Rawlplug S.A. merger with a subsidiary Koelner Polska sp.z o.o.

Rawlplug S.A. merger with a subsidiary Koelner Polska sp.z o.o.
Koelner Polska, a distributor of metal products and construction materials, is to merge with its shareholder – Rawlplug.

Many organizational and financial benefits are seen in the decision to merge the two companies. Consolidation will simplify the organizational structure, which will naturally reduce administration, speed up decision-making processes and reduce operating costs.

As a result of the merger, one organization will be created that can strengthen its position on the market and thus increase the efficiency of operation.

The resolution on the merger of the companies is to be adopted on October 30, 2020.

Source: https://www.money.pl/gielda/komunikaty/6558850341185153.html

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