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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

 

Algol Supervisory Board
Algol Group's Supervisory Board: From the left Johannes Bargum, Kenneth Nystén, Kaj Hedvall (Chairman) and Alexander Bargum.