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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Adveo Group International SA announces reorganization of its subsidiaries

Friday, 29 Nov 2013 06:04am EST 

Adveo Group International SA:Says on Nov. 28 it approved a reorganization process of its wholly owned subsidiaries: Adveo Administracion y Servicios SL and Adveo Digital Systems SA.Says it has agreed on the partial split of Adveo Administracion y Servicios SL via the transfer of its subsidiary, Spicers Espana SA, and Spicers' subsequent absorption by Adveo Espana SA.Says it has approved the total split of Adveo Digital Systems SA via its dissolution and division of its assets in two parts to be transferred to Adveo Group International SA and Adveo Espana SA.Says these operations aim at simplification and rationalization of economic activity of Adveo Group, concentrating the entire distribution business in Spain in a single legal and organizational structure (Adveo Espana SA). 

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27 Feb 2015