News and developments

Press Releases

Vontobel places new usd 400 million at1 bonds

Vontobel has successfully placed new Additional Tier 1 bonds (AT1 bonds) with a nominal value of USD 400 million in two tranches of USD 200 million and a denomination of USD 200,000 each with funds managed by Apollo Global Management.

21 March 2024

Press Releases

Bär & karrer advised the farner group on the expansion of its agency alliance "team farner" with the skills group

The Farner group, a portfolio company of Waterland Private Equity, partnered with The Skills Group to expand its agency alliance "Team Farner". The Vienna-based The Skills Group including its subsidiaries datenwerk and All Channels Communication Austria is a full-service PR agency with a focus on strategic consulting and positioning as well as public relations and crisis communications.

09 May 2023

Press Releases

Claudia götz staehelin and oliver m. Brupbacher join bär & karrer

Bär & Karrer is pleased to announce that Dr. Claudia Götz Staehelin and Dr. Oliver M. Brupbacher will join the firm as Partners. Claudia and Oliver will substantially reinforce the capabilities in our Basel Office and of Bär & Karrer at large. We are convinced that we will be able to significantly increase our footprint in both the Internal Investigation field and in a key industry, the Life Sciences and Healthcare sector. Associates Djamila Batache and Marlen Schultze will be joining the firm alongside them.

27 April 2023

Press Releases

Ubs to acquire credit suisse

Following discussions initiated jointly by the Swiss Federal Department of Finance, the Swiss Financial Market Supervisory Authority FINMA and the Swiss National Bank, UBS has entered into an all-share transaction for the acquisition of 100% of Credit Suisse. Under the terms of such transaction, Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares. The combination will further strengthen UBS's position as the leading Swiss-based global wealth manager (with more than CHF 3.1 trillion of assets under management) and reinforce its standing as the leading universal bank in Switzerland. In order to facilitate a timely implementation of the transaction, the Swiss Federal Council has decided that it would not be subject to shareholder approval by enacting an emergency ordinance to that effect. 

28 March 2023

Press Releases

Bär & karrer advised cimo in the negotiations with the swiss confederation regarding the use of a reserve power plant

CIMO Compagnie industrielle de Monthey SA entered into an agreement with the Swiss Confederation, under which the latter may use the thermic power plant Thermatel in Monthey as strategic backup source in case of electricity shortfalls. The power plant is already available in winter 2022/23 and currently provides approx. 40 MW of power. After a planned overhaul, the plant is expected to provide approx. 50 MW of power.

14 March 2023

Press Releases

Bär & karrer advised the eastman group on the acquisition of willson

The Eastman Group, an internationally operating manufacturer of musical instruments, acquired the music manufacturing business from WILLSON Band Instruments Switzerland AG.  Willson is a Swiss manufacturer of handmade, high-quality musical instruments.

07 March 2023

Press Releases

Bär & karrer advises horn & company on the acquisition of gem consulting

Horn & Company, a portfolio company of Waterland Private Equity, has entered into a quota purchase agreement in order to acquire GEM Consulting GmbH from its founders. This transaction enables Horn & Company – in cooperation with the founders – to expand and strengthen its management consulting services in the banking and insurance sector in Switzerland as well as in Germany and Austria. The transaction will be completed in the upcoming weeks.

03 March 2023

Press Releases

Bär & karrer advises clayton, dubilier & rice on usd 7 billion take-private acquisition of focus financial partners.

Clayton, Dubilier & Rice ("CD&R"), Stone Point Capital LLC and Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced on 27 February 2023 that Focus and CD&R have entered into a definitive agreement for Focus to be acquired by affiliates of CD&R in an all-cash transaction valued at an enterprise value of over USD 7 billion. The transaction is expected to close in the third quarter of 2023. Focus will cease to be a publicly traded company upon consummation of the transaction. Closing of the transaction is subject to regulatory approvals.

