Bär & Karrer Ltd. | View firm profile
CVC Fund VI has agreed to acquire an 80% stake in
Breitling, a leading independent, family-owned manufacturer of Swiss luxury
watches. As part of the transaction, Théodore Schneider will re-invest for a
20% shareholding in Breitling. Closing of the transaction is subject to
approval by the relevant competition authorities.
Bär & Karrer acted as Swiss legal advisor to CVC
in this transaction. The team included Christoph Neeracher, Luca Jagmetti, Beda
Kaufmann, Philippe Seiler, Yves Suter, Charles Gschwind, Célia Jimenez, Sabrina
Schalcher and Raphael Egger (all M&A), Till Spillmann and Adrian Koller
(both Financing), Susanne Schreiber and Laurent Riedweg (both Tax), Markus Wang
and Jonas Bornhauser (both IP) as well as Mani Reinert (Competition).
CVC Fund VI has agreed to acquire an 80% stake in
Breitling, a leading independent, family-owned manufacturer of Swiss luxury
watches. As part of the transaction, Théodore Schneider will re-invest for a
20% shareholding in Breitling. Closing of the transaction is subject to
approval by the relevant competition authorities.
Bär & Karrer acted as Swiss legal advisor to CVC
in this transaction. The team included Christoph Neeracher, Luca Jagmetti, Beda
Kaufmann, Philippe Seiler, Yves Suter, Charles Gschwind, Célia Jimenez, Sabrina
Schalcher and Raphael Egger (all M&A), Till Spillmann and Adrian Koller
(both Financing), Susanne Schreiber and Laurent Riedweg (both Tax), Markus Wang
and Jonas Bornhauser (both IP) as well as Mani Reinert (Competition).