Recent work | September 28, 2020

Roschier advises Stena Adactum and Altor Fund V in the cash tender offer for Gunnebo AB

GB HoldCo AB, a newly formed company held by Stena Adactum and Altor Fund V, has announced a cash tender offer of SEK 25 per share to the shareholders of Gunnebo AB. The total value of the offer amounts to approximately SEK 1,769 million.

The offer, valuing Gunnebo to approximately SEK 2,389 million, was announced on 28 September 2020. The Board of Directors of Gunnebo has unanimously recommended the shareholders of Gunnebo to accept the offer. The acceptance period for the offer is expected to be between 1 October 2020 and 12 November 2020.

Roschier’s advisory team comprised Jens Bengtsson, Ola Sandersson, Tilda Rosengren, Axel Bonning, Ellen Pettersson, Kristian Hugmark, Nils Alvång and Erika Hall Jansson.