Baker McKenzie Switzerland advised the von Finck family on the sale of its majority stake in Von Roll Holding AG ("Von Roll") to Altana AG ("Altana").
Elantas GmbH ("Elantas"), a subsidiary of the specialty chemicals group Altana, has concluded a share purchase agreement with the von Finck family and tender agreements with Von Roll management, under which Elantas will acquire a total stake of 84.3% of the outstanding shares at a price of CHF 0.86 per Von Roll share.
Von Roll is one of the most traditional companies in Switzerland. Throughout the company's history, Von Roll has had to adapt several times to changing market environments and has evolved from Switzerland's largest steel and iron works into a high-tech industrial company that is driving the energy revolution. Von Roll is the global market leader for electrical insulation systems that are used for the largest wind turbines. It develops high-performance materials for the next generation of batteries in the field of e‑mobility and produces extremely durable lightweight components for the aircraft industry. The transaction combines innovative strength for the expansion of electromobility and renewable energies.
Baker McKenzie Switzerland advised the von Finck family on all legal aspects of the deal.
The Baker McKenzie team was led by Martin Furrer (partner, M&A, Zurich) and Matthias Courvoisier (partner, Capital Markets, Zurich) and consisted of Susanne Liebel-Kotz (partner, Tax, Zurich), Roger Thomi (partner, Antitrust & Competition, Zurich) and Hesam Mirzai (associate, M&A, Zurich).
Elantas GmbH ("Elantas"), a subsidiary of the specialty chemicals group Altana, has concluded a share purchase agreement with the von Finck family and tender agreements with Von Roll management, under which Elantas will acquire a total stake of 84.3% of the outstanding shares at a price of CHF 0.86 per Von Roll share.
Von Roll is one of the most traditional companies in Switzerland. Throughout the company's history, Von Roll has had to adapt several times to changing market environments and has evolved from Switzerland's largest steel and iron works into a high-tech industrial company that is driving the energy revolution. Von Roll is the global market leader for electrical insulation systems that are used for the largest wind turbines. It develops high-performance materials for the next generation of batteries in the field of e‑mobility and produces extremely durable lightweight components for the aircraft industry. The transaction combines innovative strength for the expansion of electromobility and renewable energies.
Baker McKenzie Switzerland advised the von Finck family on all legal aspects of the deal.
The Baker McKenzie team was led by Martin Furrer (partner, M&A, Zurich) and Matthias Courvoisier (partner, Capital Markets, Zurich) and consisted of Susanne Liebel-Kotz (partner, Tax, Zurich), Roger Thomi (partner, Antitrust & Competition, Zurich) and Hesam Mirzai (associate, M&A, Zurich).
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