The background to this decision is that in 2012 Pfleiderer successfully completed its financial reorganisation and strategic refocusing process. In this regard, trade in Pfleiderer AG’s shares was terminated. The new sole owner is the investment company Atlantik SA in Luxemburg.

The conversion of the legal form will result in a considerable simplification in structures and internal processes and therefore save time and money.

Due to the size of the company, that employs more than 2,000 people in Germany, the future Pfleiderer GmbH will remain a company subject to German employee co-determination law with a supervisory board made up of 12 members, half of which will be employee representatives.