Bär & Karrer Ltd.

L’Oréal, the world leader in beauty, acquires a 10% stake in Galderma Group AG (Galderma),the pure-play dermatology category leader and one of the world’s largest players in injectable aesthetics, from Sunshine SwissCo AG, Abu Dhabi Investment Authority, and Auba Investment Pte. Ltd. (a consortium led by EQT). In addition, L’Oréal and Galderma have agreed to work towards a strategic scientific partnership that will leverage the undisputed expertise of both companies: Galderma's expertise across a broad range of dermatological solutions, and L’Oréal’s expertise in skin biology, diagnostic tools, and evaluation methods. Bär & Karrer is acting as Swiss legal counsel for L’Oréal. The team includes Mariel Hoch, Dieter Dubs, Fabienne Perlini-Frehner, Marlene Lienau, Dominic Leu, Joshua Baisch and Jorim Braun (all Public M&A), Jonas Bornhauser and Giulia Grandi (both IP), Mani Reinert (Antitrust), Raoul Stocker and Patrick Schmid (both Tax).  

EQT X fund acquires a majority stake in Acronis, a leading IT solutions vendor for Managed Service Providers, offering a natively integrated, highly efficient cybersecurity and data protection platform. The transaction is expected to close during the first half of 2025 and is subject to customary regulatory approvals. Bär & Karrer acts as Swiss legal advisor to EQT in this transaction. The team is co-led by Christoph Neeracher and Luca Jagmetti and further includes Dieter Dubs, Philippe Seiler, Sebastian Sutter, Patrick Zumsteg, Sacha Kanoff, and Floris Zuur (all Corporate/M&A), Susanne Schreiber (Tax), Faton Aliu (Financing), Thomas Stoltz, Fabian Turtschi and Özden Omürcan (all Corporate/Notarial Services), Daniel Flühmann (Regulatory), Mani Reinert and Tim Meyer (both Antitrust), Ruth Bloch-Riemer and Stefan Bollinger (both Pension), Laura Widmer and Manuel Schmid (both Employment), Jonas Bornhauser (IP/IT), Rehana Harasgama (Data Protection), as well as Patrick Neher (Real Estate). Milbank acts as international legal advisor to EQT in this transaction.  

Bär & Karrer advises Paragon on the sale of Condecta Group to Swiss Life Asset Managers. Condecta, headquartered in Winterthur, is the market leader for modular systems in Switzerland. The company operates 14 locations in Switzerland as well as additional locations in Germany and Italy.   The closing of the transaction is expected to take place within the next few weeks.  The team at Bär & Karrer is co-led by Christoph Neeracher and Philippe Seiler and includes Elisabeth Rinderknecht and Benjamin Grunwald (all M&A), Susanne Schreiber and Martin Leu (both Tax) as well as Micha Schilling, Faton Aliu, and Nikolaus Lange (all Financing).  The team at Clifford Chance acts as German legal advisor and is led by Volkmar Bruckner and inter alia includes Max Petzelberger and Samuel Frommelt (all M&A).  For further information please contact:  Media Relations, Eric Stupp  Tel: +41 58 261 50 00  Email: [email protected]  Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch. 

The publicly listed Deutsche Beteiligungs AG (DBAG) is investing in the internationally established consulting firm UNITY AG - Aktiengesellschaft für Unternehmensführung und Informationstechnologie (UNITY AG). A fund advised by DBAG has acquired a controlling interest in UNITY AG, although the transaction is still subject to approval by antitrust authorities. Bär & Karrer is acting as legal advisor to DBAG on this investment, in collaboration with Flick Gocke Schaumburg as German tax advisor and Renzenbrink & Partner as legal advisor. The Bär & Karrer team consists of Christoph Neeracher, Philippe Seiler, Carlo Hunter, Kai Bajka, Tomas Bachiller (all M&A), Laura Widmer, Manuel Schmid (Employment Law), and Jonas Bornhauser (Intellectual Property Law), as well as Susanne Schreiber, Martin Leu, and Christina Rüdisühli (all Tax).  

The publicly listed Deutsche Beteiligungs AG (DBAG) is investing in the internationally established consulting firm UNITY AG - Aktiengesellschaft für Unternehmensführung und Informationstechnologie (UNITY AG). A fund advised by DBAG has acquired a controlling interest in UNITY AG, although the transaction is still subject to approval by antitrust authorities. Bär & Karrer is acting as legal advisor to DBAG on this investment, in collaboration with Flick Gocke Schaumburg as German tax advisor and Renzenbrink & Partner as legal advisor. The Bär & Karrer team consists of Christoph Neeracher, Philippe Seiler, Carlo Hunter, Kai Bajka, Tomas Bachiller (all M&A), Laura Widmer, Manuel Schmid (Employment Law), and Jonas Bornhauser (Intellectual Property Law), as well as Susanne Schreiber, Martin Leu, and Christina Rüdisühli (all Tax).  

Bär & Karrer is acting as Swiss legal counsel to Société Générale in the proposed sale of its Swiss private banking unit Société Générale Private Banking (Suisse) SA to Union Bancaire Privée (UBP). The transaction occurs in parallel to the proposed sale of SG Kleinwort Hambros in the UK, for a combined value of €900 million. As of the end of December 2023, the assets under management for the relevant British and Swiss private banking units totaled nearly €25 billion. The proposed sales are a key component of Société Générale's strategic plan to streamline its business model and strengthen its capital base, and is contingent upon regulatory approvals. The Bär & Karrer team, led by Cédric Chapuis, acts alongside international counsel Norton Rose Fulbright and includes key contributions from Ronny Schmid (M&A), Christoph Suter and Alice Johnson (both Tax).  

BuildTec Software, a portfolio company of funds advised by Bregal Unternehmerkapital, acquired all shares in SORBA EDV, a leading provider of specialist construction software in Switzerland. Bär & Karrer acts as legal advisor to BuildTec Software in this transaction. The team is led by Christoph Neeracher and Philippe Seiler and includes Thomas Rohde, Patrick Zumsteg, Dominique Nguyen and Yannick Wohlhauser (all M&A), Raoul Stocker, Anke Stumm and Fabian Capt (all Tax), Markus Wang and Christine Schweikard (both IP/IT), Ruth Bloch-Riemer (Pension), Laura Widmer and Nicola Schön (both Employment) as well as Thomas Stoltz and Fabian Turtschi (both Corporate / Notarial Services).  

Circet Europe, the leading provider of telecom infrastructure services in Europe, headquartered in France, has successfully acquired Isen Tiefbau Group from its founders.Isen Tiefbau Group, based in Otelfingen, Switzerland, specialises in civil engineering with a focus on providing telecommunication infrastructure in the German-speaking part of Switzerland. Isen Tiefbau Group will serve as a strategic platform for Circet in the Swiss market and will support Circet's continued expansion across Europe. Bär & Karrer acted as legal advisor to Circet throughout this transaction. Raphael Annasohn (M&A) led the team which included Lukas Bründler, Julian Lindt, and Luana Stämpfli (all M&A), Susanne Schreiber, Fabian Capt, Aron Liechti, and Leotrim Berisha (all Tax), Rocco Rigozzi (Real Estate), Laura Widmer and Morina Luljeta (both Employment), Christine Schweikard (IP/IT), Ruth Bloch-Riemer (Social Security), Tim Meyer (Competition), Julia Eiholzer (Notarial Services), and Rehana Harasgama (Data Protection).  

Bär & Karrer has advised the Hero Group on the successful sale of its production facility in Lenzburg.  The buyer, Ricola, aims to expand its production capacity to satisfy the high global demand for its products. Ricola is taking over the entire plant while the landmark round office building will remain the property of Hero and serve as headquarters for the Group and Swiss organizations. The staff restaurant will be used jointly by both companies in the future. The Bär & Karrer team is led by Corrado Rampini and includes Corina Moschen and Jennifer Walde (all Real Estate).  

EQT, together with its co-shareholders, has agreed to sell Open Systems to Swiss Post.Open Systems is a leading provider of network and cyber security capabilities in a single cloud-based platform known as Secure Access Service Edge (SASE). The transaction is subject to customary regulatory approval. Bär & Karrer acts as lead counsel alongside Loyens & Loeff (Netherlands), Willkie Farr & Gallagher (Germany), Wuersch & Gering (USA), and Cyril Amarchand Mangaldas (India). The  Bär & Karrer team is co-led by Christoph Neeracher and Luca Jagmetti and further includes Philippe Seiler, Romina Lauper, Lazar Lepir, Sacha Kanoff, and Floris Zuur (all Corporate/M&A), Susanne Schreiber, Fabian Capt, Alessia Suter, Anke Stumm, and Ariane Menzer (all Tax), Mani Reinert and Tim Meyer (both Antitrust), Markus Schott (Regulatory), Ralph Malacrida (Financing), Jonas Bornhauser (IP/IT), Manuel Schmid (Employment), Ruth Bloch-Riemer (Pension), Rocco Rigozzi (Real Estate), as well as Rehana Harasgama (Data Protection).  

Vontobel has signed an agreement to acquire the client book of IHAG Privatbank (IHAG), in Zurich.This supports its strategic ambition to expand its presence in its focus markets, particularly in the DACH region. IHAG Privatbank manages over CHF 3 billion in client assets. Subject to customary closing conditions, the transaction is expected to close first half of 2025 at the latest. Bär & Karrer acts as legal advisor to Vontobel in this transaction. The team is led by Martin Anderson (M&A) and includes Milena Ferro-Luzzi (M&A), Eric Stupp (Banking, Regulatory), Christoph Suter (Tax) and Laura Widmer (Employment).  

