LightAir’s merger of subsidiaries is completed.
LightAir Streamlines Group Structure Through Merger
LightAir has simplified its group structure by merging two subsidiaries. The aim of this change is to reduce administration, lower costs, and create a more efficient group structure for operational activities.
LightAir AB (publ) has streamlined its group structure to improve efficiency, reduce administration, and cut costs. Subsidiaries LightAir Holding AB and LightAir International AB have merged.
According to Lars Liljeholm, CEO of LightAir, “This structural change is a natural part of our efforts to create a more focused and cost-effective group. By consolidating our operational activities into fewer legal entities, we free up resources for our core business.”
LightAir Holding AB was merged into LightAir International AB, the group’s operational company. The Finnish branch continues to operate within the wholly-owned subsidiary LightAir Industrial AB.
The restructuring was designed in consultation with tax lawyers to ensure no tax loss carryforwards are lost. The measures taken do not affect the group’s operations.
Remaining companies:
- LightAir AB (publ) is the group’s public parent company.
- Operations are conducted in LightAir International AB.
- LightAir Industrial AB consists only of the branch and sales operations in Finland.
Group structure after the merger:
For further information, please contact:
Lars Liljeholm
CEO, LightAir AB (publ)
0708-28 61 96
lars.liljeholm@lightair.com
About LightAir
LightAir AB (publ) has a mission to improve health and well-being by offering the best solutions for industrial and commercial air purification. Our CellFlow technology and LightAir Connect help companies create a cleaner and safer working environment. The company’s share is listed on Nordic SME Sweden (Nordic Growth Market NGM AB) under the ticker symbol LAIR. Learn more at www.lightair.com.
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