CapMan, Komas and Ruukki Create Fortaco

Funds managed by CapMan and Rautaruukki Corporation (Ruukki) have agreed to combine units of Komas and Ruukki's Engineering division to form a new company through an asset deal. The new company is called Fortaco and is a Europe-based system and component manufacturer for the mechanical engineering industry. CapMan invested in Komas in 2007 and owns 82 percent of the company's shares.

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