(UPM, Helsinki, 22 December 2015 at 18:00 EET) - UPM has sold its 10.6% SMARTRAC share to OEP Technologie Holding B.V.
UPM became an indirect shareholder of SMARTRAC when selling its RFID business to SMARTRAC in 2012.
For further information please contact:Timo Kekki, Vice President, Strategy and Business Control, UPM Raflatac tel +358 2041 50211
UPM, Media Relations tel. +358 40 588 3284 Mon-Fri 9:00-16:00 EETmedia@upm.com
UPMThrough the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 20,000 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com