TE Connectivity announced the completion of the cross-border merger of TE Connectivity Ltd., a stock corporation organised under the laws of Switzerland listed on the NYSE,into TE Connectivity plc, a public limited company organised under the laws of the Republic of Ireland (NYSE: TEL). The cross-border merger resulted in a change of the place of incorporation for the publicly traded parent company of the TE Group, moving it from Switzerland to Ireland. Bär & Karrer acted as Swiss counsel to TE Connectivity. The team included Ralph Malacrida, Nikolaus Lange, Colin Giezendanner, Dominique Simmen (all Corporate/M&A), Susanne Schreiber, Fabian Capt, Alessia Suter, Elena Kumashova (all Tax), Thomas Stoltz, Fabian Turtschi (all Notarial Services), Micha Schilling (Finance), Corrado Rampini (Real Estate) and Laura Widmer (Employment).  

Summa Equity, a Stockholm-based private equity firm that invests in companies solving global challenges, has acquired NetGuardians, a Swiss-based company specialising in AI-driven fraud prevention and anti-money laundering (AML) solutions. Bär & Karrer is the legal advisor to Summa Equity in this transaction. The team is co-led by Christoph Neeracher and Philippe Seiler, and further includes Luzius Bill, Carlo Hunter, Andrea Ziswiler, Silvan Keiser and Dionis David Antony (all M&A), Mani Reinert and Tim Meyer (Regulatory), Pascal Hachem (Compliance), as well as Markus Wang and Christine Schweikard (both IP/IT).  

On 30 September 2024, UBS Group AG closed the sale of its 100% holding in Credit Suisse Insurance Linked Strategies Ltd ("CSILS") to the CSILS management team led by Niklaus Hilti. The respective agreement was signed in July 2024. CSILS now operates independently from UBS under a new name and will continue to manage the funds and single investor fund mandates. Bär & Karrer acted as Swiss legal advisor to UBS in this transaction. The team included Vera Naegeli and Marie-Cristine Kaptan (both M&A and Corporate & Commercial), Daniel Flühmann and Christina Werren (both Regulatory), Ruth Bloch-Riemer (Pensions and Social Security), Susanne Schreiber and Martin Leu (both Tax) and Laura Widmer (Employment). Freshfields Bruckhaus Deringer acted as international legal advisor to UBS.  

On 11 October 2024, UBS Group AG closed the sale of its indirect 62% holding in Credit Suisse Investment Partners (Schweiz) AG ("CSIP") to the asset manager Bantleon AG. The respective agreement was signed in May 2024. CSIP now operates independently from UBS under a new name. Bär & Karrer acted as Swiss legal advisor to UBS in this transaction. The team was led by Vera Naegeli and included Marie-Cristine Kaptan, Florian Schweighofer and Gabriela Schiltknecht (all M&A and Corporate & Commercial), Daniel Flühmann and Christina Werren (both Regulatory), Ruth Bloch-Riemer (Pensions and Social Security), Susanne Schreiber, Cyrill Diefenbacher and Martin Leu (all Tax) and Laura Widmer (Employment). Freshfields acted as international legal advisor to UBS.  

xFarm Technologies, a European leader in the digitalisation of the agri-food sector, has raised approximately €36 million in a Series C financing round. The new round, which follows the €17 million Series B round in 2022 and the initial €3 million round in 2019, was led by global technology investment firm Partech Impact, through its Impact Growth Fund, which aims to scale up European impact-native technology leaders seeking to solve environmental and social challenges. The round also saw participation from Mouro Capital, a London-based venture capital firm. This latest injection of capital will enable xFarm Technologies to accelerate its expansion across Europe, Turkey, Latin America, India and the US, enhance its services and provide even greater support for the implementation of regenerative agriculture, using models based on artificial intelligence technologies for data analysis. Bär & Karrer serves as legal advisor to xFarm Technologies in this round and previously acted in the same capacity during the first two financing rounds. The team is co-led by Raphael Annasohn and Massimo Vanotti and includes Bryan Bruschi, Lukas Bründler (all Startup, Venture Capital, and Corporate), Sandro Gaggini (Startup, Venture Capital, Corporate and Notarial Services), Matthias Bizzarro (Tax), Silja Fontana (Corporate), and Rocco Rigozzi (Corporate and Notarial Services).  

On 10 October 2024, the City of Bellinzona successfully completed its inaugural issuance of CHF 125 million 1.05 percent bonds due 2035. The bonds have been listed on the SIX Swiss Exchange. Bank Vontobel AG was the sole lead manager for the transaction. Bär & Karrer acted as legal advisor to the City of Bellinzona throughout the whole process. Andrea Ziswiler (Capital Markets) led the team, which included Matthias Bizzarro and Cyrill Diefenbacher (both Tax).  

United Grinding Group purchases Georg Fischer AG's business unit GF Machining Solutions. GF Machining Solutions is one of the world’s leading providers of complete solutions for precision components and tools manufacturers and the mold-making industry. Bär & Karrer acts as legal advisor to United Grinding Group. The team includes Ralph Malacrida and Tim Salz (both M&A and Financing), Faton Aliu and und Jorgos Boulamatsis (both Financing), Dominique Simmen (M&A), Susanne Schreiber, Alessia Suter, Elena Kumashova and Fabian Capt (all Tax), Markus Wang and Christine Schweikard (both IP and IT), Mani Reinert and Tim Meyer (both Competition), Patrick Neher (Real Estate), Laura Widmer and Manuel Schmid (both Employment) as well as Ruth Bloch-Riemer and Stefan Bollinger (both Pensions and Social Security).  

SCIL is a leading pigment solutions provider with a strong global outreach of 85+ countries in the production of high-performance colorants. The Heubach Group has a 200-year history and became the second largest pigment player in the world following the integration of Clariant's pigment business in 2022. The transaction is subject to the fulfilment of customary closing conditions, including approvals from regulators and SCIL shareholders. Bär & Karrer acts as Swiss counsel to SCIL. The team was co-led by Philippe Seiler (M&A) and Susanne Schreiber (Tax) and further included Ronny Schmid and Kai Bajka (both M&A), as well as Fabian Capt and Donjeta Beka (both Tax).  

Netrics, a portfolio company of funds advised by Bregal Unternehmerkapital and one of the largest Swiss providers of cloud and modern workspace solutions, has entered into a partnership with Solify.Solify specializes in Azure-centric Public-Cloud-Services. Bär & Karrer acts as legal advisor to Netrics. The team of Bär & Karrer is led by Christoph Neeracher and Philippe Seiler and includes Lazar Lepir, Luzius Bill and David Mark (all M&A) as well as Susanne Schreiber and Fabian Capt (both Tax).  

GBA Group (GBA) acquired a majority stake in Niutec Holding AG, one of Switzerland's leading private chemical testing laboratories,specializing in the environmental, industrial, and medical technology sectors. Bär & Karrer acted as legal advisor to GBA in this transaction. The team was led by Philippe Seiler and included Romina Lauper, Benjamin Grunwald, Carlo Hunter, Patrick Zumsteg and Kai Bajka (all M&A), Susanne Schreiber and Martin Leu (both Tax), Luljeta Morina (Employment), Rocco Rigozzi and Corina Moschen (both Real Estate), Aliu Faton (Financing), and Christine Schweikard (IP/IT).  

On 19 November 2024, DSM-Firmenich closed the sale of the majority of its indirect stake in Robertet S.A. (EPA: RBT), a manufacturer of flavours,fragrances and natural extracts of aromatic plants and spices with a history of over 200 years. Bär & Karrer acted as Swiss legal advisor to DSM-Firmenich. The team was led by Rolf Watter and included Florian Schweighofer (both M&A and Corporate & Commercial), Susanne Schreiber, Elena Kumashova and Donjeta Beka (all Tax). Bredin Prat acted as French legal advisor and Cravath, Swaine & Moore acted as international legal advisor to DSM-Firmenich.  

Bär & Karrer advised the owners on the sale of Statron AG, an internationally active provider of power supply systems (UPS) as well as battery and energy storage solutions, to Helvetica Capital AG. Bär & Karrer acted as legal advisor to the sellers in this transaction. The team was led by Christoph Neeracher and Philippe Seiler and included Thomas Rohde, Lazar Lepir and Nicolas Meier (all M&A), as well as Raoul Stocker and Fabian Capt (both Tax), Mani Reinert and Tim Meyer (both Antitrust), Rocco Rigozzi and Corina Moschen (both Real Estate) and Markus Schott (Regulatory). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

The UK-listed Diploma PLC, a global value-added distributor specializing in controls, seals, and life sciences,has divested its subsidiary Kubo Tech AG to Polygena AG, a Swiss-based industrial group backed by Helvetica Capital. Kubo Tech, headquartered in Switzerland, is a manufacturer and distributor of high-performance sealing solutions and molded rubber parts for a diverse range of demanding OEM market segments, including medical technology, watchmaking, food processing, machinery, energy, chemical, and general industry. Bär & Karrer acted as legal counsel to Diploma in this transaction. The team was co-led by Christoph Neeracher and Luca Jagmetti and included Sacha Kanoff and Floris Zuur (all Corporate/M&A), Susanne Schreiber and Martin Leu (both Tax), Mani Reinert and Tim Meyer (both Antitrust) as well as Corrado Rampini and Rocco Rigozzi (both Real Estate).  

Raben Group N.V., a European logistic provider specializing in transport and warehousing solutions,has signed an agreement to partner with Sieber Transport AG, a Swiss logistics provider offering a wide range of services worldwide. The two companies are establishing Raben Sieber AG, which will provide an extensive groupage transport network across Switzerland and Europe. Bär & Karrer acts as legal advisor to Raben Group. The team is led by Christoph Neeracher and Philippe Seiler and includes Thomas Rhode, Lazar Lepir and David Mark (all M&A), Luca Jagmetti (Transport Law), Jonas Bornhauser (IP/IT), Marc Paronitti (Employment), Rocco Rigozzi and Patrick Neher (both Real Estate) as well as Tim Meyer (Competition).  

