On 5 February 2025, Perlen Packaging AG acquired 100 % of the shares of LOG Plastic Products Company Limited, a company domiciled in Ashdot Ya’acov Ichud, Israel, with a subsidiary named Log Plasticon Zrt. domiciled in Tököl, Hungary. The company primarily produces packaging solutions with high barrier properties against oxygen and water vapor for the safe storage of liquid and solid pharmaceuticals in the pharmaceutical and medical industries. The table below shows the market value of the assets and liabilities acquired at the time of purchase:

The CHF 4.4 million difference between the acquired net assets of CHF 15.7 million and the acquisition cost of CHF 20.1 million was taken to shareholders’ equity in the form of goodwill. After deduction of also-acquired cash and cash equivalents of CHF 0.9 million, the resulting net cash flow for the acquisition of subsidiaries amounted to CHF 19.2 million. The consolidated income statement for the reporting year includes net sales from acquired subsidiaries of CHF 22.7 million. Net sales for the reporting year up to the date of acquisition amounted to CHF 1.8 million.

On 15 July 2025, Zeochem AG acquired all material assets of SiliCycle, a company domiciled in Quebec, Canada, including 100 % of the shares in SiliCycle SAS, Paris, France, and 55 % of the shares in SiliCycle Associate Hong Kong Ltd, Hong Kong, China, which in turn holds 100 % of the shares in SiliCycle (Shanghai) Science and Technology Development Co. Ltd., Shanghai, China. With the acquisition of the assets of SiliCycle, Zeochem is expanding its product portfolio in the area of derivatized chromatography gels. The table below shows the market value of the assets and liabilities acquired at the time of purchase:

The CHF 0.2 million difference between the acquired net assets of CHF 14.2 million and the acquisition cost of CHF 14.4 million was taken to shareholders’ equity in the form of goodwill. After deduction of also-acquired cash and cash equivalents of CHF 0.6 million, the resulting net cash flow for the acquisition of subsidiaries amounted to CHF 13.8 million. The consolidated income statement for the reporting year includes net sales from acquired subsidiaries of CHF 3.9 million. Net sales for the reporting year up to the date of acquisition amounted to CHF 6.9 million.

Zeochem AG acquired 100 % of the shares of Sorbchem India Private Limited, a company domiciled in Vadodara (India) into which had been assimilated the activities of the former Sorbead India and Swambe Chemicals, on 29 April 2024. Sorbchem India sells and distributes molecular sieves and packaging materials and manufactures chromatography gels for use in the packaging and the pharmaceutical sectors. The table below shows the market value of the assets and liabilities acquired at the time of purchase:

The CHF 19.9 million difference between the acquired net assets of CHF 13.3 million and the acquisition cost of CHF 33.2 million was taken to shareholders’ equity in the form of goodwill. After deduction of also-acquired cash and cash equivalents of CHF 0.2 million and a not-yet-paid purchase price liability of CHF 0.2 million, the resulting net cash flow for the acquisition of subsidiaries amounted to CHF 32.8 million. The consolidated income statement for the reporting year includes net sales from acquired subsidiaries of CHF 6.2 million from the previous year. Net sales for the previous year up to the date of acquisition amounted to CHF 3.5 million.