Bruun & Hjejle advises on the establishment of the Coloplast Foundation

Bruun & Hjejle advised Niels Peter Louis-Hansen in connection with the establishment of the Coloplast Foundation and the transfer of his indirect ownership interest in Coloplast A/S to the newly established foundation.

The Coloplast Foundation’s indirect ownership interest in Coloplast A/S represents approximately 18.5% of the share capital and approximately 36.5% of the voting rights. The market value of the indirect ownership interest is approximately DKK 18 billion. The Coloplast Foundation thereby becomes the largest newly established commercial foundation in Denmark in recent times.

The Coloplast Foundation and the Aage and Johanne Louis-Hansen Foundation jointly own Coloplast Holding ApS, which holds just over 29% of the share capital and just over 51% of the voting rights in Coloplast A/S. The ownership structure through the two foundations is intended to ensure long-term and stable ownership of Coloplast A/S. The Coloplast Foundation has exclusively charitable purposes and will be able to support, among other things, public-benefit, scientific and artistic purposes going forward.