The Empira Group, a leading vertically integrated investment manager specialising in real estate and managing USD 10 billion in assets, will become part of Partners Group,one of the world's leading private markets investment managers. As part of this transaction, Empira will operate as a specialised, independent real estate brand within Partners Group. The transaction is subject to usual regulatory clearances. Bär & Karrer acts as legal advisor to the seller. The team is led by Christoph Neeracher and further includes Philippe Seiler, Luca Jagmetti, Thomas Rohde, Fabienne Perlini-Frehner, Elisabeth Rinderknecht, Benjamin Grunwald, Romina Lauper, Lazar Lepir, Yascha Fengler, Nick Aschwanden, Kai Bajka, Björn Wegberg (all M&A), Susanne Schreiber, Fabian Capt, Ariane Menzer (all Tax), Daniel Flühmann, Christina Werren (both Regulatory), Christian Kunz (Data Protection) as well as Mani Reinert and Tim Meyer (both Merger Control).  

Bär & Karrer advised funds advised by Equistone on the sale of Nokite EcoSmart Water Heating Systems (Guangdong) Co., Ltd., a leading manufacturer of high-quality private-label kitchen fittings, from KWC Group to Franke Asia Sourcing Ltd. Bär & Karrer acted as legal advisor to Equistone in connection with this transaction. The team was co-led by Christoph Neeracher and Philippe Seiler and further included Carlo Hunter, Djawad Kleist and Nicolas Meier (all M&A), Susanne Schreiber, Anke Stumm and Ariane Menzer (all Tax), Markus Wang (IP/IT), Christian Kunz (Data Protection) as well as Mani Reinert and Tim Meyer (both Antitrust).  

The Swiss vehicle manufacturer Aebi Schmidt has announced that it will merge with the U.S. specialty vehicle manufacturer The Shyft Group (NASDAQ: SHYF).The combination will be effected through an all-stock merger, with Shyft's shareholders exchanging their Shyft shares for new Aebi Schmidt shares. Shyft's stock currently trades on the NASDAQ, where the combined company will continue to trade. The transaction is subject to approval by authorities and the shareholders of Aebi Schmidt and Shyft. Bär & Karrer acts as legal advisor to Aebi Schmidt. The team is led by Urs Kägi and Rolf Watter and includes Linus Zweifel, Shu Zhang, Vera Naegeli and Marie-Cristine Kaptan (all Corporate/M&A and Capital Markets) as well as Mani Reinert and Tim Meyer (both Antitrust).  

Communardo Group GmbH, a portfolio company of funds advised by Bregal Unternehmerkapital, has purchased all shares in Mibex Software GmbH.Mibex Software GmbH is a Swiss IT company and a provider of Atlassianpps specialised in DevOps. Bär & Karrer acts as a legal advisor to Communardo Group GmbH. The Bär & Karrer team is led by Christoph Neeracher and Philippe Seiler and further includes Luzius Bill and Silvio Halter (all M&A), Susanne Schreiber, Fabian Capt and Julian Hodel (all Tax), Jonas Bornhauser (IP/IT) as well as Marc Paronitti (Employment).  

The shareholders of kempf und pfaltz histologische diagnostik ag (kempf und pfaltz), a highly specialised Swiss dermatopathology laboratory, have sold their shares to Unilabs, a leading diagnostic services provider. Bär & Karrer acted as legal advisor to the sellers in this transaction. The team was co-led by Christoph Neeracher and Philippe Seiler and included Patrick Zumsteg, Lazar Lepir, Yascha Fengler and David Mark (all M&A) as well as Susanne Schreiber and Fabian Capt (both Tax).

SoftwareOne Holding AG and Crayon Group Holding ASA, two leading global providers of software and cloud solutions, announced that they have agreed to combine the two companies. To this end, SoftwareOne will launch a recommended voluntary public tender offer to acquire all outstanding shares in Crayon, offering a combination of shares in SoftwareOne and cash. After completion of the transaction, the shareholders of Crayon will collectively own up to approximately 1/3 of all SoftwareOne shares. The combined company will be headquartered in Switzerland and listed on SIX Swiss Exchange, but the parties are also exploring the possibility of a dual listing on the Oslo Stock Exchange. Bär & Karrer is acting as Swiss legal counsel for Crayon. The team includes Mariel Hoch, Christoph Neeracher, Urs Kägi, Fabienne Perlini, Marlene Lienau and Jorim Braun (all M&A).  

The shareholder of the family-owned 4B group, the leading Swiss supplier of windows and facades based in Hochdorf (LU), is selling its shares to DOVISTA A/S, an internationally active manufacturer of windows. The transaction is subject to approval by the competent merger control authority. Bär & Karrer acts as legal advisor to the seller in this transaction. The team is co-led by Christoph Neeracher and Philippe Seiler and includes Benjamin Grunwald, Carlo Hunter and Nicolas Meier (all M&A), Corrado Rampini and Corina Moschen (both Real Estate) as well as Mani Reinert and Tim Meyer (both Antitrust).  

United Grinding Group has agreed a EUR 800 million acquisition and working capital credit facility with UBS Switzerland AG (as Mandated Lead Arranger, Sole Underwriter, Bookrunner, Agent, Security Agent and Original Lender) regarding the financing of the acquisition of the GF Machining Solutions business unit of Georg Fischer AG. GF Machining Solutions is one of the world’s leading providers of complete solutions for precision components and tools manufacturers, and the mold-making industry. Bär & Karrer is advising United Grinding Group on this credit financing. The team includes Ralph Malacrida, Faton Aliu, Tim Salz and Jorgos Boulamatsis (all Financing).

nVent Electric plc, a leading global provider of electrical connection and protection solutions,has completed the sale of its Thermal Management business to funds managed by Brookfield Asset Management for a sale price of USD 1.7 billion. Bär & Karrer acted as legal advisor to the seller in this transaction. The team was led by Ralph Malacrida and included Faton Aliu, Jorgos Boulamatsis, Flurina Tesch, Nikolaus Lange (all Financing), Cyrill Diefenbacher, Ruth Bloch-Riemer, Susanne Schreiber (all Tax), Markus Wang (Trademark) as well as Laura Widmer (Employment).  

Swiss Life acquires Zwei Wealth Experts AG, a leading wealth office platform and advisory firm specializing in wealth management for HNWI and institutional clients such as foundations and family offices. Bär & Karrer acts as legal advisor to the sellers in this transaction. The team is led by Christoph Neeracher and further includes Thomas Rohde, Philippe Seiler and Lazar Lepir (all M&A), Susanne Schreiber and Julian Hodel (both Tax) as well as Thomas Stoltz (Notary).

Migros has secured highly experienced new owners for the entire Hotelplan Group. The DERTOUR Group, one of Europe's leading travel providers, is acquiring the travel agency and tour operator businesses in Switzerland, Germany and the UK. At the same time, the HomeToGo Group, publicly listed in Germany, is acquiring the holiday home specialist Interhome. The handover to the new owners is subject to approval by the relevant authorities. Bär & Karrer acts as legal advisor to Migros-Genossenschafts-Bunds in this transaction. The team of Bär & Karrer is co-led by Christoph Neeracher and Luca Jagmetti and includes Benjamin Grunwald, Thomas Rohde, Philippe Seiler, Nicola Schön, Yascha Fengler and David Mark (all M&A), Susanne Schreiber, Patrick Schmid and Aron Liechti (all Tax), Markus Wang and Christine Schweikard (both IP/IT) as well as Mani Reinert and Tim Meyer (both Antitrust).

Bär & Karrer Advises Lohmann & Rauscher on the Purchase of OnlineDoctor Lohmann & Rauscher, an internationally active developer, manufacturer and provider of medical devices and services, has acquired the Swiss OnlineDoctor Group. OnlineDoctor is a market leader for teledermatology in Germany and Switzerland. Through its online platform OnlineDoctor, patients can receive advice from dermatologists in private practice. OnlineDoctor will continue to operate under its current name as a subsidiary of Lohmann & Rauscher with an independent brand. Bär & Karrer acted as legal counsel to Lohmann & Rauscher in this transaction, which was completed in 2024. The team was led by Luca Jagmetti and included Philippe Seiler, Sacha Kanoff and Marc Bär (all Corporate/M&A), Susanne Schreiber, Martin Leu and Julian Hodel (all Tax), Markus Wang, Christine Schweikard and Giulia Grandi (all Regulatory/IP), Manuel Schmid (Employment) as well as Rehana Harasgama (Data Protection).   For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

