The board of Doro AB (publ.) has in its strategic review, in line with the earlier decision to separate the business in two business areas, instructed management to prepare a separation and stock exchange listing of business area Doro Care.
” A listing of Doro Care is a natural next step in our strategy. The Boards is convinced that the business areas will develop more favorably on their own and create a better foundation for them to reach their full potential”, says Lennart Jacobsen, Chairman of the Board for Doro.
“Technology enabled care is a market with great opportunities and interesting prospects. Business area Doro Care has grown large enough to stand on its own. I am convinced that a separation will create the best conditions for us to fulfill our strategy of becoming a European market leader in technology enabled care. For Doro Phones, which is the market leader in senior mobile phones, a separation creates better opportunities for the business to further strengthen its market position”, says Carl-Johan Zetterberg Boudrie, president and CEO for Doro.
Preparation for a separate listing of business area Doro Care will be initiated with the aim to propose a stock exchange listing to a shareholders meeting during the year. There are no guarantees that a decision of an actual listing of business area Doro Care will be made.
This information was distributed by MFN https://www.mfn.se/