On May 16, 2025, H&R Holding GmbH published its intention to launch a public tender offer for the purchase of all outstanding shares of H&R GmbH & Co. KGaA, ISIN DE000A2E4T77, and published the offer document for a voluntary public tender offer on June 30, 2025, following approval by BaFin. Shareholders will be offered a purchase price of EUR 5.00 per share. The offer is voluntary and will be subject to a minimum acceptance threshold of 85%, including the 61.45% of H&R KGaA shares attributable to Nils Hansen and 6.06% of H&R KGaA shares attributable to Wilhelm Scholten. The aim of the offer is to increase the Hansen family's shareholding from 61.45% to at least 85%.

The General Partner and the Supervisory Board of the Company have each carefully examined and discussed the Offer and issue a "Joint Reasoned Statement of the General Partner and the Supervisory Board of H&R GmbH & Co. KGaA on the voluntary public tender offer by H&R Holding GmbH to the shareholders of H&R GmbH & Co. KGaA":

Joint reasoned Statement, PDF, German only

On August 28, 2025, the bidder published the result of its offer after the expiration of the acceptance period. Under the takeover offer, the bidder secured 7.92% of all outstanding H&R KGaA shares. In addition, during the acceptance period of the takeover offer, the bidder acquired a total of 2.10% of H&R KGaA shares on the stock exchange outside the takeover offer. As a result, H&R Holding GmbH is now attributed a total of 77.54% of all H&R KGaA shares, including the 61.45% of H&R KGaA shares already attributed to Nils Hansen prior to the transaction and 6.06% of H&R KGaA shares attributed to Wilhelm Scholten. Mr. Scholten remains indirectly invested in H&R KGaA at the same proportion.

Settlement of the takeover offer is expected on September 4, 2025.

Further information and publications by H&R Holding GmbH are available at www.chem-offer.com or upon request.