Franz Haniel & Cie GmbH reviews strategic options for ELG Haniel GmbH

Franz Haniel & Cie GmbH reviews strategic options for ELG Haniel GmbH

17.03.2020

Franz Haniel & Cie. GmbH (Haniel) is a family-owned investment holding company. Our aim is to create value for generations - with sustainable business models that enable a future worth living. To achieve this, we focus on three core areas: People, Planet and Progress.

As part of our strategic realignment, Haniel wants to create a modern, entrepreneurial culture and giving our portfolio components a reliable framework for further development through a new, joint management approach - the Haniel Operating Way

It corresponds to the central core business of Haniel to examine and evaluate its own company portfolio on the basis of the realignment and to adapt it to current market conditions. In this context, Haniel has launched a project together with the management of ELG Haniel GmbH (ELG) to analyse the strategic options for ELG. As part of this analysis, we are also examining possible sales scenarios.

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