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Zooplus wants to become a European public limited company

Dr Cornelius Patt, CEO of Zooplus AG, emphasises the international orientation of the company.

The management board and supervisory board of Zooplus have decided to prepare for the transformation of the company into a European company ("Societas Europaea"; in short: SE) under the name Zooplus SE.

"The current dual management system of the company, consisting of the management board as the management body and the supervisory board as the supervisory entity, is to continue under the new legal form of the SE," Zooplus announced. The responsibilities and composition of the management board and supervisory board are also to remain unaffected by the new structure, as is the company's registered office in Munich.

"By converting to an SE, we are underlining the international orientation and management of our business. At the same time, we are strengthening our position as an attractive pan-European employer and progressive technology group. We thus join the ranks of many other internationally successful listed companies," said Dr Cornelius Patt, CEO of Zooplus AG.

The conversion of the company into the legal form of an SE requires, among other things, the approval of the Zooplus annual general meeting, which is currently planned for the second half of 2021. According to the current status, an employee involvement procedure is also expected to be initiated before the end of July 2021.

|13 July 2021 | 10:45


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