On 10 February 2025, Constantinsborg A/S (indirectly owned and controlled by Heartland A/S) (“Heartland”) announced the decision to submit a voluntary cash offer for all shares in FirstFarms A/S (“FirstFarms”), offering a consideration of DKK 84.0 per FirstFarms share (the “Offer”). The Offer values the share capital of FirstFarms at DKK ~1,030m.
ABG Sundal Collier acted as exclusive financial advisor to FirstFarms and its Board of Directors (the “Board”) in evaluating the Offer. The result of this evaluation was announced in a statement by the Board on 17 March 2025, concluding that the Offer is inadequate from a financial point of view to the shareholders of FirstFarms.

Contact

Thomas B. Lindquist

Thomas B. Lindquist

Head of Investment Banking Denmark

thomas.lindquist@abgsc.dk +45 31 24 17 00
Kenneth Egdal Dyrlund

Kenneth Egdal Dyrlund

Investment Banking

Kenneth.Dyrlund@abgsc.dk +45 31 24 17 05
Jakob Hans Jakobsen

Jakob Hans Jakobsen

Investment Banking (ECM)

Jakob.Jakobsen@abgsc.dk +45 31 24 17 09
Kasper Møller

Kasper Møller

Corporate Finance

Kasper.Moller@abgsc.dk +45 35 46 30 68
Martin Haarup Møller

Martin Haarup Møller

Investment Banking

Martin.Moller@abgsc.dk +45 40 20 98 43