Voluntary Public Takeover Offer of Orchid Lux HoldCo S.à r.l.

 

On August 7, 2023, OHB SE (“OHB”) entered into an agreement with Orchid Lux HoldCo S.à r.l., a holding company controlled by affiliates of Kohlberg Kravis Roberts & Co. Inc L.P. advised and managed investment funds, vehicles and/or accounts (“KKR”), as well as with the Fuchs Family Foundation (as majority shareholder of OHB) and holding companies beneficially owned by members of the Fuchs Family (collectively, the “Majority Shareholders”) dealing with the terms and conditions of a strategic investment of KKR in OHB as initiated by the Majority Shareholders.

The full press release can be found here.

The acceptance period for the takeover offer ended on November 3, 2023. We expect the transaction to be completed and the offer price to be paid in Q2/Q3 of 2024.

 

The offer document for the Takeover Offer (in German and a non-binding English translation) and further information on the Takeover Offer are published on the internet at www.orchid-offer.com.

A non-binding English translation of the joint reasoned statement by the Management Board and the Supervisory Board pursuant to Section 27 (1) WpÜG is published here:
Joint reasoned statement by the Management Board and the Supervisory Board