Freudenberg announces recommended all-cash voluntary takeover offer for Nilfisk Holding

"Moalem Weitemeyer advised Freudenberg on its recommended all-cash voluntary takeover offer for Nilfisk. A&O Shearman, together with J.P. Morgan, McKinsey, Danske Bank, PwC and Reliance, acted as buy-side deal team advisors. The offer values Nilfisk at DKK 3.8bn (approx. EUR 507m) at DKK 140 per share and is subject to a 90% acceptance condition and customary conditions."

Moalem Weitemeyer represented client Freudenberg; A&O Shearman, together with J.P. Morgan, McKinsey, Danske Bank, PwC and Reliance, acted as members of the buy-side deal team advising Freudenberg in the transaction. Freudenberg has announced a recommended all-cash voluntary takeover offer for all shares in Nilfisk at a price of DKK 140 per share, valuing the entire share capital of Nilfisk at DKK 3.8 billion (approximately EUR 507 million). The offer is subject to a 90% acceptance condition and other customary conditions for a transaction of this type. Freudenberg has stated its ambition to create a globally leading player in professional cleaning by combining Freudenberg’s strong portfolio of manual cleaning solutions with Nilfisk’s competitive and innovative machine-cleaning offering. Moalem Weitemeyer represented client Freudenberg with a team composed by: Dan Moalem, Jacob Bier, Morten Krogsgaard, Pernille Nørkær, Jakob Skafte-Pedersen, Thomas Mygind, Simon Winther Bjerregaard, Jonas Høst, Mads Rosleff Øbro, Salam Al-Khafaji, Nils Nissen Homann, Hadil El-Jamal, Oskar Bernhoft, Mathias Herlman, Sumar Adely.

Freudenberg announces recommended all-cash voluntary takeover offer for Nilfisk Holding

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