CPH: Approval of the separation of the Perlen Papier paper business
News General news
At the Extraordinary General Meeting in Perlen, the shareholders of CPH Chemie + Papier Holding AG (CPH) approved the proposed separation of the paper business from the chemicals and packaging activities in March 2024 with 98.2% in favour.
The other items on the agenda were also approved by the shareholders. A total of 132 shareholders were present, representing 78.2% of the voting rights.
CPH will thus become two focussed companies that will be able to successfully implement their respective strategies in future: The globally active growth company under the new name of CPH Group AG, with its chemicals (Zeochem) and packaging (Perlen Packaging) divisions, and Perlen Industrieholding AG, in which the paper business (Perlen Papier AG) and the real estate on the industrial site in Perlen, including the paper mill, are bundled.
