Bär & Karrer Advises Valora on its Rights Offering

Valora Holding AG completed a capital increase raising net proceeds of approximately CHF 166 million. The capital increase was executed as an "at market" rights offering. The offer price for the new shares was determined following a bookbuilding process for the shares not taken up by existing shareholders. Valora will use the proceeds from the …

Bär & Karrer Advised KKR on a Follow-On Investment in GetYourGuide

KKR, a leading global investment firm, together with other investors, has closed an investment to increase its minority stake in GetYourGuide AG. GetYourGuide is the world's largest online platform for tours, activities and attractions and offers over 31,000 activities in nearly 7,300 destinations.

Bär & Karrer Advises Talbot Holding on its Public Tender Offer for ImmoMentum

On 29 August 2017, Talbot Holding AG, an entity controlled by investment company Actium AG, launched an all cash public tender offer for all listed shares in ImmoMentum AG, a Swiss real estate company listed on BX Berne eXchange invested primarily in residential real estate. With the satisfaction of all offer conditions, the offer was …

Bär & Karrer Advises Orior on the Placement of a CHF 110 Million Inaugural Bond Issue

Orior AG successfully completed the placement of its CHF 110 million inaugural bond issue. The bonds carry a coupon of 0.625% and will mature on 26 September 2023 at par. They have been provisionally admitted to trading at the SIX Swiss Exchange and are expected to be listed there as well. The issue was lead-managed …

Bär & Karrer Advises Muhr und Bender on the Sale of its Stake in Feintool

On 3 October 2017, Dr. Thomas Muhr and Muhr und Bender KG sold their entire stake in Feintool International Holding AG (Feintool) amounting to 616,500 shares of Feintool corresponding to 13.81% of the total share capital of Feintool. The shares were sold to institutional investors through an accelerated bookbuilding process led by Bank Berenberg.

Bär & Karrer Advises Valora on the Acquisition of BackWerk

Valora has signed an agreement to acquire BackWerk from Swedish financial investor EQT. BackWerk is a German-based food service company with over 340 locations mainly in Germany, Austria and the Netherlands. Completion is subject to merger control approval.

Temasek Holdings (Private) Limited, an investment company based in Singapore, sold its stake in Dufr

Temasek Holdings (Private) Limited, an investment company based in Singapore, sold its stake in Dufry AG through its indirect wholly owned subsidiary to the HNA Group. Bär & Karrer acted as legal advisor to Temasek. The team included Thomas U. Reutter, Roland Truffer, Annette Weber and Rebecca Schori (all M&A).

Bär & Karrer Advised Jacobs Holding on the Acquisition of a Majority Stake in OdontoSalute

Colosseum Dental Group, a fully owned portfolio company of Jacobs Holding AG, has acquired 70% of OdontoSalute, an Italian dental clinics group providing dental treatments of any kind through a national network. Colosseum is a leading provider of private dental care in the Scandinavian area, which is now operating in more than 150 clinics in …

Bär & Karrer Advised Cummins on its Joint Venture with Eaton

The global power leader Cummins Inc. announced that it successfully completed the formation of a joint venture with the power management company Eaton, concerning the design, manufacture, sale and support of automated transmissions for heavy-duty and medium-duty commercial vehicles (named Eaton Cummins Automated Transmission Technologies). As part of the transaction, the Swiss company Eaton Cummins …

Bär & Karrer Advised the Sellers of Rotronic

The owners of Rotronic AG, which develops and manufactures measuring technologies, sold the company to funds managed by Battery Ventures. Bär & Karrer acted as legal adviser to the sellers in this transaction. The team included Christoph Neeracher, Thomas Rohde, Philippe Seiler, Yves Suter and Sarah Nyfeler (all M&A), Susanne Schreiber and Cyrill Diefenbacher (both …