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Operational group structure
The Bucher Industries Group is organised into five divisions operating in five business segments: specialised agricultural machinery (Kuhn Group), municipal vehicles (Bucher Municipal), equipment for wine and fruit juice production (Bucher Process), hydraulic components (Bucher Hydraulics) and production equipment for the glass container industry (Emhart Glass). At Group level, a corporate center provides finance and controlling, group development, legal and communications functions to support the Group and its five divisions in their activities. The Group's operational structure is shown in the chart below. Detailed segment information is presented in the notes to the consolidated financial statements on page 75 of this annual report.
Group companies and scope of consolidation
Bucher Industries AG, which is based in Niederweningen, Switzerland, is the Group's holding company. Its registered shares are listed on SWX Swiss Exchange. The registerd shares are also listed on the over-the counter market of the following stock exchanges: Frankfurt, Stuttgart, Berlin, XETRA. The details are shown in the investor relations section on pages 26 and 27 of this annual report. The consolidation includes all group companies owned directly or indirectly by the holding company, as shown on pages 100 and 101 of this annual report. None of these group companies is listed on a stock exchange.
![]() Shareholders The registered shares are widely held by public shareholders. A group of shareholders organised under a shareholders' agreement and since February 2008 represented by Rudolf Hauser, Zürich, holds 34.14 % of the voting rights, as published in the Swiss Official Gazette of Commerce (SHAB) on 10 May 2005. The shareholders' agreement essentially governs unity in voting at general meetings of shareholders. Bucher Industries AG and Bucher Beteiligungs-Stiftung hold a total of 6.0 % of the issued share capital, the voting rights attached so such shares being suspended in accordance with article 659a per. 1 of the Swiss Code of Obligations. The board of Bucher Industries AG is not aware of any other shareholders, or groups of shareholders subject to voting agreements, who hold more than 3 % of the total voting rights.
There are no cross-shareholdings between Bucher Industries AG and other companies. |
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| Corporate governance 2007 (155 KB) |