02 March 2023

Press Releases

Bär & karrer advised cavotec on its directed share issue

Cavotec SA successfully placed 12,452,830 shares at a subscription price of SEK 13.25 per share, entailing raising proceeds of approximately SEK 165 million. The subscription price was determined through an accelerated book building process. The proceeds of the placement will be used to increase financial flexibility to sup-port the company to execute on its strong order book, growth plans and in addi-tion strengthen the Company’s financial position by reducing net debt. Skandina-viska Enskilda Banken AB acted as the sole bookrunner. The capital increase is subject to approval by an extraordinary general meeting of Cavotec. 

02 March 2023

Press Releases

Bär & karrer advises the sellers on the sale of a majority stake in norline group

The shareholders of Norline AG have entered into a share purchase agreement regarding the sale of the majority in Norline Group to Argos Wityu, an independent European private equity firm. Norline is the largest provider of outsourcing services in the heating, ventilation, air conditioning and plumbing (HVAC) sector in Switzerland. The transaction will be completed in the upcoming weeks.

15 February 2023

Press Releases

Bär & karrer advised rqm+ on the acquisition of giotto compliance

RQM+, the world's leading MedTech service provider, announced the acquisition of Giotto Compliance from Giotto.ai. Giotto Compliance is a global, all-in-one artificial intelligence (AI) platform designed to increase the efficiency and effectiveness of regulatory reports and filings across the product development lifecycle for medical device and in vitro diagnostics manufacturers.

14 February 2023

Press Releases

Bär & karrer advised the farner group on the expansion of its agency alliance "team farner" with komm.Passion and kirchhoff consult

The Farner group, a portfolio company of Waterland Private Equity, partnered with the German agencies komm.passion and Kirchhoff Consult to expand its agency alliance "Team Farner". The komm.passion specializes in the interface between creative agency and management consultancy. The Hamburg-based Kirchhoff Consult offers financial and corporate communications services with a focus on capital markets, reporting, investor/public relations, IPO advisory and sustainability.

14 February 2023

Press Releases

Bär & karrer advised mister loo in financing round

The Swiss headquartered start-up Mister Loo has completed its Series A financing round over five million USD through the investors Silverhorn SPC Ltd and responsibility Investments AG. The company offers digital public sanitary and healthcare solutions and has facilities in 70 areas of Thailand, Indonesia and Vietnam, preparing to expand into further regions in Asia.

07 February 2023

Press Releases

Bär & karrer advised the farner group on the expansion of its agency alliance "team farner" with the vim and kobza media group

The Farner group, a portfolio company of Waterland Private Equity, partnered with the VIM Group and the Kobza Media Group to expand its agency alliance "Team Farner". The Dutch-based VIM Group is a market leader in topics such as brand change and improving brand performance. The Vienna-based Kobza Media Group operates in the fields of strategy, branding, advertising, design, digital, PR content, video production and platforms.

11 January 2023

Press Releases

Bär & karrer advised elca cloud services on its merger with everyware

ELCA Cloud Services SA, a fully-owned subsidiary of the ELCA Group, founded in 2020 to become one of the leading providers of Cloud computing services in Switzerland, has concluded a merger with EveryWare AG, a B2B cloud, data center and network infrastructures provider in German-speaking Switzerland. ELCA Cloud Services and EveryWare are joining forces to create one of the leading independent Swiss Cloud and IT service providers for private and public companies in Switzerland. The two business entities will continue to be independent and led by their current management and keep all of their employees in their respective teams.

11 January 2023

Press Releases

Bär & karrer advised investindustrial on its investment in medical technology and devices group

Investindustrial – a leading European group in the field of private equity has signed an agreement through one of its investment vehicles for the entry of QuattroR SGR into the capital of MTD - Medical Technology and Devices Group, an international group active in the design and manufacture of medical devices for home and professional care. Investindustrial and QuattroR will support MTD in expanding its product offerings and strengthening its presence in Europe and strategic markets in the United States.

