CPH Chemie + Papier Holding AG acquired the remaining 8 % shareholding in Jiangsu Zeochem Technology Co. Ltd., Lianyungang, China on 18 September 2023 and now holds 100 % of the company’s shares. The purchase price amounted to CHF 2.4 million. CHF 1.4 million of this was derecognized in shareholders’ equity under minorities, and the remaining CHF 1.0 million was offset as goodwill against retained earnings.