PAI Partners will become the majority owner of Motel One, with a share of approximately 80% in the operating business. Following the transaction, Dieter Müller, Founder of Motel One, will remain Chairman of the company. Independently of the partnership with PAI Partners, he will continue to develop the previously spun-off real estate arm to further support Motel One growth. Bär & Karrer acted as Swiss legal advisor to PAI Partners in this transaction. The transaction was led by the international team of A&O Shearman. The Bär & Karrer team included Raphael Annasohn and Luana Stämpfli (both M&A) as well as Rocco Rigozzi and Corina Moschen (both Real Estate). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, Switzerland, 28 March 2025 Bank Vontobel AG has successfully issued inaugural CHF 200 million senior bonds. The bonds will be listed and traded on the SIX Swiss Exchange. Bär & Karrer acted as legal advisor to Vontobel. The team included Lukas Roesler (Lead), Annick Pietzonka and Flurina Tesch (both Capital Markets), Susanne Schreiber, Elena Kumashova and Lesia Tüchthuisen (all Tax). For further information please contact:  Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Centre Patronal acquires Trianon AG, a leading Swiss business process outsourcing company, from Schweizerische Mobiliar Versicherungsgesellschaft AG (Mobiliar). Trianon's services include pension fund administration, HR services, and proactive absence management. The transaction is subject to approval by the relevant authorities. Bär & Karrer is acting as legal advisor to Mobiliar in this transaction. The team consists of Cédric Chapuis and Ronny Schmid (both M&A), Christoph Suter and Frédéric Ney (both Tax), Mani Reinert and Martin Werner (both Antitrust), Markus Wang (IP/IT) as well as Christian Kunz and Katharina Schreiber (both Data Protection). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, Switzerland, 12 June 2025 Bär & Karrer advises funds managed by Equistone and other shareholders on the sale of KWC Professional to the France-based DELABIE Group. KWC Professional is a leading designer and manufacturer of fittings and accessories for (semi-)public institutions such as airports, shopping centres, schools, sports and leisure facilities, hospitals and security facilities. Bär & Karrer acts as legal advisor to the sellers in this transaction. The team is being co-led by Christoph Neeracher and Philippe Seiler and further includes Luca Jagmetti, Djawad Kleist, Nicolas Meier and Silvio Halter (all M&A), Susanne Schreiber, Anke Stumm and Ariane Menzer (all Tax), Ralph Malacrida and Faton Aliu (both Financing), Markus Wang (IP/IT), Corrado Rampini (Real Estate) and Mani Reinert as well as Tim Meyer (both Antitrust). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Bär & Karrer legally advised Bächler Feintech AG on the successful sale of its production facility in Matzingen (TG), particularly in drafting the purchase agreement and the final contract negotiations. Bächler Feintech AG will remain in the property until the end of this year. The Bär & Karrer team was led by Rocco Rigozzi and included Corina Moschen (bothReal Estate) and Hanna Brozzo (Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Today, Holcim AG completed the spin-off and public listing of its North American business, Amrize, and Amrize Ltd debuted as independent publicly traded company. The Amrize shares were successfully listed on the New York Stock Exchange and on the SIX Swiss Exchange (SIX). Amrize has been added to the Swiss Market Index (SMI®) and the Swiss Leader Index (SLI®) until at least 19 September 2025, the implementation date of the annual index review of SIX. The spin-off has been effected through a tax-neutral dividend-in-kind distribution of Amrize shares to Holcim shareholders as approved at Holcim's annual general meeting. The spin-off was preceded by the complete legal and structural separation of the Amrize business into a standalone company through a series of transactions. The transaction represents a full capital market separation of Holcim and Amrize. Amrize will be the leading pure-play building solutions company in North America with investment grade ratings, offering advanced building solutions from foundation to rooftop to serve all construction markets. In light of Amrize's market capitalization of about CHF 26 billion (opening price on SIX Swiss Exchange), it was among the largest new listings on the SIX Swiss Exchange and among the largest spin-offs in Switzerland ever. Bär & Karrer has acted as Swiss legal and tax advisor to Holcim and Amrize in the planning and implementation of this transaction, including the corporate governance set-up of Amrize. The team was led by Urs Kägi and Vera Naegeli and included Marie-Cristine Kaptan, Florian Schweighofer, Matthias Tanner, Urs Stürmer and Ann-Kathrin Bühler (all Capital Markets & M&A and Corporate), Susanne Schreiber, Raoul Stocker, Elena Kumashova, Alice Johnson (all Tax), Dieter Dubs (Listed Companies), Lukas Roesler (Finance & Capital Markets), Markus Wang (IP), Laura Widmer (Employment), Thomas Stoltz, Julia Eiholzer (both Notarial Services), Christian Kunz (Data Protection) and Patrick Neher (Real Estate). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

LAS Group sold Pontacol AG, a Swiss manufacturer of thermoplastic adhesive films for industrial applications, to Covestro Deutschland AG, a world-leading manufacturer of high-quality polymer materials. Bär & Karrer acts as legal advisor to LAS Group in this transaction. The team is led by Philippe Seiler and further includes Yascha Fengler, David Mark and Nicolas Meier (all M&A), Susanne Schreiber and Martin Leu (both Tax), Markus Wang and Christine Schweikard (both IP/IT), Christian Kunz and Katharina Schreiber (both Data Protection) as well as Rocco Rigozzi and Corina Moschen (both Real Estate). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

United Grinding Group successfully completes the acquisition of Georg Fischer AG's business unit GF Machining Solutions. GF Machining Solutions is one of the world’s leading providers of complete solutions for precision components and tools manufacturers, and the mould-making industry. Bär & Karrer acted as legal advisor to United Grinding Group. The team included Ralph Malacrida and Tim Salz (both M&A and Financing), Dominique Simmen (M&A), Susanne Schreiber, Alessia Suter and Fabian Capt (all Tax), Markus Wang and Christine Schweikard (both IP and IT), Mani Reinert and Tim Meyer (both Competition), Patrick Neher (Real Estate), Laura Widmer and Manuel Schmid (both Employment), Ruth Bloch-Riemer and Stefan Bollinger (both Pensions and Social Security) as well as Özden Omürcan and Kevin Kögler (both Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer advises funds managed by GENUI and other shareholders on the sale of Labor Team Group to Galenica AG. Labor Team Group is a leading operator of medical laboratories providing individual diagnostics. Bär & Karrer acts as legal advisor to the sellers in this transaction. The team is co-led by Christoph Neeracher and Philippe Seiler and also includes Djawad Kleist, Marlene Lienau, Yascha Fengler, Silvio Halter and Nicolas Meier (all M&A), Susanne Schreiber, Martin Leu, Cyrill Diefenbacher, Fabian Capt and Leotrim Berisha (all Tax), Markus Wang and Christine Schweikard (both IP/IT) and Mani Reinert as well as Tim Meyer (both Antitrust). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

On 1 July 2025, the Swiss specialty vehicle manufacturer Aebi Schmidt announced the successful completion of its merger with The Shyft Group, thereby creating a world-class specialty vehicles leader with sales of approx. USD 2 billion per year and 70 locations worldwide. The shares of the combined Aebi Schmidt Group (NASDAQ: AEBI) started trading on NASDAQ Global Select Market on 1 July 2025 on a "when-issued" basis and on a "regular-way" basis from 2 July 2025. Bär & Karrer acts as legal advisor to Aebi Schmidt. The team is led by Urs Kägi and Rolf Watter and includes Linus Zweifel, Shu Zhang, Vera Naegeli, Marie-Cristine Kaptan and Ann-Kathrin Bühler (all Corporate/M&A and Capital Markets), Mani Reinert and Tim Meyer (both Antitrust), Susanne Schreiber and Elena Kumashova (both Tax), Laura Widmer (Employment) as well as Thomas Stoltz and Julia Eiholzer (both Notary). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer advises White Peaks on the acquisition of pom+ Group from its current management team which will re-invest significantly. pom+Group is the leading consulting and tech-enabled service provider for digitalization and sustainability in real estate in Switzerland. Bär & Karrer acts as legal advisor to the buyer in this transaction. The team is led by Christoph Neeracher and Philippe Seiler and further includes Thomas Rohde, Patrick Zumsteg, Lazar Lepir, Björn Wegberg and Silvio Halter (all M&A), Susanne Schreiber, Anke Stumm, Fabian Capt, Pascal Altherr (all Tax), Markus Wang (IP), Christian Kunz, Katharina Schreiber (both Data Protection), Rocco Rigozzi, Corina Moschen (both Real Estate) as well as Thomas Stoltz, Özden Omürcan and Daniela Guggenbühl (all Notary). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Zurich, 15 July 2025 Bär & Karrer advises TA Associates on the sale of Adcubum AG to Helsana Group. Adcubum AG is the leading provider of health and accident insurance software in Switzerland. Bär & Karrer acts as legal advisor to TA Associates in this transaction. The team is led by Christoph Neeracher and Lukas Bründler and includes Thomas Rohde, Aurèle Bertrand, and Nicolas Meier (all M&A), Susanne Schreiber and Martin Leu (both Tax), Daniel Flühmann (Regulatory), Ralph Malacrida and Dominique Simmen (both Finance), Markus Wang and Christine Schweikard (both IP/IT), Laura Widmer (Employment) as well as Mani Reinert and Tim Meyer (both Antitrust). The Adcubum legal team in this transaction is led by Oliver Kirchner (General Counsel). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Following the announcement of the transaction in November 2024 and the approval of the project by the Swiss Financial Market Supervisory Authority (FINMA), Gonet & Cie SA, a Swiss private bank founded in Geneva in 1845, has completed the acquisition and subsequent merger by absorption of ONE swiss bank SA, a Swiss private bank with offices in Geneva, Lugano and Zurich, and a subsidiary in Dubai. The newly formed entity, operating under the single brand name "Gonet" within the Arab Bank Switzerland Group, manages nearly CHF 12 billion in assets, with a particularly strong presence in Switzerland, and now provides an expanded range of products and services for private and institutional clients. Bär & Karrer acted as legal advisor to Gonet and Arab Bank Switzerland Group throughout the acquisition and merger process. The team was led by Martin Anderson and includes Teymour Bakhtiar (both M&A and Banking), Christoph Suter and Alice Johnson (both Tax) as well as Laura Widmer and Marc Paronitti (both Employment). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer advised Neva SGR, the Intesa Sanpaolo Group’s venture capital company, a full subsidiary of Intesa Sanpaolo Innovation Center, in a CHF 79 million (€84 million) funding round for NUCLIDIUM, a Swiss-German biotechnology company specializing in next-generation radiopharmaceuticals for cancer. The investment will enable NUCLIDIUM to accelerate the development of its innovative proprietary theranostic platform, which provides a combined approach to cancer diagnosis and treatment. Additionally, the company is preparing to expand its worldwide production network, grow its international team, and strengthen strategic collaborations with hospitals and academic centres, initially across Europe and North America. Bär & Karrer acted as Swiss legal advisor to Neva throughout this transaction. The team included Raphael Annasohn, Luana Stämpfli (both Venture Capital/M&A), Matthias Bizzarro (Tax), as well as Özden Omürcan (Notarial Services). Global law firm Dentons supported Neva on Italian law matters with a team led by partner Antonio Legrottaglie, assisted by associate Paolo Piscopo. Neva was also supported by the in-house legal team of the Intesa Sanpaolo Group, Massimiliano Canelli and Marta Cubisino. For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, 25 July 2025 Bär & Karrer advises the shareholders of ensec AG on the sale to Orange Cyberdefense, the cybersecurity subsidiary of the Orange Group. Ensec AG is one of Switzerland's leading providers of cybersecurity services, with recognised expertise in security consulting, system integration and managed security services. Bär & Karrer acted as legal advisor to the shareholders of ensec AG in this transaction. The team at Bär & Karrer was co-led by Christoph Neeracher and Philippe Seiler and included Yascha Fengler and David Mark (all M&A), Raoul Stocker and Fabian Capt (both tax), Markus Wang and Christine Schweikard (both IP/IT) as well as Christian Kunz (Data Protection). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

