1 Reporting entity and overview of the Group
SIG Combibloc Group AG (“SIG” or the “Company”) is domiciled in Switzerland and has since 28 September 2018 been listed on SIX Swiss Exchange.
The consolidated financial statements for the year ended 31 December 2021 comprise the Company and its subsidiaries (together referred to as the “Group”). The subsidiaries and joint venture reflected in the consolidated financial statements are listed in note 26. For information about the acquisition of the remaining shares of the joint ventures in the Middle East and the sale of the paper mill in New Zealand in the year ended 31 December 2021, see notes 4, 26 and 27.
The Group is a global system supplier of aseptic carton packaging solutions for both beverage and liquid food products, ranging from juices and milk to soups and sauces. Its solutions offering consists of aseptic carton packaging filling machines, aseptic carton packaging sleeves and closures as well as after-market services.