SoftwareOne successfully completes its tender offer for Crayon
3. Juli 2025 – SoftwareOne Holding AG (SoftwareOne), a leading global provider for software and cloud solutions, has completed its recommended voluntary share and cash offer for all issued shares in Crayon Group Holding ASA (Crayon). Following fulfilment of the last closing condition, SoftwareOne has settled the offer with accepting Crayon shareholders receiving NOK 69 in cash and 0.8233 newly issued SoftwareOne shares. SoftwareOne has further implemented a compulsory acquisition of the remaining shares in Crayon, followed by a delisting of the Crayon shares from Euronext Oslo Børs, expected to be completed in July 2025.
The new SoftwareOne shares are listed on the SIX Swiss Exchange and secondary listed on Euronext Oslo Børs with trading of the SoftwareOne shares commencing on 3 July 2025, under the ticker SWON. As of 4 July 2025, shareholders in SoftwareOne will be able to cross border transfer shares held in SoftwareOne between Euronext Oslo Børs and the SIX Swiss Exchange, through a deliver/receive free settlement instruction in the settlement system of the Central Security Depository in Norway (CSD).
The combined company will have total revenue of approximately CHF 1.6 billion, presence across 70+ countries and around 13,000 employees. The unified organization will operate under the SoftwareOne name and logo.
Walder Wyss acted as legal advisor to SoftwareOne, with Wikborg Rein advising as to Norwegian law and Freshfields as to regulatory matters. The Walder Wyss team is led by Hans-Jakob Diem (Partner, Corporate/M&A) and Iliana Djagova (Counsel, Corporate/M&A), and includes Dimitrios Berger (Managing Associate, Corporate/M&A), Christian A. Schmid (Senior Associate, Corporate/M&A), Viktoriya Chernaya (Associate, Corporate/M&A) and Melanie Stofer (Junior Lawyer, Corporate/M&A), Armin Mandzuka (Trainee, Corporate/M&A) and Justin Paljuh (Trainee, Corporate/M&A) from our Corporate and M&A Group as well as Thomas Meister (Partner, Tax) from our Tax Team.