# ALTANA subsidiary ELANTAS launches tender offer for Von Roll Holding AG

ELANTAS GmbH, a subsidiary of ALTANA AG, published a prospectus for a public tender offer for all publicly held shares of Von Roll Holding AG at CHF 0.86 per share, having already secured 82.57% stake via agreements. The offer period is expected from September 25 to October 27, 2023.

- Type: Acquisition
- Announced: 2023-09-08
- Where: Switzerland
- Status: announced
- Products: electrical insulation, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ALTANA](https://endata.com/companies/2187.md) (acquirer)
- [Elantas](https://endata.com/companies/2418.md) (acquirer)
- [Von Roll Holding AG](https://endata.com/companies/6718.md) (target)

## Sources

- [elantas.cn](https://www.elantas.cn/press-news/detail/altana-ag-publishes-prospectus-of-the-public-tender-offer-for-all-publicly-held-shares-of-von-roll-holding-ag.html), 2023-09-08: "The merger of ELANTAS and Von Roll combines the innovative strength of the two companies with the aim of expanding electromobility and renewable energies."
- [altana.com](https://www.altana.com/press-news/details/altana-ag-has-acquired-a-majority-stake-in-von-roll-holding-ag.html), 2023-09-29: "ELANTAS GmbH, a subsidiary of the specialty chemicals group ALTANA AG, has finalized the purchase agreement initially signed on August 11, 2023, to acquire a majority stake in Von Roll Holding AG."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.