Altrad have made an offer to acquire Beerenberg AS
21 August 2024 | Montpellier, France
Altrad is delighted to announce it has made an unregulated voluntary cash offer to acquire all the outstanding shares of Beerenberg AS.
The transaction, which is likely to conclude towards the end of 2024 - subject to the receipt of regulatory approvals and other customary closing conditions - marks another exciting milestone in Altrad’s development, whereby it invests in businesses that share its excitement, vision and values and a desire to add enhanced value to its clients.
Altrad Group’s Co-CEO, Ran Oren said, “We have admired Beerenberg from a distance for many years and have been impressed by the achievements of the management team and their talented people. Our objective is to add to this success by adding investment, skilled people, innovative products, and a broader range of services to support their clients’ ambitions.”
Altrad is delighted at the prospect of welcoming Beerenberg and its 2,350 people into the Altrad Group, wherein they will be supported to develop fulfilling careers and become the best they can be.
