SNP: Offer period for voluntary public tender offer from Carlyle begins
Heidelberg, Germany, January 31, 2025 – The offer period for the voluntary public cash tender offer (the “offer”) of Succession German Bidco GmbH (the “bidder”), a holding company controlled by investment funds advised and/or managed by global investment firm Carlyle (NASDAQ: CG), for SNP Schneider-Neureither & Partner SE (“SNP” or the “Company”) begins today. This was preceded by an investment agreement that was concluded in December 2024. This agreement establishes a strategic partnership to support the long-term growth of SNP.
Your contact
Marcel Wiskow
Director Investor Relations
Phone: +49 6221 6425-637
Share news
- The offer period for SNP shareholders begins today and ends on March 7, 2025, at 12:00 a.m. (Frankfurt am Main local time)
- Offer price of € 61.00 per share
- The offer price corresponds to an attractive premium of 17.2% on the volume-weighted three-month average share price prior to the announcement of the launch of the offer
- Carlyle intends to delist SNP from the stock exchange following completion of the takeover offer
Carlyle is offering SNP shareholders an offer price of € 61.00 per SNP share in cash. The offer price includes an attractive premium of 13.4% on the XETRA price of the SNP share at the close of the day’s trading on December 20, 2024, the final day of trading before the announcement of the submission of the offer. Furthermore, the offer price corresponds to a premium of 17.2% on the volume-weighted three-month average share price prior to the announcement of the launch of the offer. SNP shareholders have the opportunity to accept the offer until March 7, 2025, at 12:00 a.m. (Frankfurt am Main local time).
Carlyle secured the support of the offer by the shareholders of SNP by means of a share purchase agreement with the majority shareholder, Wolfgang Marguerre, for 65.19% of SNP shares and irrevocable tender agreements with other shareholders, who together represent 11.06% of SNP’s total share capital. Through this support and the additional acquisition of shares on the open market, Carlyle has thus already secured 77.55% of the total share capital of SNP.
The completion of the offer is subject to the usual antitrust and foreign trade approvals. After the offer has been completed, Carlyle intends to delist the company from the stock exchange.
The offer document, an English translation (not legally binding) and further information about the offer have been published on the following website: www.succession-offer.com. Copies of the offer document can be requested free of charge from UniCredit Bank GmbH, Arabellastrasse 12, 81925 Munich, Germany, or by email from tender-offer@unicredit.de. Please include full postal address in your request.
About SNP
SNP (Ticker: SHF.DE) ist mit seiner weltweit führenden Technologieplattform Kyano® ein zuverlässiger Partner für Unternehmen, die bei Transformationsvorhaben und für mehr Geschäftsagilität auf wegweisende datengestützte Funktionalitäten setzen. Kyano integriert alle technischen Möglichkeiten und Partnerfunktionalitäten für eine softwarebasierte und ganzheitliche Datenmigration und das Datenmanagement. In Kombination mit dem Bluefield®-Ansatz setzt Kyano einen weltweiten Industriestandard für die schnelle und sichere Reorganisation und Modernisierung von Unternehmensdaten unter Nutzung KI-gestützter Innovationen auf Basis von über 30 Jahren Erfahrung.
Weltweit vertrauen über 3.000 Kunden aller Branchen und Größen auf SNP, unter ihnen 20 der DAX 40 und über 100 der Fortune 500 Unternehmen. Die SNP-Gruppe beschäftigt weltweit mehr als 1.600 Mitarbeitende an 34 Standorten in 22 Ländern. Das Unternehmen mit Stammsitz in Heidelberg erzielte im Geschäftsjahr 2025 einen Umsatz von rund 297 Mio. Euro.
More information is available at www.snpgroup.com
Your contact
Marcel Wiskow
Director Investor Relations
Phone: +49 6221 6425-637
