01.23.23
Abena AB and Finess Hygiene, both subsidiaries of Abena Holding, the parent company of the Abena Group, will merge into one company named Abena AB.
The merger is a natural extension of the long-term collaboration between the two companies. In October 2022, Abena AB made a record-high investment of more than SEK 25 million in a new converting machine for washcloths at the Finess factory in Kisa, Sweden. The investment was made to make the factory more competitive for the future, while also enabling better ergonomic conditions for the production staff.
Fredric Moe, the chief executive officer of Abena AB, will continue leadership of the combined entities as CEO.
“ABENA Sweden and Finess Hygiene have many similarities and differences that now unite, giving us many positive effects in terms of strengthened collaborations and possibilities in the joint work ahead of us. More resources, colleagues, and a bigger community that will be working together towards the same goals,” Moe says. "The fact that we are now merging into one company, based on mutual corporate values with a focus on growth, sustainability, and strengths, gives us really good conditions to succeed in the future as well."
The merger is a natural extension of the long-term collaboration between the two companies. In October 2022, Abena AB made a record-high investment of more than SEK 25 million in a new converting machine for washcloths at the Finess factory in Kisa, Sweden. The investment was made to make the factory more competitive for the future, while also enabling better ergonomic conditions for the production staff.
Fredric Moe, the chief executive officer of Abena AB, will continue leadership of the combined entities as CEO.
“ABENA Sweden and Finess Hygiene have many similarities and differences that now unite, giving us many positive effects in terms of strengthened collaborations and possibilities in the joint work ahead of us. More resources, colleagues, and a bigger community that will be working together towards the same goals,” Moe says. "The fact that we are now merging into one company, based on mutual corporate values with a focus on growth, sustainability, and strengths, gives us really good conditions to succeed in the future as well."