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Cavotec SA ( (SE:CCC) ) has provided an announcement.
Cavotec SA has announced the successful completion of an offer by its Swedish subsidiary, Cavotec Group AB (CGAB), to acquire all shares in Cavotec SA, effectively shifting the company’s domicile from Switzerland to Sweden. This strategic move will see CGAB become the new parent company of the Cavotec group, with the upcoming second quarter report for 2025 being the last issued by Cavotec SA before the transition. The third quarter report will be the first issued by CGAB, marking a significant change in the company’s operational structure.
More about Cavotec SA
Cavotec is a leading cleantech company that designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial applications. With 50 years of experience, Cavotec ensures safe, efficient, and sustainable operations for a wide variety of customers and applications worldwide.
Average Trading Volume: 23,613
Current Market Cap: SEK1.78B
For detailed information about CCC stock, go to TipRanks’ Stock Analysis page.