Corporate News:
18.11.2024
Kastanienbaum, November 18, 2024 – Green Logic Europe GmbH (\"GLE\"), a Swiss-based investor focused on sustainable tree investments, has announced the completion of a majority share acquisition in Green Logic Switzerland AG (\"GLS\"). GLE invests and supports companies in the decarbonization sector across Europe and engages in direct investments in tree plantations, forestry projects, aiming to contribute to both timber harvesting and carbon reduction through its own portfolio of trees.
Green Logic Switzerland AG, a company specializing in tree investments, owns subsidiaries in Croatia with an own tree stand of approximately 35,000 Paulownia trees (Empress Tree) on around 80 hectares of land. The company works closely with BIOTECH, a center for biotechnological research and development in Croatia, through its 100% owned subsidiary Green Logic Systems in Croatia, which has been collaborating with Green Logic Switzerland for about five years, providing the necessary international scientific expertise and EU certifications for Paulownia tree cultivation.
Jörg Wagner, Transaction Manager of Green Logic Europe GmbH, commented: \"We are delighted to have acquired a majority stake in Green Logic Switzerland AG, enabling us to strengthen our position in the sustainable investments market and contribute to its future success.\"
Mario Saponaro, CEO and founder of Green Logic Switzerland AG, stated: \"Through our strategic approach over the past five years, we have established a strong reputation in the market for sustainable tree investments. We are excited to become part of a larger group and look forward to growing further together with Green Logic Europe GmbH.\"
About Green Logic Europe GmbH
Green Logic Europe GmbH invests and supports companies in the decarbonization sector across Europe, engaging in direct investments in tree plantations with the aim of contributing to timber harvesting as well as carbon reduction through its own portfolio of trees.
Paulownia Tree Product:
The Paulownia tree is one of the fastest-growing trees in the world; it possesses one of the highest carbon/CO2 binding capacities, making it a crucial factor in reducing the greenhouse gas CO2.
Contact:
Green Logic Europe GmbH
St. Niklausenstrasse 59
CH-6047 Kastaienbaum
www.green-logic.ch
backoffice@greenlogic-europe.com