Mannheimer Swartling advises OEM International in connection with EQT’s public takeover offer

The Independent Bid Committee of OEM International AB (publ) is advised by Mannheimer Swartling in connection with the non-recommended takeover offer by EQT to the shareholders of OEM International. OEM International’s four largest shareholders in terms of voting power have irrevocably committed to EQT to accept the Offer in respect of a majority of their respective holdings, in total approximately 72.5 per cent of the total voting rights and approximately 25.7 per cent of the total share capital of OEM International.

In light of the fact that the offer is not considered to be fair from a financial point of view, the Independent Bid Committee has unanimously decided to recommend that shareholders to not accept the offer. The offer values OEM International at approximately SEK 15.3 billion.

OEM International is one of Europe’s leading technology trading companies with 34 operating units in 15 countries. The group operates in the trade of components and systems from leading suppliers in selected markets in Europe. A well-structured local market organisation and efficient logistics make OEM International a better alternative to the supplier’s own sales organisations.