Walder Wyss: PwC Switzerland acquires Avoras
PwC Switzerland, the well-known audit and advisory firm in Switzerland, has acquired Avoras Holding as part of its growth strategy in the consulting area. The Swiss firm specialising in SAP business transformation consultancy in the pharma and life sciences sector, has grown to 60 employees and serves customers worldwide. In addition to its headquarters in Basel, Avoras has offices in Portugal, Germany, the USA, Malaysia and Singapore.
With this transaction, an innovative and successful firm will join PwC in the second quarter of 2023. Avoras, founded in 2017, has excellent know-how in the area of process transformation and counts the leading Basel pharma & life sciences and chemical companies among its long-standing clients. As an SAP Gold Partner, Avoras brings additional expertise to advise companies on the transition to S/4HANA. PwC Switzerland thus becomes the leading provider for end-to-end business transformation.
Walder Wyss has advised the Avoras shareholders in this transaction. The team was led by partner Robert von Rosen (corporate/m&a, pictured) and further included Bojan Momic (associate, corporate/m&a), Marius Breier (managing associate, tax), Vangelis Kalaitzidakis (associate, tax) as well as Philippe Nordmann (partner, employment).
