Pressrelease: Svalner provides acquisition structuring advice in the public tender offer for Musti Group PLC

Pressrelease: Stockholm 2023-12-19

Svalner, a distinguished advisory firm specializing in tax and transaction services, has provided acquisition structuring advice to Jeffrey David, the Chair of Musti Group Plc’s Board of Directors, Johan Dettel, a member of Musti Group Plc’s Board of Directors and David Rönnberg, the Chief Executive Officer on the recommended public tender offer for all shares in Musti Group Plc, alongside with the consortium member Sonae Group Plc.

Musti Group Plc, a leading Nordic pet care company listed on Nasdaq Helsinki, has received a public tender offer for its shares. Shareholders are being offered €26 in cash per share, valuing the total shares at approximately €0.9 billion (around US$1 billion).

With the transaction Sonae Holdings together with the consortium members is set to play a key role in the future of Musti Group Plc. Sonae Holdings is a subsidiary wholly-owned by Sonae – SGPS, S.A., a multinational business group headquartered in Maia, Portugal, operating in 90 countries across various sectors, including retail, real estate, media, telecommunications, technology investments, and financial services. Sonae is listed on the Euronext PSI-20 in Lisbon.

“Our role in Musti Group Plc’s public tender offer demonstrates our commitment to delivering nuanced and strategic advice. By working closely with the leadership team and considering the consortium dynamics, our acquisition structuring expertise aims to optimize the financial landscape for long-term success.” Says Robert Tranquilli, partner of the M&A tax team at Svalner.

Svalner Skatt & Transaktion has a distinguished track record in providing comprehensive tax and transaction advice. Leveraging its expertise, the firm is dedicated to navigating the complexities of transactions and ensuring clients achieve their strategic objectives. Read more in the newsroom of Musti Group

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