CVC Capital Partners successfully acquires the majority shareholding in SGL International A/S

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23 May 2023                                                                                     Company announcement no. 69


SGL International A/S (the "Company") announced on 6 February 2023 that the shareholders of the parent company of the Company and its affiliates (“SGL") had entered into a share purchase agreement for the purpose of divesting the Company to funds controlled by CVC Capital Partners (“CVC”) (the “Acquisition”). Today, 23 May 2023, the Acquisition has successfully been completed through Skill BidCo ApS. The previous majority shareholder (AEA Investors’ Small Business Private Equity and independent LP financial co-investors) as well as members of the management team of SGL will remain as minority shareholders alongside CVC.

As a result of the completion of the Acquisition, the Company will redeem all its outstanding bonds with ISIN SE0013101219, SE0015810759, and NO0012441007 (“Existing Bonds”) on 25 May 2023 as announced on 26 April 2023. Skill BidCo ApS has successfully placed EUR 750 million of senior secured bonds which are used to redeem the Existing Bonds.

For further information about Skill BidCo ApS, please refer to www.scangl.com/skillbidco.

Claes Brønsgaard Pedersen, Global CFO, says: ”It is with great humility and pride we can announce the completion of the transaction. We are looking forward to continuing creating value for alle stakeholders through the partnership with CVC.”

For further information about the Company, please contact:

 

SGL International A/S:

Claes Brønsgaard Pedersen, Global CFO

ir@scangl.com | (+45) 32 48 00 00

 

 

This information is information that SGL International A/S is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above, at 21.00 CET on 23 May 2023.

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