The sale process
What is involved in the sale process? Whole process could take between 4 and 6 months.
Initial contact / discussion
Speedy examination of GESCO’s fundamental interest in purchasing
Management presentation and factory tour
Detailed internal participation check by GESCO
Discussing acquisition modalities with the entrepreneur
Submission of an initial indicative offer
Discussion of the indicative offer and evaluation of the results
Answering questions
Start of the external legal, taxation, financial and, where appropriate, environmental and market review (due diligence)
Final investment decision by GESCO SE’s Supervisory Board
Opening of negotiations on the purchase agreements and other agreements
Concluding agreement negotiations and signing
Possible processing of conditions precedent
Effectiveness of the purchase agreement
(closing) and payment of the purchase price
The process is closed