Core Viewpoint - Freudenberg has received all necessary regulatory approvals for its voluntary takeover offer of Nilfisk Holding A/S, indicating progress towards the acquisition [1][2]. Company Overview - Nilfisk, founded in 1906 by Danish engineer P.A. Fisker, is a leading global provider of professional cleaning equipment and services, with over 90% of sales directed towards professional markets [3]. - The company operates in more than 100 countries and has six manufacturing sites located in the US, Mexico, Hungary, Italy, and China, employing approximately 4,500 people [4]. - In 2024, Nilfisk generated revenue of €1,027.9 million, with the largest market being the US, accounting for 28% of total revenue, followed by Germany (14%), France (10%), Denmark (7%), and the UK (4%) [4]. Acquisition Details - The completion of Freudenberg's offer is contingent upon meeting the remaining conditions outlined in the Offer Document [2]. - The Offer Document, which contains the full terms and conditions of the takeover, is available on Nilfisk's investor website [2].
Freudenberg has obtained all required regulatory approvals related to its voluntary takeover offer for Nilfisk Holding A/S
Globenewswire·2026-03-27 08:50