Camares and Model Holding merge

The General Meetings of the investment company Camares and the packaging company Model Holding in Weinfelden have approved the merger of the two companies.

 The General Meetings of the investment company Camares and the packaging company Model Holding in Weinfelden have approved the merger of the two companies. Camares, which was renamed Model Holding at the same time, is thus taking over all the assets and liabilities of Model Holding. This merger was preceded by a public tender offer by the parent company Camares, which led to the purchase of 125 bearer shares in Model Holding.  
Calvin Grieder, CEO of the Bühler Group in Uzwil, has been elected to the Board of Directors of Model Holding as Martin Model's successor. The Group Executive Board is now made up of: Daniel Model, Delegate of the Board of Directors, Walo Hinterberger, CEO Central & South East Regions, Elisabeth Model, CEO West Region, and Georg Wechsler, CFO.
 
The Model Group supplies packaging solutions made of solid and corrugated cardboard. The group consists of 20 subsidiaries in seven countries. The main markets include Switzerland, Germany, Austria, France, the Czech Republic, Poland, Slovakia and Croatia. The company headquarters are located in Weinfelden/TG.

More articles on the topic