Niederer Kraft Frey AG

Niederer Kraft Frey AG

News and developments

Axpo sold minority stake in Axpo Volt Beteiligung AG to BVK

Niederer Kraft Frey advised Axpo Holding AG on the sale of a minority stake in Axpo Volt Beteiligung AG to BVK.

Axpo Volt Beteiligung AG, which was fully held by Axpo Holding AG prior to this transaction, holds a 31.37 per cent stake in the national grid company Swissgrid. By selling a 49.9 per cent stake in Axpo Volt Beteiligung AG to the Swiss pension fund BVK, Axpo and BVK are entering into a long-term partnership.

The NKF team was co-led by Corporate/M&A partners Patrik Peyer and Andreas Casutt, working with associates Binderiya Gan-Ayush and Alexander Göbel and junior associate Tristan Bohn (all Corporate/M&A), partner Daniela Schmucki and senior associate Derya Özdogan (all Tax), partner Nicolas Birkhäuser (Antitrust) as well as Andrea Rüttimann (Capital Market Regulations).

18th July 2023