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Sign InFreudenberg has announced the exercise of its right to initiate a compulsory acquisition of the remaining shares in Nilfisk Holding A/S at a fixed price of DKK 140 per share. The company currently controls 94.47% of Nilfisk's total share capital and associated voting rights, meeting the legal threshold for a squeeze-out. The formal notice period for minority shareholders is set to expire on June 10, 2026.
This move follows a successful voluntary takeover bid and aligns with standard practices under the Danish Companies Act for consolidating ownership. By securing over 90% of the voting power, Freudenberg can streamline its operations and move toward delisting the entity. Per market data, such transactions are typically finalized at the last offered price to ensure consistency for all shareholders during the transition to private ownership.
Market participants should note the June 10, 2026 deadline for the mandatory transfer of shares. While the transaction price is fixed, broader industrial sentiment remains relevant; for context, German Factory Orders rose by 5% as of May 7, 2026, according to recent economic data. Investors should watch for the formal delisting notice following the expiration of the compulsory acquisition period.