B&S Group S.A., active in the consumer goods industry, and Sarabel have reached conditional agreement on an envisaged recommended public offer by Sarabel, trough its affiliate ELFB Investments Netherlands B.V., for all issued and outstanding shares in the capital of B&S of EUR 6.15 (cum dividend) in cash per share. The offer values a 100% of the shares at approximately EUR 518 million and is unanimously recommended by the executive board and supervisory board of B&S.

De Brauw Blackstone Westbroek N.V. is acting as lead legal advisor to B&S Group S.A.

The offer represents a total value of approximately EUR 518 million for 100% of the shares and a premium of 56.9% to the company’s closing share price on 3 April 2025.

Sarabel, together with its 100% shareholder Mr W.A. Blijdorp, currently holds a majority interest of 70.47% of the issued and outstanding shares in B&S.

B&S and Sarabel share the view that it will be in the best interest of B&S to continue under private ownership and that the offer provides minority shareholders with an attractive liquidity event.