Niederer Kraft Frey advised Capvis on all aspects of the financing relating to the acquisition of a majority stake in SCHURTER Group.

The transaction on which NKF also advised as the M&A lead counsel for Capvis successfully closed on 6 April 2023 and the full guarantor accession process has been completed on 5 July 2023. The financing has been provided by UBS Switzerland AG, Credit Suisse (Switzerland) Ltd. and other syndicate banks.

Capvis is a specialist in mid-market investments and a well-known Swiss investor. SCHURTER Group, headquartered in Lucerne, with 20 subsidiaries in 17 countries, is a leading manufacturer of components for low voltage safe power supplies, input systems and sophisticated overall electronic solutions. The Group has been in the hands of the Schurter family since its foundation in 1933, whereby the family retains a minority stake.

The NKF team was led by M&A/Finance partner Adrian Koller, working with associate Reto Seiler (M&A/Finance), partner Ulysses von Salis (M&A), senior associate Katalin Siklosi (M&A) and associate Manuel Hirlinger (M&A) as well as partner Marco Häusermann (Finance/Derivates), senior associate Simon Bühler (Finance/Derivates) and partner Markus Kronauer (Tax).


12th July 2023

 

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