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 “
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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
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
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
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 destin
Taro Pharmaceutical Industries, a multinational, science-based pharmaceutical company, and Swiss-based Galderma have signed a definitive agreement for Taro to acquire Alchemee, formerly The Proactiv Company, from Galderma. The agreement includes Alchemee’s business and assets
Swiss Allwyn Entertainment (former Sazka Entertainment), a multinational lottery operator operating lotteries in Austria, the Czech Republic, Greece, Cyprus and Italy, intends to become a publicly-listed company on the NYSE in partnership with Cohn Robbins
Citadele banka has entered into a binding agreement with Trusted Novus Bank Limited regarding the sale of its Swiss subsidiary Kaleido Privatbank. The closing of the transaction is subject to regulatory approvals and is expected
On January 27, 2022, the Constellation V Fund and the minority shareholders sold 75% of the shares in Swiss E-Mobility Group (Holding) AG to TVS Motor Company. The SEMG group is a market-leading provider of e-mobility solutions within
TVS Motor Company announced today that it has acquired a majority stake in Swiss E-Mobility Group (SEMG) from Constellation Capital and certain minority shareholders in an all-cash transaction. SEMG is a market leading provider of
