The Paragon Fund II GmbH & Co. KG has sold its stake in the ASIC Robotics Group to RN Acqui VI SA, Renaissance’s evergreen fund. The ASIC Robotics Group is a leading provider of customized automation and production equipment for industrial manufacturing, assembly, and testing applications.

Bär & Karrer acted as legal advisor to The Paragon Fund II GmbH & Co. KG in this transaction. The team was led by Christoph Neeracher and Therry Lehmann and also included Rahel Brüschweiler (all M&A) as well as Susanne Schreiber and Martin Leu (both tax).

For further information please contact:

Media Relations, Eric Stupp

Tel: +41 58 261 50 00

Email: [email protected]

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