Teniralc completes the offer to the shareholders in Cary Group and thereby becomes the owner of 98.8 percent of the shares

CVC Funds and Nordic Capital, through the jointly owned company Teniralc BidCo AB (“Teniralc”), announced on 29 June 2022 a public offer to the shareholders in Cary Group Holding AB (publ) (“Cary Group”) to tender any and all shares in Cary Group to Teniralc at a price of SEK 65 in cash per share that was increased to SEK 70 in cash per share on 7 September 2022 (the “Offer”). In connection with Teniralc's announcement of the increased price in the Offer, the independent bid committee of Cary Group's Board of Directors unanimously recommended all shareholders in Cary Group to accept the Offer.

For full access to the press release, please see www.carcare-offer.com