Nilfisk's Board to Recommend Freudenberg's DKK3.8 Billion Takeover Offer

05:28 AM EST, 12/11/2025 (MT Newswires) -- Nilfisk Holding's (NLFSK.CO) board unanimously decided to recommend Freudenberg's all-cash takeover offer, valuing its at 3.8 billion Danish kroner. Under the agreement, the German family-owned technology group's Freudenberg Home and Cleaning Solutions subsidiary will offer 140 kroner per share to acquire the entire share capital of the Denmark-based cleaning equipment manufacturer, according to a Thursday release. The offer represents a 35.9% premium to Nilfisk's closing price on Wednesday. Following completion, which is expected to in the first half of 2026, subject to regulatory approvals and customary closing conditions, Freudenberg plans to delist Nilfisk from trading on Nasdaq Copenhagen.