Swiss Post sells Swiss Post Solutions for CHF 375m to AS Equity Partners
Die Schweizerische Post (Swiss Post) has announced the sale of Swiss Post Solutions (SPS) to AS Equity Partners. Swiss Post Solutions is a provider of business process outsourcing solutions and innovative document management services.
The change in ownership will allow SPS to continue its growth story, which has in recent years focused on customers in Europe, Asia and the USA. By contrast, Swiss Post wants to focus on services relating to its core business – always with the goal of developing the public service for Switzerland from its own resources.
Swiss Post is selling SPS at an enterprise value of CHF 375 million. Closing of the transaction is subject to the fulfilment of certain regulatory conditions and scheduled to take place in the upcoming months.
Homburger advised Swiss Post in this transaction. The Homburger team was led by partner Daniel Hasler (pictured) and included lead associate Anna Peter and junior associate Benjamin Camavdic (all corporate / m&a), partner Luca Dal Molin and associate Gabriel Kasper (both IP / IT), partner Richard Stäuber and associate Ramin Gohari (both competition) as well as partner Stefan Oesterhelt (tax).
