# Thornico acquires ~10% of Hartmann shares, plans to delist company

Thornico Food & Food Technology Group acquired approximately 10% of shares in Brødrene Hartmann A/S at DKK 360 per share, increasing its holding to about 80%. Thornico intends to offer to buy remaining shares at DKK 360 per share and delist the company.

- Type: Acquisition
- Announced: 2023-10-12
- Where: Denmark
- Status: announced
- Products: moulded-fibre egg packaging, fruit packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Thornico Food & Food Technology Group](https://endata.com/companies/73373.md) (acquirer)
- [Brødrene Hartmann](https://endata.com/companies/73374.md) (target)

## Sources

- [nordicir.com](https://nordicir.com/company_announcement/thornico-acquires-approx-10-of-the-shares-of-hartmann-and-intends-to-increase-its-offer-to-the-other-shareholders-to-dkk-360-per-share/), 2023-10-12: "Thornico has today entered into an agreement with Handelsbanken, VN Capital, Aktia and Abaco Capital to purchase a holding of shares and voting rights in Hartmann corresponding to approx. 10% of all shares and voting rights."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/thornico-hartmann-acquisition-offer/), 2023-11-23: "Shareholders who wish to accept the offer must communicate their acceptance of the offer to their own account holding institution in accordance with the procedure described in the offer document."

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