Recent work | September 24, 2020

Roschier advises Bain Capital in the public cash tender offer for all shares in Ahlstrom-Munksjö

A consortium, consisting of private equity firm Bain Capital and investment companies Ahlström Capital, Viknum and Belgrano Inversiones, has announced a recommended public cash tender offer of approximately EUR 2.1 billion for all the shares in Ahlstrom-Munksjö Oyj, listed on both Nasdaq Helsinki and Nasdaq Stockholm. Roschier represents Bain Capital in the transaction.

The shareholders of Ahlstrom-Munksjö will be offered a cash consideration of EUR 18.10 for each share. The Board of Directors of Ahlstrom-Munksjö has unanimously decided to recommend that the shareholders of Ahlstrom-Munksjö accept the tender offer.

The offer period is expected to commence on or about 26 October, 2020. The offer is currently expected to be completed during the second quarter of 2021, subject to approval by competition authorities and other regulatory authorities, and certain other customary conditions.

Listed on Nasdaq Helsinki and Nasdaq Stockholm, Ahlstrom-Munksjö is a global leader in innovative and sustainable fiber-based materials, supplying solutions to its customers worldwide.

Private equity firm Bain Capital has offices on four continents and currently manages approximately USD 100 billion of capital worldwide and has made numerous successful and value-enhancing investments and exits in the Nordic region over the past years.

Roschier’s cross-border core advisory team comprises Antti Ihamuotila, Seppo Kymäläinen, Mia Mokkila, Annika Salparanta, Pauliina Repo, Katri Piiparinen, Jonne Järvi, Mattias Brännkärr, Mika Ohtonen, Andreas Bussman, Elmiira Kutvonen, Maiju Klemola, Eveliina Pekkala, Elin Larsson and Miikka Kujanpää.