Advium advisor to consortium in the public cash tender offer for Purmo Group
26.04.2024
Certain funds managed by affiliates of Apollo and Rettig form a consortium for the purposes of the voluntary recommended public cash tender offer for all the issued and outstanding shares in Purmo Group Plc. The transaction is expected to accelerate the implementation of Purmo’s growth strategy.
The board of directors of Purmo, represented by a quorum comprising the non-conflicted members of the board of directors, has unanimously decided to recommend that the shareholders of Purmo accept the tender offer.
Advium acts as financial advisor to the consortium in connection with the tender offer.
Additional information: Purmo Group Plc – Cash tender offer
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