After meeting all the conditions for the closure of the Crayon purchase operation, Softwareone has confirmed that has completed its voluntary offer Recommended in cash and actions To keep the shares issued and in circulation of Crayonso the company is already yours.
The liquidation has been carried out in accordance with the published notification, and the Shareholders of Crayon have received 69 Norwegian crowns (about 5.80 euros) in cash, and 0.8233 new Softwareone actions for each title they had of Crayon. Secondary Price and the beginning of the negotiation of softwareone actions in the Euronext Oslo Stock Exchange begin today July 3. Softwareone founding shareholders (Daniel Von Stockar, Rene Gilli and Curti AG) have 20.8% of the company’s share capital after the transaction.
Softwareone, yes, does not yet have the actions in the hands of those who did not accept the offer, and intends to achieve them through a forced acquisition. Then it will exclude Crayon from the price in the mentioned stock index, a process that hopes to complete throughout this July.
The combined company product of the transaction, which will continue to operate with the name of Softwareone, has a presence in more than 70 countries and some 13,000 employees. The integration between the two companies is supported by an established governance structure and a preparation initiated at the beginning of the year by joint work groups. Softwareone will have its legal headquarters in Stans (Switzerland), with Oslo as a key center for commercial activities and various strategic functions.
This planning has encompassed key functions and areas, such as strategy, sales and marketing, employees and culture, IT and finance, among others. In it, different experts have intervened in processes after a fusion, both internal and external.
The new Softwareone Executive Committee will be headed by two CEOs: Raphael ERB and Melissa Mullholland. In addition to meeting the objectives of synergies, the integration process will include the implementation of a joint operational model, the harmonization of the commercial strategy. and the offer, the integration of technological systems and the consolidation of legal structures in countries that there is a double presence.
Raphael Erb, Co-CEO of Softwareonehe pointed out that in the company they have marked an important milestone «With the Union of Softwareone and Crayon, two leading global suppliers in software and cloud solutions. Together, we offer an unprecedented global presence, with a solid local scope and an expanded value proposal to provide exceptional service to our customers. Our shared vision, focused on customer success and innovation, opens new growth opportunities in a sector that quickly evolves in the era of artificial intelligence ».
Melissa Mullholland, Co-CEO de SoftwareOnestressed that «al Start this new chapter together, we are excited and prepared for day 1. Thanks to our teams, our experience and capabilities, as well as solid alliances with the main Hyperscalers, we are in an unbeatable position to accompany our clients in their digital transformation processes. It is a unique moment to unlock new opportunities and generate significant value for all our interest groups ».