The future Audi F1 Team and Revolut, the global fintech leader with over 60 million customers, are joining forces in a landmark agreement that will see Revolut become the title partner of the team from the 2026 FIA Formula One World Championship season onward. Bär & Karrer acted as legal advisor to the future Audi F1 Team in this transaction. The team was led by Markus Wang and included Christine Schweikard (both IP & Sports Law) as well as Susanne Schreiber and Sébastien Di Natale (both Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providingMcustomized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch

Zurich, 18 August 2025 Bär & Karrer Advises Advent on Public Tender Offer for u-blox Holding AG On 17 August 2025, ZI Zenith S.à r.l., a European indirect subsidiary of funds managed and/or advised by Advent International, L.P., a leading global private equity investor, published the pre-announcement of a public tender offer to acquire all publicly held shares of u-blox Holding AG, a global provider of leading positioning and short-range communication technologies and services, for a cash consideration of CHF 135.00 per share. The offer price represents a 32.4% premium to the (undistorted) Volume-Weighted Average Price (VWAP) of the last 60 trading days until 14 August 2025, resulting in a valuation of u-blox's equity, on a fully diluted basis, of approximately CHF 1,050 million. The board of directors of u-blox unanimously recommends its shareholders to accept the public tender offer, and u-blox's largest shareholders as well as its board of directors and management team have committed to tender all of their shares. Bär & Karrer acts as Advent's lead legal advisor in this transaction. The team is co-led by Urs Kägi and Dieter Dubs and included Linus Zweifel, Matthias Tanner, Urs Stürmer, Mariel Hoch, Ann-Kathrin Bühler and Ronny Schmid (all Corporate/M&A), Lukas Roesler and Jorgos Boulamatsis (both Financing), Markus Wang and Christine Schweikard (both IP), Laura Widmer and Marc Paronitti (both Employment), Ruth Bloch-Riemer and Sébastien Di Natale (both Social Security), Rocco Rigozzi and Corina Moschen (both Real Estate), Susanne Schreiber (Tax), Mani Reinert and Martin Werner (both Antitrust) as well as Julia Stempfel (Regulatory). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

DBAG Fund VIII, a private equity fund advised by Deutsche Beteiligungs AG (DBAG), has entered into an agreement to aquire MAIT Group from 3i Group plc. The transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2025. Headquartered in Rottweil, Germany, MAIT is a leading IT services provider for mid-market clients in the DACH region, offering digitalization solutions in Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP) and IT services. With over 900 employees across 25 locations in Germany, Austria, Switzerland, and the Benelux countries, the company serves more than 7,000 clients, particularly in the manufacturing sector. Bär & Karrer is acting as Swiss legal advisor to DBAG in this transaction. The team is led by Raphael Annasohn and includes Julian Lindt, Sean Schläpfer and Fabian Uebelhart (all M&A), Sandra Schaffner (Employment), Mani Reinert and Martin Werner (both Competition), as well as Ruth Bloch-Riemer and Sébastien Di Natale (both Pension/Social Security). A&O Shearman, with a team led by Dr. Roman Kasten, is acting as international counsel to DBAG. For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, Switzerland, 9 September 2025 Bär & Karrer advised the shareholders of Tannenwald Holding AG on the acquisition of SPAR Holding AG from SPAR Group Ltd (South Africa). The team was led by Christoph Neeracher and Philippe Seiler and further includes Lukas Bründler, Djawad Kleist and Aurèle Bertrand (all M&A), Raoul Stocker, Fabian Capt and Aaron Liechti (all Tax), Lukas Roesler and Colin Giezendanner (both Financing), Markus Wang and Christine Schweikard (both IP/IT), Rocco Rigozzi and Corina Moschen (both Real Estate), Mani Reinert and Martin Werner (both Antitrust) as well as Laura Widmer and Nicola Schön (both Employment). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, Switzerland, 9 September 2025 ETH Zurich has enacted a revised policy for ETH spin-offs and start-ups and for the first time implemented a dedicated Equity and Licensing Policy. With these measures, ETH establishes a transparent and founder-friendly framework designed to foster entrepreneurial activities of ETH members and enhance technology transfer to the public. In particular, founders can opt for an express licensing process with standard terms to expedite the launch of their venture. The revised framework also grants founders structured access to "E3", ETH's entrepreneurship ecosystem which offers mentorship, training programs, infrastructure access and investor networking opportunities. Bär & Karrer acted as legal advisor to ETH regarding the new regulations. The team was led by Luca Jagmetti and included Markus Wang (IP), Markus Schott (Public Law), Lukas Bründler and Björn Wegberg (both Corporate/M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

SMG Swiss Marketplace Group AG (SMG) was founded in November 2021 as a joint venture between Mobiliar, TX Group, Ringier und General Atlantic. With today's IPO of SMG, Mobiliar is reducing its shareholding to 19.3% and thus remains a significant shareholder in the leading online marketplace in Switzerland. Bär & Karrer acted as legal advisor to Mobiliar in the IPO of SMG. The team was led by Christoph Neeracher and Luca Jagmetti (both M&A) as well as Urs Kägi (Capital Markets) and further included Dieter Dubs, Florian Schweighofer (both Capital Markets), Sebastian Sutter, Aurèle Bertrand (both M&A), Susanne Schreiber, Fabian Capt (both Tax) as well as Mani Reinert (Antitrust). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Gimv and EGS Beteiligungen AG reinforce their strategic support for SpineArt SAthrough the participation in a CHF 25 million capital increase. SpineArt SA is a global medtech innovator specialising in innovative solutions for spinal surgery. Bär & Karrer acted as legal advisor to Gimv in this transaction. The team of Bär & Karrer was led by Christoph Neeracher and Luca Jagmetti and further included Ronny Schmid, Aurèle Bertrand and Silvio Halter (all M&A), Susanne Schreiber and Martin Leu (both tax) as well as Lukas Roesler (financing). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Bär & Karrer advised TeamSystem S.p.A., a leading technology company specialized in digital solutions for management of businesses and professionals, on the acquisition of Arca24.com SA, a Swiss-based software house highly specialized in the development and commercialization of software and innovative services fordigitalization of HR processes, intended for employment agencies, recruitment firms and companies across all sectors. Bär & Karrer acted as Swiss legal advisor to TeamSystem S.p.A. in this transaction. The team was co-led by Paolo Bottini (Tax and M&A) and Andrea Ziswiler (Corporate and M&A) and included Bryan Bruschi and Franco Singenberger (both Corporate and M&A), Luca Castiglioni (Employment), Aron Liechti (Tax) as well as Massimo Vanotti (Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Main Capital Partners, The Hague, Netherlands, is a leading software investor managing private equity funds and is active in the Benelux, DACH, France, the Nordics and the United States. With over 20 years of experience in strengthening its portfolio of software companies as a strategic partner, it has now acquired a majority stake in POLYPOINT AG. POLYPOINT AG, founded in 1986 and headquartered in Bern-Gümligen, Switzerland, is a provider of software solutions for workforce management and resource planning in the healthcare sector. Bär & Karrer acted as legal advisor to Main Capital Partners in this transaction. Raphael Annasohn led the team which included Julian Lindt and Dr. Katarina Skoric (all M&A), Susanne Schreiber, Martin Leu, Alessia Suter and Christina Fricker (all Tax), Faton Aliu and Dominique Simmen (both Financing), Laura Widmer and Nicola Schön (both Employment), Markus Wang and Christine Schweikard (both IP), Christian Kunz and Katharina Cardon (both Data Protection), Ruth Bloch-Riemer and Sébastien Di Natale (both Social Security), Rocco Rigozzi and Corina Moschen (both Real Estate) and Julia Eiholzer (Notarial Services).

The controlling shareholder of Campari Group, Luxembourg-based Lagfin S.C.A., completed through its Swiss branch a strategic investment in logol AG, a Swiss leader in AI and digital transformation focused on AI-driven, mission-critical SaaS solutions for professional services. Lagfin's equity investment marks a significant milestone for logol, providing funds to accelerate the development of EFFE Premium, an advanced wealth management platform designed for large-scale entities such as family offices, foundations, and endowment funds. Bär & Karrer acted as Swiss legal advisor to logol in this transaction. The team was led by Andrea Ziswiler (Corporate and M&A) and included Bryan Bruschi and Franco Singenberger (both Corporate and M&A) and Massimo Vanotti (Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

L’Oréal, the world leader in beauty, acquires an additional 10% stake in Galderma Group AG (Galderma), the pure-play dermatology category leader and one of the world’s largest players in injectable aesthetics, from Sunshine SwissCo AG, Abu Dhabi Investment Authority, and Auba Investment Pte. Ltd. (a consortium led by EQT).  This transaction increases L’Oréal’s strategic stake in Galderma to 20% of the share capital. The transaction will be implemented by way of an off-market block trade with the EQT-led consortium. L’Oréal and Galderma will also explore reinforcing their existing scientific partnership. Bär & Karrer is acting as Swiss legal counsel for L’Oréal. The team includes Mariel Hoch, Dieter Dubs, Fabienne Perlini-Frehner, Marlene Lienau, Dominic Leu, Nick Wälti and Ben Tschigg (all M&A) and Mani Reinert (Antitrust) For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

On 14 August 2025 Tecan Group Ltd. (SIX Swiss Exchange: TECN) successfully issued CHF 150 million 0.85% fixed rate domestic straight bonds due 2030. The bonds are listed and traded on the SIX Swiss Exchange. UBS Investment Bank and Zürcher Kantonalbank acted as joint lead managers, with Bank J. Safra Sarasin serving as co-lead manager. Bär & Karrer acted as legal advisor to Tecan. The team included Lukas Roesler, Ralph Malacrida and Selin Ickin (all Capital Markets and Corporate), as well as Susanne Schreiber and Lesia Tüchthuisen (both Tax).

