Xonnel AG sold its timber trading business "Küchler" to Woodpecker Holding AG, a group of leading timber trading companies in Switzerland. Küchler is a heritage brand in the timber trading sector since 1832.

Bär & Karrer acted as legal advisor to Xonnel in this transaction. The team included Christoph Neeracher, Raphael Annasohn and Raphael Egger (all M&A), Charles Gschwind (Real Estate) and Susanne Schreiber (Tax) as well as Michael Rohrer (Notary).