HELSINKI, Finland – Paulig is contemplating a cross-border merger whereby Paulig’s Danish holding companies Paulig Coffee A/S and Saffron Holding A/S will be merged into Paulig Ltd. The Danish holding companies do not carry out any operational business and they do not have any employees.
The planned registration date for the cross-border merger is 2 October 2023.
Here is the Notice sent to shareholders, creditors, and employees in accordance with the Finnish Limited Liability Companies Act:
“The boards of directors of Paulig Ab (company registration no. 0112563-0), Paulig Coffee A/S (CVR no. 26 45 66 06) and Saffron Holding A/S (CVR no. 26 45 64 95) have on 28 March 2023 approved and signed a merger plan concerning a vertical cross-border subsidiary merger of the companies.
In the merger, the subsidiaries of Paulig Ab, Paulig Coffee A/S and Saffron Holding A/S, will merge into Paulig Ab so that the assets and liabilities of Paulig Coffee A/S and Saffron Holding A/S will transfer to Paulig Ab, and Paulig Coffee A/S and Saffron Holding A/S will dissolve without going into liquidation as described in the merger plan.
In connection with the merger, Paulig Coffee A/S shareholders, creditors and employees may provide comments on the merger plan to the company in writing in accordance with Section 279 of the Danish Companies Act and Chapter 16, Section 22 a, of the Finnish Limited Liability Companies Act (624/2006, as amended). Any such comments must be delivered by email to sarah.tahkala@paulig.com by 15 September 2023 at the latest.
The merger plan, the declaration by valuation expert on the creditors’ position as well as this notice have been made publicly available in the IT systems of the Danish Business Authority by submission of the documents to the Danish Business Authority on 5 April 2023.”
