Notes to the consolidated financial statements
Notes to the consolidated financial statements
Introductory information
Company information
Following the spin-off of its former Paper Division effective 25 June 2024, CPH Group AG remains active in two industrial sectors. The company develops, manufactures and distributes chemical products and packaging solutions for pharmaceutical customers. Headquartered in Switzerland, the company maintains production facilities at twelve locations in nine countries in Europe, Asia and North and South America. With its innovative products, CPH Group AG offers its customers clear added value.
The consolidated financial statements presented contain the financial values indicated not only for the remaining Chemistry and Packaging Divisions but also for the spun-off Paper Division up until its spin-off on 25 June 2024. See also Note 34, Spin-off of the Paper Division.
The shares of CPH Group AG are listed on the SIX Swiss Exchange.
Scope of consolidation
The scope of consolidation extends to the following controlled companies, which are all fully consolidated (changes from the prior year are explained below):
1 held directly by CPH Group AG
2 until 18 September 2023: 92 % of CNY 90 million; see Note 32
3 acquired on 29 April 2024; see Note 33
4 BRL 124 million capital increase effective 9 December 2024
5 spin-off of Paper Division effective 25 June 2024; see Note 34
6 founded with a share capital of CHF 0.3 million on 20 March 2024
7 founded on 6 September 2023
8 renamed from former CPH Chemie + Papier Holding AG on 25 June 2024
9 CHF 0.3 million capital reduction from previous CHF 1.2 million through spin-off of Paper Division effective 25 June 2024; see Note 34