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ANNOUNCEMENT 29.8.2008: Sammet Asennus Oy share capital sold to Sahala Service Group Oy

The full share capital of Sammet Asennus Oy (a subsidiary of Sammet Dampers Oy) has been sold to a Finnish company Sahala Service Group Oy, according to the sales contract signed between the companies on August 29th 2008.

Sammet Dampers Oy will continue with the present ownership and will focus on developing and delivering Sammet Industrial Dampers even more efficiently. At present, the company's direct export has exceeded 50% of turnover and the market is truly global with more than 60 different export countries and markets. Our future emphasis will be on developing the core business of industrial dampers even further, and better serving the needs of our damper customers.

On behalf of Sammet Asennus Oy, we wish to sincerely thank all our valued customers and partners that we have had the priviledge to work with during the past 24 years. We also trust that this good co-operation will continue with the new owners of Sammet Asennus.