11 January 2023

Press Releases

100% takeover of bank linth llb by liechtensteinische landesbank completed

After the settlement of the public tender offer by Liechtensteinische Landesbank Aktiengesellschaft, for all publicly held registered shares of Bank Linth LLB AG, Liechtensteinische Landesbank on 24 May 2022 filed, based on art. 137 FMIA, a claim for the cancellation of all Bank Linth shares remaining in public with the competent commercial court of the Canton of St. Gallen. With judgment dated 9 December 2022, the commercial court of the Canton of St. Gallen declared all Bank Linth shares remaining in public cancelled and the judgment came into legal force on 15 December 2022.

11 January 2023

Press Releases

Bär & karrer advises duck creek technologies on the acquisition of imburse

Duck Creek Technologies (Boston, USA) has entered into a share purchase agreement regarding the acquisition of the shares of Imburse AG from its founders and investors. Imburse is a Swiss based developer and provider of a modern payments platform for the insurance industry.

11 January 2023

Press Releases

Bär & karrer advised interogo holding on pre-ipo investment in abb e-mobility

The long-term equity strategy fund of Interogo Holding is a foundation-owned international investment group based in Switzerland. Bär & Karrer advised the fund in connection with an investment related to the CHF 200 million pre-IPO placements of ABB E-Mobility. ABB E-Mobility is a global leader in electric vehicle (EV) charging solutions.

05 December 2022

Press Releases

Bär & karrer extends its leadership with new partners and counsel

Bär & Karrer is pleased to announce the election of Matthias Bizzarro and Massimo Chiasera to the firm's partnership and Martina Athanas as counsel, effective as of 1 January 2023. With these appointments, the practice areas litigation, internal investigations, tax, private clients and white collar crime will be strengthened and benefit from the deep know-how and excellent reputation of these three lawyers.

21 November 2022

Press Releases

Bär & karrer advised met group on the entering into a joint venture with keppel infrastructure to pursue western european renewable energy opportunities

On 16 November 2022, MET Holding AG (MET Group), a Swiss based integrated European energy company, and Keppel Infrastructure Holding Pte Ltd (Keppel), a wholly-owned subsidiary of Keppel Corporation, a Singapore flagship multinational company providing solutions for sustainable urbanization, announced that they have formed a Swiss joint venture company to pursue renewable energy opportunities in Western Europe. The joint venture serves as the next phase of the strategic partnership since 2020 between MET Group and Keppel and was seeded with an initial portfolio of 213 MW of early-stage solar projects in Italy from MET Group. The joint venture will invest in both greenfield and brownfield solar and onshore wind assets across Western Europe with a target to scale up rapidly to at least 1 GW of operating and ready-to-build renewable energy projects.

21 November 2022

Press Releases

Swiss private banks arab bank switzerland and gonet & cie enter into a strategic business partnership

Arab Bank (Switzerland) Ltd., a Geneva-based bank created by Jordanian shareholders in 1960, and Gonet & Cie SA, a Swiss private bank founded in Geneva in 1845, entered into a strategic business partnership. Arab Bank Switzerland will acquire a majority stake in the family holding company owning Gonet & Cie and the two banks will combine their offer of products and services, while remaining autonomous banks with their respective name, staff and banking license. The new banking group will be a major actor in the Swiss wealth management industry, with assets under management in excess of CHF 10 billion. The transaction is subject to the approval of the relevant regulatory bodies and is expected to close during the first quarter of 2023.

18 November 2022

Press Releases

Bär & karrer advises the harting entrepreneurial family on the acquisition of studer cables

Bär & Karrer advised the Harting entrepreneurial family on the acquisition of Studer Cables AG. A strategic partnership with the HARTING Technology Group is forming part of the acquisition of Studer Cables' parent company HC Holding Epsilon AG by the Harting entrepreneurial family. Both parties agreed not to disclose the purchase price.

08 November 2022

Press Releases

Bär & karrer advises lupa in connection with a rights offering of mch group

On 5 September 2022, Lupa Investment Holdings, LP, New York, USA, and MCH Group AG, Basel, Switzerland, have entered into a commitment agreement in which Lupa committed to purchase a certain number of new shares in connection with a rights offering of MCH Group. The capital increase was completed on 12 October 2022 and MCH Group raised gross proceeds totalling CHF 76.9 million. Upon completion of the capital increase, Lupa's shareholding in MCH Group increased to 38.52%.

