Kellerhals Carrard advises on Groupe Chaumont launch
Vam Investments, a private equity operator specializing in buyout transactions and consolidation platforms, has launched Groupe Chaumont, a new industrial platform based in Neuchâtel dedicated to the high-end Swiss watchmaking value chain.
The deal stemmed from the acquisition of four Swiss companies – Efteor, Le Composant, Télôs Watch and Henri Robert – and was assisted on the legal side by McDermott Will & Schulte, with support from Kellerhals Carrard on Swiss law matters and from Spada Partners on the tax component.
Deal details
Groupe Chaumont brings together businesses specialized in complementary segments of the high-end Swiss watchmaking supply chain, ranging from the production of precious metal components to the development of movements and complications, through to precision micromechanics. The new platform was created with the aim of becoming a partner for houses in the sector, pooling integrated expertise and ensuring production capacity, quality, traceability and continuity of manufacturing know-how.
Legal teams involved
McDermott Will & Schulte advised Vam Investments on the legal aspects with a team made up of partners Ettore Scandale and Oscar Arcà and associate Gian Luca Marchi.
On Swiss law matters, the investor was supported by Kellerhals Carrard, with a team led by partners Massimiliano Maestretti and Lorenza Ferro, assisted by associates Brian May and Priscilla Zanetti.
Spada Partners handled the tax aspects of the transaction with a team led by partner Paolo Lorenzo Mandelli, supported by Pasquale Miracolo and Pierpaolo Colucci.
