Elco Papier is sold

Following an audit of Elco Papier's accounts, the company became part of Seetal Schaller. The acquisition was finalized by mutual agreement on October 3.

Following a review of Elco Papier's accounts, the company became part of Seetal Schaller. The takeover was completed definitively and by mutual agreement on October 3. With this transaction, Elco is now also part of Baumgartner Holding. The holding company's reported cash and cash equivalents increased by CHF 5 million.

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