Cleary Gottlieb advises Trimco on Nilörngruppen bid
Cleary Gottlieb is advising Trimco Group (UK), an indirect wholly owned subsidiary of Trimco Group Holdings, in its public offer to the shareholders of Nilörngruppen AB to tender all outstanding shares for a cash consideration of SEK 77 per share. The offer values Nilörngruppen at approximately SEK 878 million.
The offer is subject to customary conditions, including a 90% acceptance condition and required regulatory approvals.
Trimco Group is a supplier of brand identity products for international fashion and sports brands, with operations in 26 countries across Asia, North and Central America, Europe, and Africa. Nilörngruppen is a provider of branding and labelling solutions for the fashion and apparel industry, listed on the Swedish stock exchange.
Legal teams
The Cleary Gottlieb team advising Trimco Group (UK) is led by partner Denise Shiu, supported by associates Curtis Tse and Elaine Wang. Partner Stephen Nicolas and associate Ryan Thorne advised on English law matters, while partner Mirko von Bieberstein (pictured) and associates Morten Werner and Sebastian Losch advised on German law matters.
