Posts Tagged ‘Jonas af Jochnick’

Approval of Oriflame Merger Set for Sept. 30


The Board of Directors of Oriflame Holding AG has set a meeting on September 30 for approval of the merger with Walnut Mergeco AG, a Swiss entity 100 percent owned by Walnut Bidco Plc. Following the delisting of Oriflame on July 17, the Board has resolved to call the remaining shareholders to an Extraordinary General Shareholders’…

Read More

Oriflame Board to Apply for Delisting from Stockholm Nasdaq

delisting of Oriflame

Walnut Bidco Plc recently announced that all conditions for completion of its public offer to the shareholders of Oriflame had been satisfied. The company, newly established by members of the Oriflame founding families of Robert af Jochnick and the late Jonas af Jochnick, also stated that the offer was declared unconditional at a Walnut Bidco ownership…

Read More

Oriflame Co-Founder Jonas af Jochnick Passes Away

Jonas af Jochnick

Jonas af Jochnick, co-founder of direct selling giant Oriflame Cosmetics, died suddenly last Friday. The 81-year-old Swedish entrepreneur and businessman, who founded Stockholm-based Oriflame with his brother Robert in 1967, passed away peacefully in his sleep. He had been active in various positions in the company, and stepped down from the Company’s board in 2018.…

Read More