The UK-listed Diploma PLC, a global value-added distributor specializing in controls, seals, and life sciences, has divested its subsidiary Kubo Tech AG to Polygena AG, a Swiss-based industrial group backed by Helvetica Capital. Kubo Tech, headquartered in Switzerland, is a manufacturer and distributor of high-performance sealing solutions and molded rubber parts for a diverse range of demanding OEM market segments, including medical technology, watchmaking, food processing, machinery, energy, chemical, and general industry.

Bär & Karrer acted as legal counsel to Diploma in this transaction. The team was co-led by Christoph Neeracher and Luca Jagmetti and included Sacha Kanoff and Floris Zuur (all Corporate/M&A), Susanne Schreiber and Martin Leu (both Tax), Mani Reinert and Tim Meyer (both Antitrust) as well as Corrado Rampini and Rocco Rigozzi (both Real Estate).