SUSE to go private in merger with majority shareholder Marcel, delisting from Frankfurt Stock Exchange

SUSE, a global leader in open-source solutions, has announced plans to go private through a merger with its majority shareholder Marcel LUX III SARL (Marcel). Marcel intends to delist SUSE from the Frankfurt Stock Exchange by merging it into an unlisted Luxembourg entity in the legal form of an S.A.

In conjunction with this move, EQT Private Equity has stated plans to launch a voluntary public purchase offer to SUSE's other shareholders. This offer is intended to acquire their shares prior to the delisting process.

The Management Board and Supervisory Board of SUSE are in support of this strategic move. They believe that the delisting will provide SUSE with the opportunity to concentrate fully on its operational priorities and the execution of its long-term strategy.

Dirk-Peter van Leeuwen, CEO of SUSE, expressed his belief in the strategic opportunity presented by taking the company private. He stated that it provides the right setting for the company's growth and the delivery of its strategy with the new leadership team. He also noted the previous fruitful partnership between EQT Private Equity and SUSE in a private setting, expressing excitement about the long-term potential of the company and the continued collaboration.