PR97244

LONDON, July 28, 2022 / PRNewswire=KYODO JBN/ --

Atalian Holding Development & Strategy ("AHDS"), the majority shareholder of La

Financiere Atalian ("Atalian"), and the minority shareholders of Atalian, have

received a binding and irrevocable offer from Clayton, Dubilier & Rice

("CD&R"), a global private investment firm, for the acquisition by CD&R of the

entire share capital and voting rights of Atalian, one of the world leaders in

facility management.

The proposed transaction will be submitted for consultation to the competent

workers' councils. After such consultations and the acceptance of CD&R's offer

by the shareholders of Atalian, the completion of the proposed transaction will

be subject to customary conditions, including regulatory and competition

authority approvals and the completion of the acquisition by CD&R of OCS

International Limited, an international facilities management company

headquartered in the United Kingdom and operating mainly in the United Kingdom

and the Asia Pacific region.

At the closing of the proposed transaction, and subject to the above-mentioned

conditions, Atalian will redeem in full the senior notes due 2024 and 2025 in

accordance with the optional redemption provisions of the relevant indentures.

The closing of the proposed transaction is expected by the end of 2022.

Atalian shareholders are advised by Blitzer, Clancy & Company (financial

advisor), Cleary Gottlieb Steen & Hamilton LLP and Cohen & Gresser (legal

counsels), and Boury & Company (senior advisor), in connection with the

proposed transaction. Vendor due diligence has been conducted by EY (financial,

legal, social and tax) and Deloitte Monitor (commercial).

About Atalian

With a turnover of 2.946 billion euros, more than 123,000 employees in 35

countries across 4 continents, Atalian is one of the world's largest

independent services provider in facility management. With more than 32,000

clients in the public and private sectors, the Company offers cleaning,

security, technical services, energy management and compliance, catering, front

of house.

About CD&R

Founded in 1978, Clayton, Dubilier & Rice is a private investment firm with a

strategy predicated on building stronger, more profitable businesses. Since

inception, CD&R has managed the investment of more than $40 billion in more

than 100 companies with an aggregate transaction value of more than $175

billion. The Firm has offices in New York and London.

For more information, please visit www.cdr-inc.com .

SOURCE: Atalian