NKF: Capvis concludes financing for Schurter Group acquisition
Niederer Kraft Frey (NKF) has provided comprehensive legal guidance to Capvis throughout the financing process for the majority stake acquisition of Schurter Group. The transaction, in which NKF also served as the M&A lead counsel for Capvis, was successfully completed on April 6, 2023.
Furthermore, the full guarantor accession process was finalized on July 5, 2023. UBS Switzerland, Credit Suisse (Switzerland), and other syndicate banks have provided the financing for this venture.
Capvis, a renowned Swiss investor specializing in mid-market investments, has made significant strides in the acquisition of Schurter Group. Headquartered in Lucerne, Schurter Group is a manufacturer of components for low voltage safe power supplies, input systems, and advanced electronic solutions. With 20 subsidiaries across 17 countries, the Group has been under the stewardship of the Schurter family since its inception in 1933, with the family maintaining a minority stake in the company.
The NKF team was led by partner Adrian Koller (m&a/finance, pictured), working with associate Reto Seiler (m&a/finance), partner Ulysses von Salis (m&a), senior associate Katalin Siklosi (m&a) and associate Manuel Hirlinger (m&a) as well as partner Marco Häusermann (finance/derivates), senior associate Simon Bühler (finance/derivates) and partner Markus Kronauer (tax).
