The shareholders of Swissbit entered into a share purchase agreement with Ardian regarding the sale of the Swissbit group, an European provider of NAND-flash based storage and embedded Internet of Things (IoT) solutions. The transaction is subject to approval by antitrust authorities.
NKF acted as Swiss counsel to the private equity investor Ardian. The team was co-led by m&a partners Patrik Peyer (pictured), Till Spillmann and Moritz Maurer and supported by senior associates Andrea Giger, Adrian Koller, associates Katalin Siklosi, Aurèle Bertrand, Anne Huber, Olivia Biehal and junior associate Stephanie Huchler (all m&a), working with partner Clara-Ann Gordon and junior associate Tanja Lutz (both technology/data privacy) and partner Thomas Graf (tax).
Latham & Watkins acted as lead counsel for Ardian. The team was led by Munich private equity partner Burc Hesse and Sebastian Pauls.