An offer for the entire issued shares would be worth approximately €490m (US$776m) according to data from Reuters.
D+S management said that it supports the bid. Apax has already secured 27% of the company’s capital via undertakings from shareholders and a capital increase.
Apax, through its Pryamus S.a.r.l vehicle based in Luxembourg, has inected €42.5m through a capital increase and has offered €13 per share for the rest of the business.