The Tertianum Group is acquiring Senevita AG. This transaction will see two longstanding Swiss providers in the field of residential care and nursing for the elderly join forces. The Swiss Competition Commission (COMCO) has approved the transaction, which is scheduled to be completed in the first quarter of 2026. Bär & Karrer acts as legal advisor to Tertianum in this transaction. The team was led by Dr. Christoph Neeracher and Dr. Philippe Seiler and consisted of Ronny Schmid, Yascha Fengler, Dr. Luca Jagmetti, Björn Wegberg, Markus G. Mezger, and Leo Schall (all M&A), Susanne Schreiber, Martin Leu, Cyrill Diefenbacher, and Aron Liechti (all Tax), Corrado Rampini, Patrick Neher, Fanny Cattaneo, and Hannah Birchmeier (all Real Estate), Mani Reinert, Martin P. Werner, Li Wei Dutler, and Pietro Calcagni (all Antitrust), Laura Widmer and Luljeta Morina (both Employment), Markus Wang and Christine Schweikard (both IP/IT), Ruth BlochRiemer and Sébastien Di Natale (both Pensions), as well as Lukas Roesler (Financing). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

The US private equity investor SK Capital LP has acquired the Swixx BioPharma Group. The Swixx BioPharma Group is a leading global full-service partner in the distribution of biopharmaceutical products, particularly in Central and Eastern Europe and Latin America. Bär & Karrer is acting as counsel to SK Capital LP in this transaction. The team is led by Christoph Neeracher and Philippe Seiler and also includes Therry Lehmann, Thomas Rohde, Romina Lauper, Rahel Brüschweiler, Markus Mezger, Max Winnenburg (all M&A), Susanne Schreiber, Martin Leu, and Leotrim Berisha (Tax), Markus Wang and Christine Schweikard (IP/IT), Mani Reinert, Li Wei Dutler, and Martin Werner (Competition), Christian Kunz and Katharina Cardon (Data Protection), Markus Schott, Julia Stempfel, and Jan Grossniklaus (Regulatory), Rocco Rigozzi and Patrick Neher (Real Estate), Laura Widmer and Manuel Schmid (Employment), Ralph Malacrida and Colin Giezendanner (Financing), and Mariel Hoch (Public M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, 15 December 2025 Bär & Karrer is pleased to announce the election of Abdul Carrupt, Predrag Sunaric and Stephanie Walter as partners, effective 1 January 2026. Predrag Sunaric specialises in domestic and cross-border litigation as well as arbitration. He advises Swiss and international clients, including individuals and corporations, on complex commercial disputes in sectors such as real estate, insurance, pharmaceuticals, employment, corporate law, and private wealth matters. As both counsel and arbitrator, he is active in both court proceedings and arbitration cases. Stephanie Walter advises and represents Swiss and international banks, insurance companies, asset managers, and other financial institutions in a broad range of regulatory and compliance matters. Her practice includes the licensing of new financial institutions (including FinTech firms) as well as advising on mergers and acquisitions in the financial sector. She frequently acts in internal corporate and regulatory investigations and in enforcement proceedings in Switzerland and abroad. Drawing on her practical experience in the financial services industry, Stephanie brings a strong market- and client-oriented perspective to her work. Abdul Carrupt specialises in white-collar crime, financial litigation, internal investigations, asset recovery, crisis management, and sports arbitration. He advises Swiss and international clients in complex cross-border criminal proceedings, especially in matters of money laundering, anti-bribery, and corruption and leads internal investigations and governance-related crisis work. He also supports clients with cybercrime and digital finance litigation. Senior Partner Susanne Schreiber stated: "We are pleased to announce Predrag, Stephanie, and Abdul's promotion to partners. Their advancement demonstrates our ongoing dedication to developing and retaining talented professionals as our firm continues to grow." For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Omnidocs Group ApS (Denmark), a portfolio company of Main Capital Partners and a provider of document creation software, has acquired all shares in officeatworkAG. officeatwork AG is a provider of document creation solutions. Bär & Karrer acted as legal advisor to Omnidocs Group ApS (Main Capital Partners) in this transaction. The team was led by Raphael Annasohn and included Julian Lindt and Katarina Skoric (all M&A), Susanne Schreiber, Martin Leu, Alessia Suter and Christina Fricker (all Tax), Faton Aliu and Jorgos Boulamatsis (both Financing), Laura Widmer, Sandra Schaffner and Manuel Schmid (all Employment), Markus Wang and Christine Schweikard (both IP), Christian Kunz and Katharina Cardon (both Data Protection), Rocco Rigozzi and Corina Moschen (both Real Estate) and Julia Eiholzer (Notarial Services).

Zurich, Switzerland, 30 December 2025 The Euronext-listed Synergie SE has signed an agreement to acquire a majority stake in House of Flexwork AG. House of Flexwork AG is a leading Swiss staffing agency operating under the brands Induserv, Hardworker and Payroll House, providing temporary and payroll services to a diversified client base. Bär & Karrer advises Synergie Group in this transaction. The team is co-led by Christoph Neeracher and Luca Jagmetti and further includes Ronny Schmid and Markus Mezger (all M&A), Susanne Schreiber, Donjeta Beka and Sandro Berchtold (all Tax), Manuel Schmid (Employment), Dominique Simmen (Financing), Ferdinand Rombach (Data Protection) and Corina Moschen (Real Estate). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Allurity, a leading European group of cybersecurity service providers, acquired Monti Stampa Furrer & Partners Group (MSF Partners), an operational technology (OT) security firm specialized in safeguarding critical business assets and infrastructure including manufacturing plants, hydro dams, energy generation and mining facilities, and other essential systems that societies rely on. The transaction was closed on 31 October 2025. The acquisition strengthens Allurity’s position as a comprehensive cybersecurity group covering the entire cybersecurity lifecycle – from risk identification and prevention to detection, response, and recovery. Becoming part of Allurity gives MSF Partners the strength of a leading European cybersecurity group and access to new markets. Bär & Karrer advised Allurity on all Swiss legal aspects of the transaction, alongside Cederquist as lead counsel. The Bär & Karrer team was co-led by Peter Hsu (M&A/ Banking, Insurance & Finance) and Christian Kunz (Technology & Data Protection) and further included Ferdinand Rombach, Katharina Cardon (both Technology & Data Protection), Christina Y. Werren, Philipp Theiler and Luiza Gjura (all M&A / Banking, Insurance & Finance), Christine Schweikard (IP), Laura Widmer, Marc Paronitti (both Employment), and Christoph Suter, Ruth Bloch-Riemer, Joelle Cruz (all Tax). The Allurity Team consisted of Niklas Bromé, Ulf Hage and Maria Lörne.

In connection with a carve-out process, the Ortlinghaus Group sold its EM+H Division, which encompasses among others the production and sale of electromagnetic brakes and clutches as well as pneumatic toothed clutches and other trade goods to Stüwe Switzerland AG, a group company of Stüwe GmbH &Co. KG. The transaction has already been completed. Bär & Karrer acts as legal advisor to the Ortlinghaus Group in this carve-out process. The team of Bär & Karrer is co-led by Christoph Neeracher and Philippe Seiler and includes Li Wei Dutler and Markus Mezger (both M&A), Rocco Rigozzi and Corina Moschen (both Real Estate), Laura Widmer (Employment), Raoul Stocker and Fabian Capt (both Tax) Markus Wang and Christine Schweikard (both IP/IT) as well as Ruth Bloch-Riemer (Social Security).    

Nxera Pharma Co. Ltd, listed on the Tokio Stock Exchange, has entered into an exclusive licensing agreement with Santhera Pharmaceuticals under which Nxera will commercialize the drug AGAMREE® in Japan, South Korea, Australia and New Zealand. Concurrently, Nxera invests in SIX-listed Santhera Pharmaceuticals Holding AG. Bär & Karrer acted as legal advisor to Nxera Pharma regarding the investment and Swiss law aspects of the license. The team was co-led by Luca Jagmetti (M&A) and Urs Kägi (Capital Markets) and included Oliver Brupbacher (Life Science), Markus Wang (IP), Matthias Tanner (Capital Markets) and Sebastian Sutter (M&A).