08 November 2022

Press Releases

Bär & karrer advised infront on the acquisition of assetmax

Infront AS has signed an agreement for the acquisition of Assetmax AG. Assetmax is a leading Swiss service provider for independent asset managers, family offices and banks developing software for integrated multi-custody portfolio management, client relationship management, invoicing and reporting. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe. The transaction is expected to be completed by the end of September at the latest and is subject to customary conditions.

05 October 2022

Press Releases

Bär & karrer advises intershop on the sale of «aupark» in wädenswil

Bär & Karrer Advises Intershop on the Sale of «AuPark» in Wädenswil Intershop sold the development property "AuPark" in Wädenswil to Swiss Life AG on 19 August 2022 for a purchase price of CHF 190 million. A development with five residential and commercial buildings and around 230 apartments is planned on the site. The building permit for the project has already been granted. In addition, the Canton of Zurich is planning to build a new cantonal school on the neighbouring plot. Bär & Karrer provided legal and tax advice to Intershop on this transaction. The team included Corrado Rampini and Kilian Müller (both Real Estate) as well as Cyrill Diefenbacher and Elena Kumashova (both Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

05 October 2022

Press Releases

Bär & karrer advises archroma (sk capital) on the acquisition of huntsman's textile effects division

Archroma, a portfolio company of SK Capital Partners, has entered into a definitive agreement with Huntsman Corporation to acquire Huntsman's Textile Effects division. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the first half of 2023.Bär & Karrer acts as Swiss legal advisor to Archroma in this transaction.

16 August 2022

Press Releases

Bär & karrer advised sportradar on the set-up of a joint venture with ringier

Sportradar Group AG (NASDAQ: SRAD) (Sportradar), a global leading provider of sports data and content, established a joint venture with Ringier AG (Ringier), a Swiss technology and media company. With the joint venture, Sportradar and Ringier aspire to put sports fans in Africa, a dynamic market with high potential in the global sports industry, closer in touch with their favorite sports. The joint venture combines Ringier's media competence with Sportradar's sports data and product portfolio and builds upon a long-standing cooperation between the two Swiss-based companies.

09 August 2022

Press Releases

Bär & karrer successfully represented a former uefa ethics and disciplinary inspector before the swiss federal supreme court

Two former UEFA ethics and disciplinary inspectors have been acquitted in a lawsuit against the former president of a European football club and another person close to the club. The Swiss Federal Supreme Court confirmed the acquittal decision of the Cantonal Court of Vaud issued within the ambit of the fight against match fixing, which followed a criminal complaint from the two abovementioned individuals against two UEFA ethics and disciplinary inspectors. The Swiss Federal Supreme Court recognized that the former ethics and disciplinary inspectors were not guilty of defamation when they had identified these individuals as organizers of match-fixing in a disciplinary investigation report to the attention of UEFA.

03 August 2022

Press Releases

Bär & karrer advised romande energie holding on first green bond issuance

On 15 July 2022, Romande Energie Holding SA made its first green bond issuance. The bonds are listed on the SIX Swiss Exchange, in an aggregate amount of CHF 100 million, with a maturity in 2037. The issuance was made according to the Green Bond Principles published by the International Capital Market Association. The proceeds of the bond issue are to be applied according to the Green Finance Framework published by the issuer on its website.

20 July 2022

Press Releases

Bär & karrer advises valora regarding the public tender offer of femsa

On 4 July 2022, Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), Monterrey, Mexico and Valora Holding AG, Muttenz, Switzerland, have entered into an agreement on the terms and conditions of a combination by way of a public tender offer by FEMSA for all publicly held registered shares of Valora. FEMSA offers CHF 260 in cash for each registered share of Valora, which corresponds to a transaction volume of around CHF 1.1 billion. The board of directors of Valora recommends to its shareholders to accept FEMSA's public tender offer.

