GS1 Sweden AB and its wholly owned subsidiary Validoo AB, which provide services in standards and digital information, have elected to join in a merger. Validoo and GS1 Sweden will continue to exist as brands following the merger.
The Board for GS1 Sweden and its wholly owned subsidiary Validoo AB decided to undertake the merger on May 22, 2018. The merger means that the standardisation organisation GS1 Sweden AB will absorb the wholly owned subsidiary Validoo AB, which provides information services based on GS1 standards.
GS1 and Validoo continue as two brands
The new constellation will operate under the GS1 Sweden organisational number, but the core activities of global standards and information and validation services will continue to be conducted under two brands: GS1 Sweden and Validoo.
Our business idea is to streamline business-to-business trade through a common business language that is also used globally. By clarifying the customer offering with a portfolio that includes both standards and services, we hope to do an even better job for our customers as their digital partner
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Christina Wergens, CEO of GS1 Sweden
Simpler customer offer
One purpose of the merger between GS1 Sweden and Validoo is to create clarity for the companies’ customers, who will find it easier to adopt the joint product offering. With the change in the structure of the company, a better use of resources is also possible. An administrative difference for Validoo’s customers is that the invoice sender will change from Validoo to GS1 Sweden, which will take over all rights and obligations of the subsidiary as a result of the merger.
Unchanged ownership structure
GS1 Sweden AB will remain not-for-profit and will continue to be owned in equal parts by the industry associations SVDH and DLF with Christina Wergens as CEO of the merged business. Common functions in the group will be included in the transition, thus maintaining GS1 Sweden’s competence and service level.
A merger plan has been drawn up and the merger is expected to be fully completed in the third quarter of 2018.
We answer your questions
Below we have listed a number of issues related to the organisational change. If you have any other questions about the merger, please contact our Customer Service.
Questions and answers in connection with a merger
Why is the merger taking place?
The merger is being carried out to clarify our common service offering but also to achieve better resource utilisation and future cost savings.