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Bär & Karrer Ltd.

BRANDSCHENKESTRASSE 90, 8027 ZÜRICH, SWITZERLAND
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Work +41 58 261 50 00
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Fax +41 58 261 50 01
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www.baerkarrer.ch
Geneva, Lugano, Zug, Zurich

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4 September 2008 - Sale of Koenig Verbindungstechnik AG consummated

September 2008

As per 4 September 2008, the German Klöckner Group, a leading independent European steel and metal distributor, and Capvis Private Equity have closed the sale of Klöckner's Swiss subsidiary König Verbindungstechnik AG to Capvis (deal size > CHF 500 million).

Klöckner & Co AG was advised by Bär & Karrer for all legal aspects. The team comprised partners Christoph Neeracher (lead), Mani Reinert (merger control) and Markus Wang (IP) as well as associates René Schwab, Caroline Möhrle, Luca Jagmetti, Tamer Dürr, Nina Probst and Oliver Brupbacher (not yet admitted). Ernst & Young acted as financial and tax advisor to Klöckner. Capvis was advised by Lenz & Staehelin.

For more information please visit www.baerkarrer.ch    

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