Algol Group structure
The Group comprises six business units: Algol Chemicals, Algol Diagnostics, Algol Technics, Algol Trehab, Histolab Products and Suomen Unipol (ownership 74 %).
The Board of Directors of the parent company Algol Oy is responsible for the governance of the entire Group and the appropriate organisation of its operations. The Board focuses on issues related to its ownership strategy, financing and the use of Group resources.
The parent company is also responsible for the Group’s shared functions. These include, for example, financial administration, property management, ICT, corporate responsibility, the Group’s internal and external communications, and the Algol brand.
The implementation of good corporate governance at Algol is supported by the Group’s Code of Business Conduct.
Ownership
Algol is a Finnish family business. The Bargum family owns 100% of all company shares. The three largest shareholders own 98% of the shares.
Group management
Executive Board
Alexander Bargum
Managing Director, Algol Oy
Joakim Flinck
Deputy CEO, Group CFO, Algol Oy
Arto Peterzens
ICT Director, Algol Oy
Supervisory Board
Kaj Hedvall, Chairman of the Board
D.Sc.(Econ.), M.Sc.(Tech.)
Alexander Bargum
LL.M.
Johannes Bargum
QBA
Kenneth Nystén
B.Sc. (Econ.), MBA
