In preliminary injunction proceedings initiated by Lindt & Sprüngli, the Commercial Court of the Canton of Aargau prohibited the use of a copy of Lindt’s trademark protected “Pouring Shot” logo on the packaging of chocolate truffes by a supermarket chain (decision of 23 July 2021, HSU.2021.12). Lindt & Sprüngli initiated preliminary injunction proceedings before the […]
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OnlineDoctor has acquired A.S.S.I.S.T., an artificial intelligence (AI) developer in the field of dermatology. The acquisition marks a first in OnlineDoctor’s history and is part of its strategy to bring the world’s first AI-supported medical product in teledermatology to market maturity. OnlineDoctor is the owner and operator of the teledermatology platforms onlinedoctor.ch, onlinedoctor.de and onlinedoctor.at. […]
Shareholders of the UK-based Axis Electronics (Axis) has completed the sale of their shares to SIX listed Cicor Group. Founded originally as part of an international electronics company, Axis was established in 1995 as an independent, UK-based provider of electronic manufacturing services with a unique combination of service and technological capabilities specialising in high reliability, […]
UBS Group successfully completed its issuance of CHF 265 million 3.375 per cent. Tier 1 Capital Notes. The Notes are «high trigger» regulatory capital instruments that are eligible to fulfil UBS Group’s Swiss going concern requirements. The Notes are governed by Swiss law and have been provisionally admitted to trading, and application has been made […]
Smart Valor, a financial technology company operating a digital asset and cryptocurrency exchange, becomes the first digital assets exchange in Europe listed on Nasdaq. As a fully compliant exchange, authorised by the financial supervisory authority of Liechtenstein, Smart Valor provides custody, trading and brokerage to customers from 130 countries. Eversheds Sutherland advised Smart Valor on its […]
Memo Therapeutics, specialists in the field of antibody discovery and development, has closed an oversubscribed Series B financing round led by Swisscanto Invest at CHF37 million after securing an additional CHF23 million from a combination of strategic and financial investors, including Adjuvant Capital, Fresenius Medical Care Ventures, GF Group, Verve Ventures, Vesalius Biocapital and Zürcher […]
Trilux, a Germany based luminaire developer and producer, has acquired Mono-Licht, a Swiss luminaire manufacturer based in Winterthur. With this acquisition, Trilux further expands its capacities in the field of architectural lighting and special luminaire production. Mono-Licht is a family-owned company with more than 20 years of experience in luminaire manufacturing and employs around 25 people. Mono-Licht specializes […]
The international technology group Körber has purchased Siemens Logistics’ global mail and parcel business. With the strong market presence of Siemens Logistics in North America and China, Körber significantly complements its supply chain offering with this acquisition. Advestra acted as Swiss legal counsel to Körber in the transaction. The team comprised partner Daniel Raun (pictured), […]
Xlife Sciences successfully listed its shares on the standard “Sparks” of SIX Swiss Exchange — making it the very first listing on the new and regulated SME segment of SIX Swiss Exchange. Xlife Sciences focuses on the value development and commercializsation of promising early-stage research projects from universities and other research institutions in the life sciences industry. Previously, the shares of Xlife Sciences were […]
As of 1 January 2022, Vista Klinik Holding in Binningen has acquired Klinik ZüriSeh and will continue to operate it under the name Vista Augenklinik Wollishofen in the future. With this acquisition, Vista strengthens its presence in Zurich and expands to the right lakeside. Further, Vista Klinik Holding has taken over Augenklinik Bucher on 16 December 2021 and will thus also […]