ORIOR welcomes new shareholders
Leading Swiss food group ORIOR AG, which specializes in fresh convenience foods and meat refinement, has today announced a significant change in its shareholders. EGS Beteiligungen AG, the investment company run by the Ernst Göhner Foundation and focusing on manufacturing and service companies, has acquired 10.5% of ORIOR’s shares. Another 4.2% is now held by investors and investment funds associated with the value-focused AMG Analysen und Anlagen AG. The seller is Capvis, which now owns less than 3% of ORIOR’s shares.
Rolf U. Sutter, Chairman of the Board of Directors made the following comment: “We are pleased to welcome EGS Beteiligungen AG and AMG as new investors; they are both well respected and known for taking a long-term view. This change creates a solid foundation from which to push on with ORIOR’s development as an independent food group and a publicly traded company with a diverse group of shareholders. We owe special thanks to Capvis. They have been very supportive since the management buyout in 2006. They have always been a very professional and reliable partner for us. The support of Capvis has enabled us to continue developing ORIOR as a major Swiss food group with a leading market position, and thus write a great chapter in the company’s history.”