January 7, 2026
Nilfisks bestyrelse anbefaler, at aktionærerne accepterer overtagelsestilbuddet fra Freudenberg
Nilfisks bestyrelse offentliggjorde i dag sin erklæring, hvor de anbefaler det frivillige kontante købstilbud fra Freudenberg for alle aktier i Nilfisk og enstemmigt anbefaler, at aktionærerne accepterer tilbuddet.
Bestyrelsens anbefaling er baseret på den attraktive pris, transaktionssikkerheden og den strategiske gennemgang af den foreslåede transaktion. Tilbudskursen på 140 DKK kontant pr. aktie repræsenterer en attraktiv præmie sammenlignet med historiske aktiekurser og værdisætter Nilfisks aktiekapital til ca. 3,8 milliarder DKK. Bestyrelsen bemærker også, at tilbuddet er fuldt finansieret og understøttet af uigenkaldelige forpligtelser fra aktionærer, der repræsenterer 50,9 % af Nilfisks aktier, hvilket markant øger sandsynligheden for færdiggørelse af opkøbet.
Peter Nilsson, formand for Nilfisks bestyrelse, siger:
"Efter en omfattende evaluering af tilbuddet og dets implikationer, gennemført sammen med vores rådgivere, anbefaler bestyrelsen enstemmigt, at Nilfisks aktionærer accepterer Freudenbergs tilbud. Vores anbefaling bygger på den attraktive pris, som understøttes af en uafhængig fairness opinion, den høje grad af transaktionssikkerhed og den støtte, der gives af de store aktionærer og direktionen. Derudover ser vi et stærkt strategisk og kulturelt match mellem de to virksomheder, hvilket gør dette til et overbevisende tilbud for Nilfisks aktionærer."
Forud for offentliggørelsen af Freudenbergs intention om at fremsætte tilbuddet den 11. december 2025 gennemførte bestyrelsen, foranlediget af en uopfordret henvendelse fra en tredjepart, en omfattende og konkurrencedygtig proces, igangsat foråret 2025, for at vurdere Nilfisks strategiske muligheder. Processen omfattede en gennemgang af Nilfisks selvstændige plan samt en række potentielle ejerstrukturer og strategiske alternativer, støttet af eksterne rådgivere. Efter denne proces og efterfølgende forhandlinger konkluderede bestyrelsen, at tilbuddet fra Freudenberg udgør resultatet af en omfattende og omhyggelig due diligence- og forhandlingsproces, hvor bestyrelsen har søgt at sikre forbedrede vilkår og betingelser. Efter bestyrelsens opfattelse repræsenterer det tilbud, der nu forelægges Nilfisks aktionærer, det mest attraktive resultat.
I overensstemmelse med gældende overtagelsesregler har bestyrelsen gennemgået og analyseret Freudenbergs tilbud og vurderet fordele og ulemper ved tilbuddet for Nilfisks aktionærer. Denne vurdering inkluderer blandt andet de økonomiske vilkår for tilbuddet, Freudenbergs erklærede planer for Nilfisk, de potentielle konsekvenser for medarbejderne og den overordnede sikkerhed ved at gennemføre transaktionen.
Bestyrelsen byder Freudenbergs erklærede forpligtelser vedrørende medarbejderkontinuitet, virksomhedskultur og dets intention om at videreudvikle Nilfisk velkommen. Selvom bestyrelsen mener, at Nilfisk kan fortsætte med at fungere succesfuldt som selvstændigt selskab, anerkender den også, at det foreslåede ejerskifte kan skabe strategiske fordele og yderligere styrke Nilfisks position som global leder indenfor sit felt.
Tilbuddet lanceres i dag og tilbudsperioden forventes at udløbe den 18. februar 2026 kl. 23:59 CET, medmindre det forlænges. Aktionærerne opfordres til nøje at gennemgå vilkårene og betingelserne for tilbuddet samt konsekvenserne af både at acceptere og ikke acceptere tilbuddet, før de træffer deres beslutning.
Mere information
Dette er en pressemeddelelse og ikke en selskabsmeddelelse. Mere information om tilbuddet og transaktionen, herunder bestyrelsens erklæring og Freudenbergs tilbudsdokument, kan, underlagt visse restriktioner, findes her: https://investor.nilfisk.com/offer-site-to-shareholders
Nøglefakta om tilbuddet:
- Udbudsprisen er 140 DKK kontant for hver aktie i Nilfisk (tilbudsprisen), hvilket vurderer alle udestående aktier til ca. 3.798 millioner DKK.
