Leading global law firm Baker McKenzie advised S Management AG on its sale of a majority share in the Swiss distributor SMEDICO to Swedish OneMed.
SMEDICO is an efficient distributor in the fragmented Swiss market with a strong market position in hospital and elderly care with great potential to grow further. Like OneMed, SMEDICO focuses on the customers' needs with the objective to offer solutions which lowers the total cost-of-care with the highest quality. SMEDICO also has a factory and a line of products under the name OMNIMED that is sold in the Swiss market. OneMed is a leading European distributor of medical supplies and healthcare related services. OneMed is active in nine countries, employs more than 900 employees and its annual net sales amount to more than EUR 500 million.
The Baker McKenzie team, made up of M&A and Tax lawyers from the Firm's Zurich office, was led by Martin Furrer (Partner) and included Alexander Blaeser (Partner), Mario Kumschick (Counsel), Fabian Greutert (Associate) and Patricia Reichmuth (Associate).