Vaahto subsidiary changes name to Vaahto Paper Technology to reflect its business of delivering services and technology solutions to paper and paperboard industry; newly named subsidiary will still include Vaahto Projects and Vaahto Service

LAHTI, Finland , December 19, 2013 (press release) – Vaahto Ltd., a subsidiary of Vaahto Group, has changed its name as Vaahto Paper Technology Ltd. Better than the old one, the new name will describe the business of the company, which delivers services and technology solutions for paper and board industry. Vaahto Projects and Vaahto Service –units will still belong to the division. Vaahto Projects designs and manufactures production lines, machines and equipment as well as their components to the paper, pulp and board industry. Vaahto Service produces technology solutions for maintenance and spare parts services of paper, board and pulp industry.

Vaahto Paper Technology Ltd. is located in Hollola and in Tampere, and it employs approximately 160 persons.

Vaahto Group is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.

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