CPH wants to separate Perlen Papier from the Group
News General news
The parent company of Perlen Papier, the CPH Group, intends to focus on its chemicals and packaging business and its growth potential in global niche markets.
The company has announced its intention to separate its paper business, which focuses on press papers, from its chemicals and packaging activities. Two independent companies are to be created: CPH Group AG, which is listed on the stock exchange, and Perlen Industrieholding AG, which is traded over the counter.
In an ad hoc announcement, the CPH Group emphasises the existing last-man-standing strategy of Perlen Industrieholding AG in the paper market, which is to be consistently implemented. In the 2023 financial year, the paper segment, which has one paper mill with two paper machines, generated sales of Sfr 262 million and EBITDA of Sfr 37 million.
The plan to split the Group is to be voted on at an Extraordinary General Meeting on 20 June 2024.
