Tuesday, July 17, 2012

OpenGate Sells 10% of Finish Mill to Powerflute

OpenGate Capital LLC Sells a Share of Kotkamills Oy to Powerflute Oyj:
OpenGate Capital, a private investment and acquisition company, and the owner of Kotkamills Oy, announced today that it has sold a minority share (10%) of Kotkamills Oy to Powerflute Oyj. Powerflute is a forest products industry company operating a paper mill in Finland.