Procimmo merges two companies
Procimmo Invest has retroactively absorbed its sister company Procimmo Invest 2 as of June 30, 2022. Both companies were owned by the Procimmo Group at 100%.
The goal of the company Procimmo Invest 2 AG was to hold investments in real estate companies. "Due to a lack of suitable investment opportunities, it never started its activities," Procimmo Invest AG states. In contrast, Procimmo Invest AG held investment properties with a fair value of CHF 70 million as of June 30, 2022.
After the merger, the Board of Directors of Procimmo Invest AG will continue to consist of Terence Kast as Chairman and Besnik Bytyqi. (aw)
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