- Udbudsprisen på 140 DKK pr. aktie repræsenterer:
- en præmie på 35,9 % i forhold til lukkekursen på 103 DKK på Nasdaq København den 10. december 2025.
- en præmie på 39,8 % i forhold til den volumenvægtede gennemsnitskurs for én måned på 100,11 DKK for perioden frem til den 10. december 2025.
- en præmie på 30,1 % i forhold til den volumenvægtede gennemsnitskurs for tre måneder på 107,60 DKK for perioden frem til den 10. december 2025.
- en præmie på 35,9 % i forhold til den volumenvægtede gennemsnitskurs for seks måneder på 103,05 DKK for perioden frem til den 10. december 2025.
- en præmie på 42,3 % i forhold til den volumenvægtede gennemsnitskurs for tolv måneder på 98,38 DKK for perioden frem til den 10. december 2025.
(Kilde: FactSet)
- Hovedaktionærerne KIRKBI Invest A/S, Ferd AS og PrimeStone Capital LLP, samt de medlemmer af bestyrelsen og direktionen, der ejer aktier, har uigenkaldeligt forpligtet sig til at acceptere tilbuddet om at sælge alle deres aktier til Freudenberg.
- Tilbuddet er underlagt sædvanlige betingelser, herunder en minimumsacceptsgrænse på 90% af aktierne plus en aktie (eksklusive egne aktier).
- Tilbuddet lanceres i dag og tilbudsperioden udløber den 18. februar kl. 23:59 CET, medmindre det forlænges. Aktionærer, der ønsker at tilbyde deres aktier til Freudenberg, skal gennemføre den relevante udbudsproces inden denne frist. Se venligst tilbudsdokumentet for detaljer om denne proces.
- Freudenberg forventer, at gennemførelsen af tilbuddet, inklusive betaling af vederlaget til de sælgende aktionærer, vil finde sted i første halvdel af 2026, forudsat modtagelse af alle nødvendige myndighedsgodkendelser og tilladelser.
Pressekontakt
Nynne Jespersen Lee
Head of Investor Relations & Group Communications
E-mail: communications.com@nilfisk.com
Om Nilfisk
Nilfisk blev grundlagt i 1906 af den danske ingeniør P.A. Fisker. I dag er virksomheden en verdensledende global leverandør af professionelt rengøringsudstyr og -tjenester. Mere end 90 % af salget går til professionelle kunder, mens resten af forretningen er rettet mod forbrugerne. Nilfisks produkter og tjenester sælges i mere end 100 lande og produceres på 6 produktionssteder verden over. Virksomheden har cirka 4.500 ansatte og genererede en omsætning på 1.027,9 mEUR i 2024. Det største enkeltmarked er USA (28 % af omsætningen), efterfulgt af Tyskland (14 %), Frankrig (10 %), Danmark (7 %) og Storbritannien (4 %).
Disclaimer
This announcement does not constitute an offer or invitation to purchase any securities in Nilfisk or a solicitation of an offer to buy any securities in Nilfisk, pursuant to the Offer or otherwise. The Offer is made solely by means of the offer document as approved by the Danish Financial Supervisory Authority, which contains the full terms and conditions of the Offer, including details of how the Offer may be accepted. The Nilfisk shareholders are advised to read the Offer and the related documents as they contain important information.
Forward looking statements
This announcement contains forward-looking statements and statements of future expectations that reflect the Company's or the Offeror’s current views and assumptions with respect to future events. Such statements are subject to known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied and that are beyond the Company's and the Offeror’s ability to control or estimate precisely. In addition to statements which are forward-looking by reason of context, forward-looking statements can be identified by the use of forward-looking terminology, including the words “believes”, “anticipates”, “intends”, “expects”, “may”, “will”, “shall”, “potential”, “continue” and other similar expressions. The absence of such terminology does not necessarily mean that a statement is not forward-looking. Actual results, performance or events may differ materially from those statements due to, without limitation, (i) general economic conditions, (ii) future performance of financial markets, (iii) interest rate levels, (iv) currency exchange rates, (v) the behaviour of other market participants, (vi) general competitive factors, (vii) changes in laws and regulations, (viii) changes in the policies of central banks, governmental regulators and/or (foreign) governments, (ix) the ability to successfully integrate acquired and merged businesses and achieve anticipated synergies, (x) reorganisation measures, in each case on a local, national, regional and/or global basis, and (xi) litigations or other legal proceedings. The forward-looking statements included in this announcement speak only as of the date hereof.
