Dynea completes the sale of its Irish operations and Mold activities

Helsinki, Finland (December 19, 2013) – Dynea Chemicals Oy has completed the sale of shareas of Dynea Ireland Limited and the activities of the Dynea Mold site to Synthite Limited and TS Resins Limited, subsidiaries of Tennants Consolidated Limited.

Dynea Ireland and their activities of Dynea Mold will continue to manufacture resins for various end markets.  Dynea Mold will also continue to toll manufacturers resins for other Dynea entities.

The sale of the Irish and Mold operations is in line with Dynea’s strategic goal to return value to it’s shareholders.

Millington Advisory Partners acted as financial advisor to Dynea and Bond Dickinson acted as Dynea’s legal advisor in relation to the transaction.

For more information please contact:

Hans Pettersson, President and CEO, Dynea
Telephone +358 10 585 2064, email: hans.pettersson@dynea.com