Infestos

Financial Adviser

Kempen & Co acted as financial adviser to Infestos in the € 178 million public takeover of Neways

Infestos, through its direct wholly owned subsidiary Infestos Sustainable Solutions, has successfully concluded its public takeover offer for all of the issued and outstanding shares in Neways
Following the end of the post-closing acceptance period, 89.38% of all shares and votes in Neways have been validly tendered, resulting in Infestos attaining control of 97.80% of all issued and outstanding shares in Neways on a fully diluted basis
The offer provides an attractive premium delivering immediate, certain and significant value to shareholders. The offer price of € 14.55 per share, to be paid fully in cash, values Neways equity at approximately € 177.8 million, a premium of 33.5% compared to Neways share price on 29 April 2021, being the undisturbed share price
Infestos, with their expertise, fully supports Neways in accelerating the 'One Neways' and 'System Innovator' strategy and transitioning into a best in class EMS enterprise
Infestos believes it can add long-term value through its track record, experience and expertise by supporting Neways on strategic, organisational, and operational matters
Kempen & Co is pleased to have acted as financial adviser to Infestos in the public takeover of Neways

Infestos is a sustainable investment firm focused on entrepreneurial and hands-on investment of family capital
Infestos was established in 1999 and consists of a team of experienced professionals with multidisciplinary skills
Infestos has extensive experience on the capital markets through its investments in Alfen, NX Filtration and ESG Core Investments
In addition to its investment portfolio, Infestos supports talent development in sports through TalentNED, sustainable renovation of monumental real estate and projects in the fields of education and healthcare through the Infestos Foundation

Kempen & Co is the most active adviser in public offers in the Netherlands since 2019, as financial adviser on 3 transactions with an aggregate of over € 2 billion
Following recent successful transactions including Gilde Equity Management’s € 80 million offer for DPA Group, and Reggeborgh’s € 1.8 billion offer for VolkerWessels
The transaction underpins our unique position in Benelux corporate finance advisory