NKF with Invision on AK Group stake sale to Mobilezone

Niederer Kraft Frey (NKF) advised Invision on the sale of its stake in AK Group, including its subsidiaries SkySale Schweiz (operator of the e-commerce platform Apfelkiste.ch) and Marein, to listed Swiss telecommunications specialist Mobilezone.

The transaction values AK Group at an enterprise value of approximately CHF 180 million. Closing is expected by the end of June 2026.

The parties

AK Group is a Switzerland-based e-commerce and retail solutions provider, comprising the platform Apfelkiste.ch and Marein, a specialist in retail branding and sourcing.

Invision is a mid-market private equity firm in the German-speaking region, focusing on succession solutions and growth capital investments in established companies.

Mobilezone is a Swiss independent telecommunications specialist, listed on the SIX Swiss Exchange.

The NKF team

Corporate/M&A partner Manuel Werder (pictured) led the NKF team on the matter, working alongside associate Naomi Loretz (corporate/M&A), partner Thomas Graf and senior associate Vanessa Witschi (both tax).