Public tender offer for Bobst Group SA by its largest shareholder, JBF Finance SA
On 25 July 2022, JBF Finance SA announced a public tender offer for all publicly held shares of SIX listed Bobst Group SA, the parent company of Bobst, one of the world's leading suppliers of substrate processing, printing and converting equipment and services for the label, flexible packaging, folding carton and corrugated industries.
JBF is a company whose shares are held by more than 60 members of the families of the descendants of Joseph Bobst, who founded Bobst in 1890. With 53% of the company's shares, JBF is also Bobst Group's largest shareholder. Through its tender offer, JBF expects to be able to take Bobst Group private through a delisting of its shares.
Lenz & Staehelin is advising JBF. The transaction team is led by Jacques Iffland and Ariel Ben Hattar, and also includes Xavier Grivel, Yaël Nahmani and Stefan Schirm, all from Lenz & Staehelin's corporate and capital markets group.