Although the Company (and where based on statements from the Offeror, the Offeror) believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this announcement, such forward-looking statements are based on the Company or the Offeror’s current expectations, estimates, forecasts, assumptions and projections about the Company's and the Offeror Group's business, Nilfisk's business and, following completion of the Offer, including settlement of the Offer in accordance with the terms and conditions as set out in the offer document, the combined Offeror Group's and Nilfisk's (the Combined Group) business and the industry in which the Offeror Group and Nilfisk operate as well as on information which the Offeror has received from Nilfisk (including with respect to forecasts prepared by Nilfisk's management with respect to expected future financial and operating performance of Nilfisk) and/or which has been extracted from publications, reports and other documents prepared by Nilfisk and/or the Offeror Group and are not guarantees of future performance or development and involve known and unknown risks, uncertainties and other important factors beyond the Offeror Group’s, Nilfisk’s and/or the Combined Group’s control that could cause the Offeror Group’s, Nilfisk’s or the Combined Group’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.
Except as may be required by law or regulation, neither the Company (not the Offeror, where relevant) nor any of its advisors assume any obligation to update such forward-looking statements contained herein or to reflect any change in their respective expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based and to adapt them to future events or developments.
Restricted jurisdictions
The Offer is not being made, and the Nilfisk shares will not be accepted for purchase from or on behalf of persons, in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities or other laws or regulations of such jurisdiction. Persons obtaining this announcement and/or into whose possession this announcement comes are required to take due note and observe all such restrictions and obtain any necessary authorisations, approvals or consents. Neither the Company, the Offeror nor any of their advisors accepts any liability for any violation by any person of any such restriction. Any person (including, without limitation, custodians, nominees and trustees) who intends to forward this announcement to any jurisdiction outside Denmark should inform themselves of the laws of the relevant jurisdiction, before taking any action. The distribution of this announcement in jurisdictions other than Denmark may be restricted by law, and, therefore, persons who come into possession of this announcement should inform themselves about and observe such restrictions. Any failure to comply with any such restrictions may constitute a violation of the securities laws and regulations of any such jurisdiction.
Notice to shareholders in the United States of America
Shareholders in the United States of America (the U.S.) are advised that the shares are not listed on a U.S. securities exchange and that Nilfisk is not subject to the periodic reporting requirements of the U.S. Exchange Act, and is not required to, and does not, file any reports with the U.S. Securities and Exchange Commission (the SEC) thereunder. The Offer is being made to U.S. shareholders pursuant to Section 14(e) of, and Regulation 14E under the U.S. Exchange Act and on the same terms and conditions as those made to all other shareholders to whom an offer is made. Any information documents, including the offer document, will be disseminated to U.S. shareholders in English on a basis comparable to the method that such documents are provided to the other shareholders to whom an offer is made.
The Offer is being made by the Offeror and no one else. The Offer is being made to U.S. shareholders under Tier I Exemption, and otherwise in accordance with the requirements of Danish law. Accordingly, the Offer is subject to disclosure and other procedural requirements, including with respect to withdrawal rights, the offer timetable, settlement procedures, waiver of conditions and timing of payments, that are different from those that would be applicable under the U.S. tender offer rules.
To the extent permitted by Danish law and practice and pursuant to Rule 14e-5(b) of the U.S. Exchange Act, the Offeror and its affiliates or brokers (acting as agents for Offeror or its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase or arrange to purchase, shares or any securities that are convertible into, exchangeable for or exercisable for such shares outside the U.S. during the period in which the Offer remains open for acceptance, so long as those acquisitions or arrangements comply with applicable Danish Law and practice. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of an English language press release via an electronically operated information distribution system in the U.S. or other means reasonably calculated to inform U.S. shareholders of such information. In the ordinary course of business, the financial advisor to the Offeror and its affiliates may make or hold a broad array of investments including serving as counterparties to certain derivative and hedging arrangements and actively trade debt and equity financial instruments (or related derivative financial instruments) and other types of financial instruments (including bank loans) for their own account and for the accounts of their customers, and such investment and financial instrument activities may involve securities and/or instruments of Nilfisk.
Notice to shareholders in the United Kingdom
The Offer has not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (as amended from time to time). It is directed only at Relevant Persons, being (i) persons in the United Kingdom (the U.K.) who are investment professionals within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, (ii) persons falling within Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (high net worth companies, unincorporated associations, partnerships and trustees of high value trusts), (iii) persons outside the U.K., or (iv) other persons to whom it may lawfully be communicated under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. Any investment or investment activity to which the Offer relates is available only to, and will be engaged in only with, Relevant Persons. Persons who are not Relevant Persons (including, but not limited to, the general public in the U.K.) must not act on or rely upon the Offer.