We are very pleased to advise Swiss Life Asset Management AG and Faro BidCo ApS, alongside the Norwegian law firm BAHR, in connection with an unregulated recommended voluntary tender offer to the shareholders of Everfuel A/S, listed on Euronext Growth Oslo.
The three largest shareholders in Everfuel have agreed to exchange their shares in Everfuel for shares in Faro BidCo ApS outside of the tender offer, pursuant to a separate investment agreement. In the new ownership consortium with Swiss Life, the parties intend to take Everfuel private and provide Everfuel with funding for its continued growth and pioneering PtX projects.
Everfuel makes green hydrogen available for zero-emission industry and mobility across Europe, offering hydrogen supply and fueling solutions. Faro BidCo ApS is a newly incorporated indirect subsidiary of infrastructure funds managed or advised by Swiss Life Asset Management AG.
Our core transaction team consisted of partners Rikke Schiøtt Petersen, Christian Halskov Sauer and Charlotte Louise Thorsen assisted by energy counsel Hans Nikolaj Amsinck Boie, managing counsel Mahmut Duvarci, attorney Marcus S. Vallentin Rosenstock and assistant attorneys Søren Nielsen, Simon Nordvig and Isabella Hart.