Ratos AB, the Sweden based private equity firm has announced a public offer for Semcon Aktiebolag, the Sweden based technology development company. The offer values Semcon at SEK 2.84bn. JCE Group AB, Nordea Investment Management AB, SAMSON ROCK CAPITAL LLP, Otus Capital Management LP and Ennismore Fund Management who together hold approximately 52 per cent of the shares and votes in Semcon, have undertaken to, subject to certain conditions, accept the Offer
Target – Semcon Aktiebolag (Semcon Aktiebolag)
Buyer – Ratos AB
Seller – JCE Group Aktiebolag
Seller – Nordea Investment Management AB
Seller – SAMSON ROCK CAPITAL LLP
Seller – OTUS CAPITAL MANAGEMENT LIMITED
Seller – ENNISMORE FUND MANAGEMENT LIMITED