11 July 2022

Press Releases

Bär & karrer advises the shareholder on the sale of home service

Zurich, 28 June 2022 The shareholder of Home Service has sold his shares to Investis Holding. Home Service is a Swiss based company active in the facility service sector. Bär & Karrer acted as legal advisor to the shareholder of Home Service. The team included Christoph Neeracher, Philippe Seiler, Thomas Rohde and Luca Tarzia (all M&A) as well as Susanne Schreiber and Julian Hodel (both Tax).

29 June 2022

Press Releases

Bär & karrer advises firmenich in its merger with dsm

On 31 May 2022, DSM and Firmenich announced a cross-border merger-of-equals which unites two iconic companies into a leading creation and innovation partner in nutrition, beauty and well-being. The new parent company will be located in Switzerland and listed on Euronext Amsterdam.

07 June 2022

Press Releases

Bär & karrer advises quaestor coach on the combination of investarit with diem client partner

Quaestor Coach, an independent private equity group specializing in a buy-and build in discretionary wealth management, announced today that Investarit, a Zurich-based international wealth management boutique and partner for comprehensive asset management services, joins forces with Diem Client Partner, a Zurich-based independent wealth management boutique for high net-worth individuals and institutional investors. The investment in Investarit follows Quaestor Coach's initial acquisition of Diem Client Partner in December 2021.

07 June 2022

Press Releases

Bär & karrer advised guess europe on its eur 250 million sustainabilitylinked revolving credit facility

Guess Europe Sagl have entered into a EUR 250 million sustainability-linked revolving credit facility with UBS Switzerland AG as Mandated Lead Arranger, Joint Bookrunner, Sustainability Coordinator, Agent and Lender and with Credit Suisse (Schweiz) AG as Mandated Lead Arranger, Joint Bookrunner and Lender as well as additional international banks as part of a syndicate.

25 May 2022

Press Releases

Bär & karrer advised sumex on its strategic partnership with secon

Sumex AG, a fully-owned subsidiary of the ELCA Group, the Swiss leader in engineering, development and business solutions, has concluded a strategic partnership with Secon AG, a process and data specialist for core insurance business. Sumex is acquiring a controlling stake in Secon to create the leading technology solution provider in Switzerland for the health insurance market.

18 May 2022

Press Releases

Bär & karrer advises the sellers on the sale of confinale group

The owners of Confinale Corp. sold Confinale, a Swiss-based consulting specialist for digital banking and solution for wealth management, to the strategic buyer HCL Technologies. The acquisition is subject to customary closing conditions, which are expected to be completed in the next few weeks.

13 May 2022

Press Releases

Bär & karrer advised kooky in financing round

The start-up kooky has completed financing round of over six million Euro. In addition to lead investor UVC Partners various other investors have joined. kooky focuses on replacing single-use with reusable products. The Swiss start-up developed the first intelligent reusable cup system with its own digital return infrastructure.

13 April 2022

Press Releases

Bär & karrer advised as equity partners on the acquisition of swiss post solutions (sps)

AS Equity Partners acquired the SPS Group from Die Schweizerische Post AG (Swiss Post). SPS is a global full-service provider of physical and digital document management and provides a comprehensive suite of Document Processing and Business Process Services. AS Equity Partners exclusively targets control investments in the lower to middle-market for software, technology, and technology enabled businesses across Europe.

05 April 2022

Press Releases

Bär & karrer advises swiss entrepreneurs on the acquisition of werap group

The entrepreneurial couple Dr. Sara and Christoph Hürlimann as well as Peter Huber acquired the Werap Group headquartered in Bubikon from its founder Konrad Frischknecht as part of a succession planning arrangement. The Werap Group is a center of excellence for electronic products (EMS), rewinding goods, cable assembly and trading in power supplies.

04 April 2022

Press Releases

Bär & karrer advised eppendorf on its investment in bigomics analytics

Eppendorf, a leading life science company that develops, produces and distributes products and services for the use in laboratories worldwide, made an investment in BigOmics Analytics, a Swiss biodata analytics start-up company, as part of their Pre-Series A financing round.

30 March 2022