Navegar has made a follow-on investment in Swiss-based Dali Discount, the first hard discounter in Southeast Asia. Navegar is a Manila-based private equity firm that provides growth capital to established companies. Dali Discount is the holding company for the operational business in South-East Asia of DALI Stores, a kind of hard discount supermarket type invented […]
Tags : Tino Gaberthüel
The automotive supplier BorgWarner has acquired the Switzerland-based Drivetek. The transaction has an enterprise value of up to CHF 35 million, of which CHF 25 million was delivered at closing. An additional CHF 10 million could be paid in the form of contingent payments over the next 3 years. With the acquisition, BorgWarner grows its power electronics capabilities in auxiliary […]
Saudi National Bank (SNB) has announced that it has committed to participate in the capital raising exercise announced by Credit Suisse Group to assist with the future growth of their business. Following the Capital Raise, Saudi National Bank also intends to explore certain strategic partnerships with Credit Suisse in complementary geographies and businesses. Pursuant to the […]
On 27 October 2022, with around 80 attendees, has took `place the first day of the Special Inhousecommunity Days. This edition of the event, which brings together leading lawyers, general counsel and in-house lawyers from renowned Swiss companies and law firms, took place in the GDI Gottlieb Duttweiler Institute in Zurich. The event starts with […]
Credit Suisse Asset Management has sold its minority stake in Energy Infrastructure Partners to the company’s co-founders and managing partners for an undisclosed consideration. Energy Infrastructure Partners was established in 2014 as a joint venture between Credit Suisse Asset Management and the co-founders and has since become the largest investment group active in Swiss infrastructure. […]
ABB has successfully completed the spin-off of Accelleron Industries which operates ABB’s former turbocharger division. Accelleron’s shares have been admitted to start trading on SIX Swiss Exchange in Zurich, under the ticker symbol “ACLN” effective as of October 3, 2022. The listing follows the approval by ABB shareholders for the spin-off at ABB’s extraordinary general […]
Navegar made a substantial investment in Swiss-based Dali Discount, the first hard discounter in Southeast Asia. Navegar is a Manila-based private equity firm that provides growth capital to established companies. Lenz & Staehelin has advised Navegar in this transaction. The team included partner Tino Gaberthüel (pictured), Simone Ehrsam, Xavier Grivel and Till Haechler (all corporate/m&a).
German automotive supplier Schaeffler has agreed to acquire Ewellix Group from investment company Triton for approx. EUR 582 million in order to boost its linear range. The invest venture capital company bought the former SKF Motion Technologies from SKF for $310m in 2018, before renaming it as Ewellix. Headquartered in Sweden, Ewellix, is formerly SKF’s […]
Sika agreed to sell its Aliva Equipment business to Normet Group Oy, a finnish global company providing solutions for underground construction. With the acquisition of the assets of Aliva Equipment, Normet supports its growth strategy by strengthening its offering in sprayed concrete processes. Founded in 1946, and transferred to the ownership of Sika in 1989, […]
Vail Resorts, (VR), ski resort operator, has entered into an agreement with Andermatt Swiss Alps (ASA) to invest CHF 149 million in the Andermatt-Sedrun destination. Under the strategic partnership with ASA, VR will acquire a 55% stake in Andermatt-Sedrun Sport which operates the destination’s ski resort. The investment will be made through a primary investment of CHF 110 million for use in capital investments
