completes transformation into a Societas Europaea (SE)

The company has converted its legal form into a European Company (Societas Europaea, SE).

The new legal form was entered in the commercial register on 31.08.2016, the company will operate under the name SE in the future.

" is now active in 10 European countries. With the legal form conversion into the SE, we are underlining our clear international orientation," says Alexander Brand, founder and co-CEO of SE.

The legal form of the SE is the only supranational legal form based on European law that is available to a listed company domiciled in Germany. the SE will continue unchanged with a dualistic system consisting of the Executive Board and the Supervisory Board. The rights of shareholders will also not be affected by the conversion. The company headquarters will remain in Munich.