DLA Piper advises Hunter Douglas on public takeover by Bergson Holdings
DLA Piper has advised Hunter Douglas N.V. on the intended offer by Bergson Holdings B.V. for all outstanding common shares of Hunter Douglas N.V.
Hunter Douglas is listed on Euronext and is the world market leader in window coverings and a major manufacturer of architectural products. The group is comprised of 134 companies with 47 manufacturing and 87 assembly operations in more than 100 countries. Bergson Holdings is a holding company owned and controlled by Mr. R. Sonnenberg who holds 82.7% of the common shares of Hunter Douglas.
Bergson Holdings is offering to acquire all of Hunter Douglas' outstanding common shares for EUR 64 in cash per share. Completion of the transaction is expected in the second quarter of 2021. Following the offer, Bergson intends to delist Hunter Douglas.
Henk Arnold Sijnja, Corporate M&A and Capital Markets partner commented: “We are really pleased to have advised Hunter Douglas, a Netherlands based multinational, with this complex transaction. It is a testament to the breadth of our unparalleled corporate offering in the Netherlands.”
The DLA Piper Amsterdam team was led by partner Henk Arnold Sijnja, supported by Marnix Holtzer, Richard Fens, Rens van Blaricum, Henriëtte Kasteel and Jafar Alhashime.