Groupe Hamelin S.A. completed the acquisition of Pelikan Group GmbH, Pelikan Pbs-Produktion Verwaltungs-Gmbh and Pelikan Pbs-Produktionsgesellschaft Mbh & Co. Kg from Molkari Vermietungsgesellschaft mbH & Co. Objekt Falkensee KG, Pelikan Holding AG, and Pelikan International Corporation Berhad.
Certain banks/lenders have, by the issuance of a mandate letter and a commitment letter dated 31 May 2023, confirmed their firm and final agreement to arrange and underwrite the additional acquisition loan in a maximum principal amount of ?100,000,000, to partially finance the Disposal Consideration, and to increase the amount of the revolving credit facility by up to ?20,000,000. Transaction is subject to regulatory approvals, shareholders approvals and other conditions precedents. The long stop date is October 31, 2023. KAF Investment Bank Berhad acted as a financial advisor to Pelikan International Corporation Berhad.
Groupe Hamelin S.A. completed the acquisition of Pelikan Group GmbH, Pelikan Pbs-Produktion Verwaltungs-Gmbh and Pelikan Pbs-Produktionsgesellschaft Mbh & Co. Kg from Molkari Vermietungsgesellschaft mbH & Co. Objekt Falkensee KG, Pelikan Holding AG, and Pelikan International Corporation Berhad on December 14, 2023.