Worthington Steel (NYSE: WS), a metals processor that partners with customers to deliver highly technical and customized solutions, entered into a Business Combination Agreement with Kloeckner & Co (XETR: KCO), a leading service center and metal processing company with facilities across North America and Europe. Bär & Karrer acts as Swiss legal advisor to Worthington Steel. The team is co-led by Christoph Neeracher and Philippe Seiler and further includes Ronny Schmid, Nick Aschwanden and Dennis Loki (all M&A), Laura Widmer and Sandra Schaffner (both Employment), Faton Aliu and Dominique Simmen (both Finance), Ruth Bloch-Riemer and Sébastien Di Natale (Social Security), Patrick Neher (Real Estate) and Katharina Cardon (Data Protection). The international lead is with Latham & Watkins LLP. The team of Latham & Watkins LLP is led by Dr. Rainer Traugott (Munich). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

On 21 January 2026, the successful completion of the sale of UBS Switzerland AG's ("UBS") 50% stake in Swisscard AECS GmbH ("Swisscard") to American Express Swiss Holdings GmbH was published in the Swiss Official Gazette of Commerce. Previously, UBS and Swisscard had successfully completed the transition of Swisscard's Credit Suisse branded card portfolios to UBS. Bär & Karrer acted as legal advisor to UBS in this transaction. The team was led by Vera Naegeli and included Rolf Watter, Linus Zweifel, Matthias Tanner, Fabian Schlegel and Morris Rigling (all M&A and Corporate & Commercial), Susanne Schreiber, Cyrill Diefenbacher, Fabian Capt and Martin Leu (all Tax), Daniel Flühmann and Christina Werren (both Regulatory), Mani Reinert and Martin Werner (both Competition), Lukas Roesler (Finance), Cinzia Catelli, Predrag Sunaric and Yves Tjon-A-Meeuw (all Litigation) as well as Laura Widmer (Employment). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announced on 12 December 2025 that a share purchase agreement was signed between JCDecaux SE and NZZ, under which JCDecaux SE will sell 325,519 APG|SGA's shares, corresponding to 10.85% of the share capital of APG|SGA. The completion of this transaction requires, among other things, the introduction of a selective opting-up provision in the articles of incorporation of APG|SGA. At extraordinary general meeting held on 23 January 2026, the shareholders of APG|SGA approved the introduction of an opting-up provision, which ensures that the completion of the share purchase does not trigger a mandatory offer by NZZ. In its decision dated 12 December 2025, the Swiss Takeover Board has approved the introduction of the proposed selective opting up clause. All this establishes the statutory conditions for the completion of the transaction. Subject to antitrust approvals, the completion of the sale is expected to take place in Q2 2026. Upon completion of this transaction, JCDecaux's stake in APG|SGA will be reduced to around 5.6%. Bär & Karrer acted as legal advisor to JCDecaux SE on this transaction. The team included Dieter Dubs and Linus Zweifel (both Public M&A).

Zurich, 28 January 2026 Bär & Karrer legally advised BNP Paribas REIM, acting on behalf of one of its managed funds, on the successful sale of two investment properties in prime city locations in Basel and St. Gallen to two institutional investors. Julius Bär Real Estate acted as BNP's exclusive sell-side advisor. Bär & Karrer acted as legal advisor to BNP Paribas for the sale and assisted the seller, particularly during the NBO and BO phases and throughout the contractual negotiations, as well as in connection with lease/tenancy, construction law, and tax matters. The team was led by Rocco Rigozzi (Real Estate) and included Corina Moschen and Hannah Birchmeier (both Real Estate), as well as Cyrill Diefenbacher, Alessia Grieder, and Sandro Berchtold (all Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]  

Bullion International Group has acquired a majority stake in SOLIT Group AG, a leading provider of precious metals and alternative investment solutions. Completion of the transaction is subject to the required antitrust approvals. Bär & Karrer acts as legal advisor to the owners of SOLIT Group AG. The team is co-led by Christoph Neeracher and Luca Jagmetti and includes Yascha Fengler and Leo Schall (all M&A), Susanne Schreiber and Lesia Tüchthuisen (both Tax), Markus Wang (IP), Daniel Flühmann (Regulatory), as well as Mani Reinert and Martin Werner (both Competition).   For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

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] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer successfully represented a client before the Swiss Federal Supreme Court in a significant intercantonal double taxation dispute concerning the allocation of profits for large construction sites on the Gotthard Base Tunnel project. The Cantonal tax court had upheld the Ticino tax authority's decision not to follow a tax ruling agreed upon with the taxpayer (as well as with other involved Cantons of Uri, Nidwalden and Zurich), providing for a profits allocation based on wages. The Ticino tax authority did not consider itself bound by the tax ruling and deemed that profits should be allocated based on the length of the railway tracks on the territory of the Cantons involved. In its decision of 29 December 2025 (published on the court's website on 5 February 2026) in case 9C_231/2024, the Court annulled the Ticino cantonal tax court’s judgment. It agreed with the appellant and held that the profit allocation based on wages, as agreed in the tax ruling, was correct. The team was led by Paolo Bottini and Matthias Bizzarro and included Christina Rüdisühli and Sébastien Di Natale (all Tax).

Pictet Alternative Advisors' direct private equity investments team has entered into a strategic partnership with TRETOR AG (Tretor) to build a leading Swiss accounting services group. Tretor is a well-established accounting services provider based in Liestal, with a branch office in Basel, and serves small and medium-sized enterprises across all sectors in Northwestern Switzerland. Pictet Alternative Advisors manages investments in alternative assets for both private and institutional clients within the Pictet Group. Bär & Karrer acted as legal advisor to Pictet Alternative Advisors in this transaction. The team was led by Raphael Annasohn and included Julian Lindt, Katarina Skoric and Matthias Tanner (all M&A), Susanne Schreiber, Martin Leu and Leotrim Berisha (all Tax), Rocco Rigozzi and Patrick Neher (both Real Estate), Laura Widmer and Sandra Schaffner (both Employment), Christian Kunz and Ferdinand Rombach (both IP/IT/Data Protection), Mani Reinert and Martin Werner (both Competition), as well as Julia Eiholzer (Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Bitwise, a U.S.-based global crypto investment firm with over USD 15 billion in assets under management, acquired Chorus One AG from its shareholders. Chorus One AG is one of the global leading infrastructure providers for staking services on decentralized networks. Bär & Karrer acted as Swiss legal advisor to Bitwise in this transaction. The team was co-led by Christoph Neeracher and Luca Jagmetti and further included Li Wei Dutler and Dennis Loki (all M&A) Susanne Schreiber and Fabian Capt (both Tax), Daniel Flühmann and Christina Werren (both Banking / Regulatory), Christian Kunz and Ferdinand Rombach (both Digital Technology), Laura Widmer and Sandra Schaffner (both Employment) as well as Julia Stempfel (Regulatory). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Lonza Group, global manufacturer leader in pharmaceutical, biotech and specialty ingredients, has completed the sale of its entire stake in Micro–Macinazione SA – the Ticino-based contract manufacturer of micronization active ingredients for pharmaceutical and fine chemical industries – to Microsize and Schedio Group. Bär & Karrer acted as legal advisor to Lonza Group in this transaction. The team was co-led by Paolo Bottini and Andrea Ziswiler and included Martina Giacometti (all M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer advised Airsol S.r.l., which is part of SOL Group, a leading Italian player in the production, research and marketing of technical and medical gases and homecare services sector, on its acquisition of VitalAire Switzerland Ltd. With this transaction, SOL Group is strengthening its position in the Swiss market in the home oxygen therapy and sleep apnea treatment sectors. Bär & Karrer acted as legal advisor to Airsol S.r.l. in this transaction. The team was co-led by Paolo Bottini and Andrea Ziswiler (both M&A) and included Markus Schott and Julia Stempfel (both Regulatory) as well as Bryan Bruschi (M&A).   For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Zurich, 23 April 2026 At its AGM held on 26 March 2026, SGS SA proposed to shareholders, and an overwhelming majority approved, the right to receive a dividend in the form of either cash or shares of the company (scrip dividend) at the option of eligible shareholders. On 21 April 2026, SGS SA announced that 61.35% of the dividend for the financial year 2025 was elected to be paid out in shares. The shares to be delivered will be valued at a discount of 5% to the market value of the SGS shares. The new shares will be sourced by way of an ordinary capital increase also approved by the shareholders at the AGM. Bär & Karrer acted as legal and tax advisor to SGS SA in this matter. The team consisted of Vera Naegeli and Marie-Cristine Kaptan (both M&A and Capital Markets) and Susanne Schreiber, Fabian Capt and Alessia Grieder (all tax).   For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Following approval by the Swiss Financial Market Supervisory Authority, SIX has completed three consecutive mergers involving SDX Web3 AG, SDX Group AG, SIX Digital Exchange AG and SIX SIS AG. The final merger between SIX Digital Exchange AG and SIX SIS AG was completed on 30 April 2026. Through this strategic consolidation, SIX brings together its digital central securities depository ("CSD") and traditional asset services within a single regulated CSD, establishing the foundation for delivering integrated post-trade services across both asset classes. The consolidated CSD is now also licensed to offer crypto custody solutions, enabling financial institutions to access digital asset servicing through the same institutional-grade infrastructure they rely on for traditional securities. Bär & Karrer acted as legal, regulatory and tax advisor to SIX in this transaction. The team included Peter Hsu, Tiffany Ender, Philipp Theiler, Luiza Gjura (all Regulatory/M&A), Urs Kägi, Shu Zhang (both Corporate/M&A), Julia Eiholzer (Corporate/Notary), Susanne Schreiber, Anke Stumm, Lesia Tüchthuisen (all Tax), as well as Laura Widmer and Sandra Schaffner (both Employment). With respect to legal and regulatory matters, it closely collaborated with BjörnGunnar Flückiger (LAWBEAR AG) who also acted as an advisor to SIX. For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

