The shareholders of Swissbit entered into a share purchase agreement with Ardian regarding the sale of the Swissbit group. Swissbit is a global leader and the only independent European provider of NAND-flash based storage and embedded Internet of Things (IoT) solutions. The transaction is subject to approval by antitrust authorities.

Bär & Karrer acts as legal advisor to the selling shareholders in this transaction. The team includes Christoph Neeracher, Philippe Seiler, Raphael Annasohn, Raphael Egger, Yves Suter, Lukas Bründler and Li Wei Dutler (all M&A), Fanny Sutter (Employment), Markus Wang (IP/IT), Susanne Schreiber and Elena Kumashova (both Tax), Micha Schilling (Finance) as well as Mani Reinert (Competition).