US EditionNilfisk Joins Freudenberg Following Takeover Completion
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Nilfisk joins Freudenberg following takeover completion
Nilfisk has entered a new phase of growth after becoming part of Freudenberg Home and Cleaning Solutions following the successful completion of a takeover offer, marking a significant change in ownership for the business. Freudenberg will acquire around 94 per cent of Nilfisk’s share capital, with plans to complete a compulsory acquisition of the remaining shares and delist the company. The move brings together Nilfisk’s established position in …
Freudenberg Home and Cleaning Solutions (FHCS) has successfully completed the public takeover offer for the Danish cleaning technology manufacturer Nilfisk. With a share of more than 90 percent of the share capital and the associated voting rights, FHCS is now a majority shareholder. Freudenberg Home and Cleaning Solutions closes the acquisition of Nilfisk and plans a squeeze-out.
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