M&A Activity • Feb 27, 2025
M&A Activity
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Roblon A/S Fabriksvej 7, Gærum DK-9900 Frederikshavn +45 9620 3300 [email protected] CVR no. 57 06 85 15
In Company Announcement no. 7 dated 16 September 2024, Roblon announced the initiation of a process to divest its US subsidiary. The decision was motivated by the fact that both demand and competitive conditions have changed considerably in the past year.
Company Announcement no. 11 dated 18 November 2024 stated that Roblon had received a number of enquiries from potential buyers of the US subsidiary following the announcement of the divestment process. The Company Announcement further stated that Management expected the divestment process to be completed by the end of March 2025.
The ongoing dialogues with potential buyers are taking longer than expected, however. Management now expects that the divestment process can be completed by the end of July 2025. In the meantime, the operation of Roblon US Inc. will continue unchanged until the company is taken over by new owners.
For obvious reasons, Management cannot at this time provide guidance on the expected impact of the divestment on operating profit or total assets.
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Frederikshavn, 27 February 2025
Roblon A/S
Mikael Staal Axelsen Kim Müller Chairman CEO
For enquiries regarding this announcement, please contact the press and investor relations officer: Co-CEO/CFO Carsten Michno, tel. +45 9620 3300
Have a question? We'll get back to you promptly.