJÖ OYJ STOCK EXCHANGE RELEASE February 10, 2021 at 18:10 EET

Ahlstrom-Munksjö Oyj has today received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Bain Capital Investors, LLC, the ultimate controlling entity of Spa Holdings 3 Oy. According to the notification, the shareholding of Spa Holdings 3 Oy in Ahlstrom-Munksjö Oyj has exceeded the threshold of 90 percent on February 10, 2021, to 104,232,535 shares (from 80.58 percent to 90.12 percent). Ahlstrom-Munksjö Oyj’s registered total number of shares and voting rights of 115,653,315 has been used as the basis of calculation of percentages for the notification.

Spa (BC) Lux Holdco S.à r.l. owns 55 percent, Ahlstrom Invest B.V. approximately 36 percent and Viknum AB approximately 9 percent of the ordinary shares in Spa Lux Topco S.à r.l. The full chain of controlled undertakings between Bain Capital Investors, LLC and Spa Holdings 3 Oy is as follows:

  • Bain Capital Investors, LLC
  • Bain Capital Investors Europe V LLC
  • Bain Capital Investors Europe V SARL
  • Bain Capital Europe Fund V SCSp
  • SPA (BC) Lux Holdco SARL
  • Spa Lux Topco SARL
  • Spa Lux Midco SARL
  • Spa Holdings 1 Oy
  • Spa Holdings 2 Oy
  • Spa Holdings 3 Oy.

Additional information

Johan Lindh, Vice President, Group Communications and Investor Relations, +358 10 888 4994
Juho Erkheikki, Investor Relations Manager, +358 10 888 4731


Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable everyday life. Our offering includes filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials, diagnostics and energy storage solutions, as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 2.7 billion and we employ some 7,800 people. Read more at www.ahlstrom-munksjo.com