July 7, 2020 / 9:04 AM / a month ago

BRIEF-Scandinavian Chemotech Introduces A Separate Legal Entity For Its Animal Care Business

July 7 (Reuters) - Scandinavian ChemoTech AB:

* SCANDINAVIAN CHEMOTECH INTRODUCES A SEPARATE LEGAL ENTITY FOR ITS ANIMAL CARE BUSINESS

* SCANDINAVIAN CHEMOTECH AB - TO CREATE A FULLY OWNED SUBSIDIARY FOR ITS ANIMAL CARE BUSINESS.

* SCANDINAVIAN CHEMOTECH AB - NEW ENTITY WILL BE A SUBSIDIARY FULLY OWNED BY SCANDINAVIAN CHEMOTECH AB.

* SCANDINAVIAN CHEMOTECH AB - INTENTION OF CREATING A NEW ENTITY, IS TO ENABLE DIVERSIFIED STRATEGIES FOR ANIMAL- AND HUMAN CARE BUSINESSES RESPECTIVELY, WHILE MAINTAINING SYNERGIES IN TECHNOLOGY AND OVERHEAD ADMINISTRATION. Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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