Bär & Karrer with Dsm-firmenich on ANH business divestment
Bär & Karrer advised Dsm-firmenich, as the Swiss company active across the nutrition, health and beauty sectors entered into an agreement with private markets manager CVC to divest its Animal Nutrition & Health (ANH) business, for an enterprise value of about EUR 2.2 billion.
The amount includes an earnout of up to EUR 0.5 billion. Dsm-firmenich will retain a 20% equity stake in the divested ANH companies, in partnership with CVC.
The Bär & Karrer team
Urs Kägi (pictured) led the Bär & Karrer team on the matter, working alongside Matthias Tanner, Shu Zhang, Marie-Cristine Kaptan, Urs Stürmer, Florian Schweighofer, Ann-Kathrin Bühler (all M&A/corporate & commercial), Susanne Schreiber, Cyrill Diefenbacher, Donjeta Beka (all tax), Mani Reinert (competition) Markus Wang (IP), Markus Schott (regulatory), Laura Widmer, Nicola Schön, Marc Paronitti, Luljeta Morina (employment), Corrado Rampini, Rocco Rigozzi, Corina Moschen, Patrick Neher (real estate), as well as Thomas Stoltz, Julia Eiholzer (notarial services).