CPM Partners, an international group headquartered in Switzerland, majority owned by funds advised by Deutsche Private Equity (DPE) and among the world's leading consultancies in corporate performance management and CFO advisory, has entered into an agreement to join forces with Netherlands-headquartered AMCO Group. The combined group will continue to be backed by funds advised by DPE, an established growth partner for mid-sized companies, primarily in the DACH region. The transaction remains subject to customary regulatory approvals. Bär & Karrer is acting as Swiss legal advisor to CPM Partners in this transaction. The team is led by Raphael Annasohn and includes Julian Lindt, Dimitry Bölsterli and Chiara Condello (all M&A), Faton Aliu, Colin Giezendanner, Jorgos Boulamatsis, Nikolaus Lange and Tim Salz (all Financing), Susanne Schreiber and Martin Leu (both Tax), as well as Julia Eiholzer (Notarial Services). Van Doorne is acting as Dutch legal advisor to CPM Partners. For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Viseca Payment Services SA and Cornèr Bank Ltd. have teamed up to develop an industry solution for worldwide instant transfers between people based on payment cards.  To this end, the two companies founded PayInit AG, aimed at establishing an infrastructure for global P2P money transfers based on Mastercard and Visa payment cards. The new industry solution will enable customers of affiliated payment solution providers to send money from payment cards in Switzerland to other payment cards, wallets or bank accounts worldwide. Bär & Karrer acted as legal counsel to Viseca in connection with the structuring and establishment of PayInit AG. The team included Daniel Flühmann, Marlene Lienau Schindler (both Corporate/M&A), Mani Reinert (Competition Law), Özden Omürcan (Notarial Services), as well as Markus Wang (IP/IT). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Inspired Education, a leading global premium school operator serving 95'000 students in 125 schools on 6 continents, has acquired the Geneva English School (GES). GES, founded in 1961, is a leading international school in Switzerland located outside of Geneva. Bär & Karrer advises Inspired Education in this transaction. The team is co-led by Christoph Neeracher and Luca Jagmetti and further includes Ronny Schmid, Thomas Rohde and Teymour Bakhtiar (all M&A), Corrado Rampini and Fanny Cattaneo (both Real Estate), Laura Widmer and Nicola Schön (both Employment), and Susanne Schreiber and Donjeta Beka (both Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bank Vontobel AG has successfully issued CHF 250 million senior bonds. Zürcher Kantonalbank and Bank Vontobel acted as Joint Lead Managers. The bonds will be listed and traded on the SIX Swiss Exchange. Bär & Karrer acted as legal advisor to Vontobel. The team was led by Lukas Roesler and included Nikolaus Lange (both Capital Markets). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer advised BofA Securities, Inc. and the Joint Book-Running Managers on a successful placement of a USD 1.7 billion notes issued by the Viking Cruises Group. In addition to BofA Securities, Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC and UBS Securities LLC acted as joint book-running managers. Viking is one of the leading providers of destination-focused travel experiences, is the largest operator of river cruises in Europe and China for North American passengers, and offers ocean, lake and river cruises worldwide. Bär & Karrer advised BofA Securities, Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC and UBS Securities LLC with respect to all Swiss law aspects of this transaction. The team included Lukas Roesler (Lead, Capital Markets), Susanne Schreiber and Lesia Tüchthuisen (both Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Interact Media Group, publisher of the Swiss news portal Nau.ch, has acquired Zeitungshaus AG. Zeitungshaus AG publishes a total of 22 regional free newspapers with a print run of 700,000 copies. Bär & Karrer advises Interact Media Group in this transaction. The team is led by Raphael Annasohn and includes Dimitry Bölsterli (M&A), Martin Leu (Tax), as well as Özden Omürcan (Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Lighthouse Tech SA is a Swiss medtech startup based in Ticino that developed TAMI®, a mobility assistive eyewear frame for people who are blind or visually impaired. Lighthouse Tech SA completed its new investment round, which comprised the conversion of multiple convertible loan agreements, new cash investments by existing and new investors, and a crowd investment campaign through the issuance of minority participation certificates. Bär & Karrer acted as legal advisor to Lighthouse Tech SA in this transaction. The team was led by Massimo Vanotti (Startup, Corporate and Notarial Services) and Matthias Bizzarro (Tax) and included Marko Calusic (Startup, Corporate and Tax) and Martina Giacometti (Startup and Corporate).   For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

dsm-firmenich, Kaiseraugst (Switzerland) and Maastricht (Netherlands), today completed the listing of its shares on SIX Swiss Exchange. The shares are now traded on SIX Swiss Exchange under the ticker symbol DSFIR, in addition to the existing listing on Euronext Amsterdam. The dual listing strengthens dsm-firmenich's capital markets presence in Switzerland and is an important milestone for its Swiss domicile and heritage. It broadens access to Swiss institutional investors and enhances visibility in one of Europe’s leading equity markets. dsm-firmenich will be included in the Swiss Performance Index (SPI) and SPI Extra. Based on today's opening price of CHF 62.80 per share, the company’s market capitalization stood at approximately CHF 15.9 billion. Bär & Karrer acted as lead legal counsel to dsm-firmenich in the planning and implementation of this transaction. The team was led by Urs Kägi and included Rolf Watter, Vera Naegeli, Dieter Dubs, Florian Schweighofer, Marlene Lienau, Morris Rigling and Aisha Thüring (all capital markets). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Zurich, 2 April 2026 - Marriott International and Lefay Resorts have executed binding agreements to create a strategic global partnership aimed at expanding the Lefay brand within the luxury wellness hospitality sector. The transaction involves an equal partnership to manage and develop the Lefay brand through long-term management contracts, leaving ownership of the real estate assets with the Leali family and positioning Lefay’s operating model for international expansion supported by Marriott’s distribution network. Bär & Karrer is acting as Swiss legal counsel to Lefay in this transaction. The team is led by Andrea Ziswiler (Corporate/M&A) and includes Rocco Rigozzi (Corporate/Real Estate) and Martina Giacometti (Corporate/M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Bär & Karrer advises Inter IKEA Group in connection with its participation in the Series A financing round of Seprify AG. Seprify, the Swiss bio-materials company develops high-performance cellulose-based ingredients for industrial applications. The financing supports the transition of Seprify's cellulose platform from pilot validation into procurement-ready industrial supply. Inter IKEA Group is the group of companies that connects IKEA franchisees with range development and suppliers, and aligns the overall IKEA strategic direction. Bär & Karrer acts as legal advisor to Inter IKEA Group in this transaction. The team included Luca Jagmetti, Marlene Lienau Schindler and Ben Tschigg (all M&A/Corporate), Nicola Schön (Employment), and Mani Reinert and Martin P. Werner (both Competition & Antitrust). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

The shareholders of Alpine Select AG (SIX: ALPN), an investment company listed on the SIX Swiss Exchange AG with domicile in Zug, approved the introduction of a statutory opting up provision at the ordinary general meeting held on 28 May 2026. In its order dated 20 May 2026, the Takeover Board had confirmed the validity of the opting-up provision. Bär & Karrer acted as legal advisor to Alpine Select. The team included Dieter Dubs and Linus Zweifel (both Public M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Trusso Group, a leading Swiss fiduciary, accounting and business advisory platform serving SMEs, has entered into a strategic partnership with Ferax Treuhand AG. Ferax Treuhand is a well-established, state-supervised audit and accounting firm based in Zurich, with a particular focus on audit services for the insurance sector. Bär & Karrer acted as legal advisor to Trusso in this transaction. The team was led by Raphael Annasohn and included Julian Lindt, Dimitry Bölsterli and Chiara Condello (all M&A), Susanne Schreiber, Martin Leu and Leotrim Berisha (all Tax), Rocco Rigozzi and Corina Moschen (both Real Estate), Laura Widmer, Sandra Schaffner and Luljeta Morina (all Employment), Faton Aliu and Nikolaus Lange (both Financing), Katharina Cardon (Data Protection), as well as Julia Eiholzer (Notarial Services).   For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Mercuria Energy Group, one of the largest independent energy and commodity groups in the world, and Eni S.p.A., one of the world's leading integrated energy companies, have entered into a joint venture to combine their respective global energy trading business. The joint venture will bring together the physical and financial trading operations of both groups across oil, LNG, LPG, natural gas and biofuels, as well as associated shipping and storage activities. The combined business is expected to create a leading global energy trading platform with operations spanning Europe, the Middle East, Africa, Asia and the United States. The proposed transaction is subject to customary closing conditions, including regulatory approvals. Bär & Karrer acts as Swiss legal counsel to Mercuria. The team comprises Cédric Chapuis and Ronny Schmid (both M&A) as well as Mani Reinert and Martin Werner (both Antitrust).

Zurich, 26 June 2026 Virgin Active, a leading international premium health club and Social Wellness Club operator with hundreds of locations across four continents, including major markets such as South Africa, the UK, Italy, and Australia, is expanding into Switzerland by taking over the Planet Wellness club in the Lugano area. The completion of the transaction is subject to certain conditions. The location will open as Switzerland’s first Virgin Active Social Wellness Club, bringing the group’s signature premium fitness model to the region. Bär & Karrer acted as Swiss legal advisor to Virgin Active and supported Virgin Active’s Legal Director, Daniela Giordani, in connection with the takeover transaction. The Bär & Karrer team was led by Rocco Rigozzi (M&A), while Martin Leu (Tax) led the Swiss tax aspects of the transaction. The Bär & Karrer team also included Sara Scalmana and Amina Zuzo (both Tax), Laura Widmer and Marc Paronitti (both Employment), Ruth Bloch-Riemer and Sébastien Di Natale (Pension/Social Security), Thomas Rohde (Restructuring/Corporate), Bryan Bruschi (Corporate and Notarial Services), and Markus Wang and Christine Schweikard (IP/Data Protection). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

MTF Solutions AG, a subsidiary of Swisscom AG and a leading Swiss provider of comprehensive IT solutions headquartered in Bern, has acquired the Valais-based IT service provider insysta GmbH. insysta GmbH is an established IT partner for business customers in Valais, with a particular focus on IT infrastructure, cloud, modern workplace, network, security and IT consulting. With this acquisition, MTF Solutions AG strengthens its own presence in the Valais SME market and further expands its range of IT services for business customers. Bär & Karrer acted as legal advisor to the shareholders of insysta GmbH in this transaction. The team was led by Christoph Neeracher and Luca Jagmetti and comprised Yascha Fengler and Leo Kaffanke (both M&A), and Raoul Stocker, Anke Stumm and Patrick Füllemann (all Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Gimv, a European investment company listed on Euronext Brussels, has completed the sale of its majority stake in AlpenBlu Clinics to Impact Healthcare (IHC), the healthcare investment platform of Swiss family-owned investment group Après-Demain. Founded under the name Les Psy Réunis, AlpenBlu Clinics has grown into one of the leading outpatient mental healthcare providers in French-speaking Switzerland. Bär & Karrer acted as legal advisor to Gimv in this transaction. The team was co-led by Dr. Christoph Neeracher and Ronny Schmid and further includes Amir Teymour Bakhtiar and Gala Petrov-Hernaez (all M&A), and Martin Leu and Christina Fricker (all Tax). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]   Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.