Recommended public offer by Nolet for Lucas Bols of EUR 18 per share, resulting in a significant premium of 76%
Nolet and Lucas Bols see unique opportunity to bring two leading global spirits and cocktail companies with a rich heritage under one Dutch flag
Nolet, as long-term, committed and financially strong partner, will enable Lucas Bols to accelerate its growth strategy
The Lucas Bols Company will continue to be based in Amsterdam and to operate with its current name, leadership, route-to-market and other partnerships

Schiedam, Amsterdam, the Netherlands, 9 October 2023 – Nolet Group (“Nolet”) and Lucas Bols N.V. (“Lucas Bols”) are pleased to announce they have reached conditional agreement on an intended recommended public offer by Nolet for all issued and outstanding shares in the capital of the Company (the “Shares”) of EUR 18 per share (cum dividend) in cash (the “Consideration”), valuing 100% of the Shares at approximately EUR 269.5 million. This will create a Dutch champion in the global spirits and cocktail market and preserve valuable heritage and growth potential for the long term. The Consideration represents a premium of approximately 76% to Lucas Bols’ closing price per Share on 6 October 2023 of EUR 10.20. This delivers immediate, certain and attractive value to the shareholders of Lucas Bols. Both parties acknowledge the importance of Nolet acquiring 100% of the Shares, pursuant to the Offer.

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