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Pressemitteilung BoxID: 337860 (Arbonia Management AG)
  • Arbonia Management AG
  • Amriswilerstrasse 50
  • 9320 Arbon
  • http://www.arbonia.com/de
  • Ansprechpartner
  • Fabienne Rohner
  • +41 (71) 44745-54

AFG Arbonia-Forster-Holding AG's Annual General Meeting decides to introduce single class of share

(PresseBox) (Arbon, ) The Annual General Meeting of AFG Arbonia-Forster-Holding AG has approved all of the Board of Directors' proposals by a clear majority.

In particular, it voted by a large majority to abolish the previous distinction between registered and bearer shares, and introduced a single class of share. The AGM also overwhelmingly approved the introduction of a 5% voting right restriction and abolished the previous optingout clause. In addition, the AGM voted to create conditional and authorized capital in order to increase the company's financial flexibility. Finally, the AGM elected finance professional Georg Früh as a new member of the Board of Directors.

Arbonia Management AG

AFG Arbonia-Forster-Holding AG, based in Arbon, Switzerland, is a leading integrated construction industry supplier and technology group. The company is listed on the SIX Swiss Exchange and operates through five Divisions: Heating Technology and Sanitary Equipment, Kitchens and Refrigeration, Windows and Doors, Steel Technology and Surface Technology. Its production sites are in Switzerland, Germany, France, the USA, the Czech Republic, the UK and Slovakia. AFG has about 50 production and distribution companies around the world, as well as several representative offices and partners. It is active in more than 70 countries in total. Its brands - Kermi, Arbonia, Prolux, ASCO Swiss, Aqualux, Forster Küchen, Forster Kühlen, Miele Kitchens, Warendorf, Piatti, EgoKiefer, RWD Schlatter, Slovaktual, Forster Präzisionsstahlrohre, Forster Profilsysteme, STI | Hartchrom and Asta - are at the heart of its business. With these brands, AFG Arbonia-Forster-Holding AG has built up leading positions in its home markets of Switzerland and Germany. It is also engaged in intensive efforts to develop new markets in Eastern Europe, Russia, and the Middle and Far East, though always with a close eye on the general economic situation. A separate Asia Pacific regional branch was set up in 2008. AFG's focus is on segments that reward outstanding innovation and responsiveness with robust margins and exceptional longterm growth potential.