Freudenberg provides an update on acceptances and acquisitions of shares related to its takeover offer for Nilfisk Holding's shareholders
Globenewswire·2026-03-06 17:02

Core Viewpoint - Freudenberg Home and Cleaning Solutions GmbH has made a voluntary takeover offer for Nilfisk Holding A/S, with significant shareholder acceptance and market acquisitions indicating strong support for the offer [1][2][4]. Group 1: Offer Details - The takeover offer was initially published on January 7, 2026, and the offer period has been extended until April 8, 2026 [1][2]. - Approximately 81.2% of Nilfisk's share capital has accepted the offer, including irrevocable undertakings [2]. - Freudenberg SE has acquired an additional 16.3% of Nilfisk's shares in the market, with 4.9% already tendered into the offer [3]. Group 2: Acceptance and Ownership - The Offeror Group currently holds or has received valid acceptances for approximately 92.6% of Nilfisk's share capital and voting rights, assuming no withdrawals occur [4]. - The offer remains conditional upon the Offeror owning or having received valid acceptances for at least 90% of the share capital and voting rights at the expiry of the offer period [5]. Group 3: Company Overview - Nilfisk, founded in 1906, is a leading global provider of professional cleaning equipment and services, with over 90% of sales directed to professionals [6][7]. - The company generated revenue of €996.3 million in 2025, with the largest market being the US, accounting for 24% of revenue [7].

Freudenberg provides an update on acceptances and acquisitions of shares related to its takeover offer for Nilfisk Holding's shareholders - Reportify