Nordic Capital Fund V and CVC Capital Partners to Evaluate a placing of 10.4% of Their COMBINED shareholding in Cloetta AB
21st May 2013
Nordic Capital Fund V (“Nordic Capital”) and funds advised by CVC Capital Partners (“CVC”) have through their holding companies Cidron Pord S.A.R.L (“Cidron”) and Godis Holding S.A.R.L, (“Godis) asked Carnegie and Handelsbanken Capital Markets to evaluate a placing of up to 30,000,000 B shares representing 10.4% of the outstanding share capital of Cloetta AB.
In the event of a transaction, the shares will be placed and the price determined by means of an accelerated book-built offering to a limited number of Nordic and international institutional investors. Main owner Malfors Promotor AB intends to order 1,000,000 shares and Chairman Lennart Bylock 50,000 shares in the event of a transaction. Currently Cidron owns 61,132,079 shares representing 21.2% of the share capital. Godis owns 48,313,999 shares representing 16.7 % of the share capital. If the placing is completed they will own collectively 79,446,078 shares (27.5% of the share capital).
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Media contact – Nordic Capital
Katarina Janerud, Communications Manager, NC Advisory AB
Tel: +46 709 69 69 99
katarina.janerud@nordiccapital.com
Media contact – CVC Capital Partners
James Olley, Brunswick Group
Tel: +44 (0)20 7404 5959
cvceurope@brunswickgroup.com
About Nordic Capital
Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in the Nordic region. Nordic Capital creates value in its investments, through committed ownership and by targeting strategic development and operational improvements. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VII with EUR 4.3 billion in committed capital, principally provided by international institutional investors, such as pension funds, asset managers and insurance companies. Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK.. For further information, please visit www.nordiccapital.com.
About CVC
CVC is a leading international private equity and advisory firm. Founded in 1981, CVC today has a network of 20 offices and some 290 employees throughout Europe, Asia and the US. CVC manages funds on behalf of over 300 investors including pension funds, financial institutions, sovereign wealth funds and other investors. To date, CVC has raised over US$44 billion in funds and has completed over 300 investments in a wide range of industries and countries across the globe, with an aggregate transaction value of US$167 billion. CVC Funds currently own over 60 companies worldwide, which generate over US$130 billion in revenues and employ around 400,000 people. For further information please visit www.cvc.com.