Planned changes in the structure of Grigeo AB group of companies ...Middle East

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Planned changes in the structure of Grigeo AB group of companies
On 27th November 2023 the Board of Grigeo AB (hereinafter – the Company), to ensure more efficient management and development of the businesses of Grigeo AB group of companies (hereinafter – the Group), adopted a decision on changing the structure of the Group. The structural changes are planned to divide the Group’s activities more clearly into business segments, separating and forming the hygiene paper segment next to the existing packaging and wood fibre board segments. The Company plans to transfer its current tissue paper business, as a complex of assets, rights and liabilities, to its newly established and 100 percent owned subsidiary, and combining its management with the managemen

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