Vaudoise Assurance increases stake in Procimmo: the advisors

Vaudoise Assurance Group, through its subsidiary Vaudoise Asset Management, has entered into an agreement to increase its stake and become the majority shareholder in Procimmo Group, a company listed on BX Swiss in which Vaudoise Assurance Group has held a 20% equity stake since 2021.

In connection with the deal, Lenz & Staehelin advised Vaudoise Assurance Group, while Advestra and Schellenberg Wittmer — the latter for tax and regulatory matters — represented the majority shareholders of Procimmo.

The sale price has been set at CHF 9.50 per share following payment of the 2025 ordinary dividend. Subject to prior approval by the relevant authorities, the closing of the transaction is scheduled for early July 2026. Vaudoise Assurance Group’s stake will then amount to 92.27% of the voting rights of Procimmo Group.

The Lenz & Staehelin team

Corporate and M&A’s Andreas Rötheli (pictured right) and Xavier Grivel (pictured left) led the Lenz & Staehelin team on the matter, working alongside Caroline Kopp, Noé Luisoni, Alissa Fourati, Charles Beltjens and Alexandre Levrat (all corporate and M&A), Ariel Ben Hattar and Jeremy Bacharach (both capital markets), Sarah Bechaalany and Francesca Fusco (both asset management), as well as Rébecca Dorasamy, Eli-Louise Hunkeler, Nicolas Bach, Jenna-Lin Gaille, Anceline Swift and Anna Solari (all tax).

The Advestra team

The Advestra team working on the matter included Thomas Reutter, Sandro Fehlmann, Stefan Paris Schirm, Jana Wildberger and Valérie Bär (corporate/M&A/capital markets).

The Schellenberg Wittmer team

The Schellenberg Wittmer team included Jean-Frédéric Maraia, Andrea Baratta and Lucas Stoll (all tax) and Caroline Clemetson (banking & finance).