JBF is the most important shareholder of Bobst Group, with a 53% curiosity.

JBF stated it can pay CHF 78 per Bobst Group share, which it stated is a premium of 22% in comparison with the common worth of the final 4 weeks.

The finance home plans to  take Bobst Group non-public by a delisting of its shares from SIX Swiss Alternate.

JBF stated the deal will give the corporate the suitable situations to deploy a long-term technique, to execute its digital transformation, and to take care of its robust Swiss industrial actions.

Transaction highlights embrace:

• Bobst Group continues to be managed by impartial board members and household board members, as it’s at present
• JBF will give attention to digitisation, linked and sustainable packaging provide chain
• JBF stated it’s is dedicated to the long-term legacy of the fifth technology of households and to sustaining the economic base of Switzerland

The Board of Administrators of Bobst Group, represented by the Committee of Impartial Administrators, has reviewed the provide, and has acknowledged it’s satisfied of the enterprise rationale of the transaction and “welcomes the chance for shareholders to tender their shares at a premium in these unsure time.”.

If authorised, the deal is anticipated to be accomplished in November 2022.