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Lassila & Tikanoja Completes Partial Demerger

MT Newswires·12/31/2025 08:40:31
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08:40 AM EST, 12/31/2025 (MT Newswires) -- Lassila & Tikanoja (LAT1V.HE) on Wednesday completed its partial demerger by transferring its circular economy business to the entity named Lassila & Tikanoja plc, according to a same-day release. Nasdaq Helsinki approved the listing application for the new Lassila & Tikanoja on its official list, with trading expected to commence on Friday. The name of the demerged company was changed to Luotea plc, which will also continue to trade on the Nasdaq Helsinki. Pursuant to the demerger, Luotea shareholders will receive 1 new share in the new Lassila & Tikanoja for each share in Luotea.