Engineering company Cavotec has received approval for the merger between Cavotec SA and Cavotec Switzerland SA, completing the company’s relocation of its domicile from Switzerland to Sweden.
According to a press release, the remaining shareholders of Cavotec SA will receive one ordinary share in Cavotec Group per share held, with delivery scheduled for October 15, 2025. The merger will increase the number of shares in Cavotec Group by approximately 3.4 million, corresponding to a dilution of about 3.2 percent.