SNP announces Carlyle investment agreement and voluntary takeover offer

SNP and Carlyle-controlled Succession German Bidco signed an investment agreement and announced a €61-per-share voluntary takeover offer. The bidder also agreed to acquire Wolfgang Marguerre’s 65.19% stake and obtained undertakings for another 11.06%. The initial announcement was on 23 December 2024; Carlyle announced completion on 10 April 2025.