Helsana acquires Adcubum

Niederer Kraft Frey AG | View firm profile

15 July 2025

Niederer Kraft Frey advised Helsana Group as legal advisor on the acquisition of Adcubum AG. The closing of the transaction is scheduled for later this year.

Helsana employs around 3’400 people throughout Switzerland and occupies a leading position in the Swiss insurance market with a premium volume of around CHF 8.2 billion. With a broad range of basic, supplementary and accident insurance as well as daily sickness benefits, Helsana protects over 2 million people against the financial consequences of illness, accidents, maternity and the need for care in old age.

Adcubum is the Swiss market leader for software products in the area of health and accident insurance. Its core product is the Adcubum Syrius software, a flexible, modular and cloud-capable system for health, accident and property insurance. In total, Adcubum employs more than 300 highly qualified employees at locations in Switzerland, Germany and Croatia.

Adcubum will remain an independent company. The takeover ensures stability, continuity and innovation for the market-leading Swiss core insurance system Syrius and its customers.

The NKF team was led by Corporate/M&A partner Patrik Peyer, working with partner Moritz Maurer, leading senior associate Alexander Göbel, associates Sabrina Gysi, Melchior Ebener, Pascal Hodel, Alexandra Neuenschwander, Nadine Wanner and junior associate Lukas Christen (all Corporate/M&A), partner Janine Reudt-Demont and associate Luisa Egli (both IP), partner Nicolas Birkhäuser (Antitrust), associate Lukas Poschung (Commercial/Antitrust), associate Antonio Gramunt (Commercial/ Regulatory), associate Reto Seiler (Finance), associate Yannik Bleiker (Real Estate) and associate Lukas Mathis (Disputes).

Lupp & Partner and Vukmir + Associates provided German respectively Croatian legal advice.

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