Luc Defferrard
lic. iur., Attorney at Law
Partner

Luc Defferrard Luc Defferrard Luc Defferrard Luc Defferrard


Luc Defferrard, partner with Walder Wyss since 2001, has been active in the finance and legal industry for many years. He mainly advises clients in domestic and cross-border financing and merger & acquisition transactions, as well as in real estate and capital market. Luc Defferrard particularly focuses on private equity (leveraged buy-out) advising a variety of private equity funds, managers and target companies in the structuring and implementation of their projects. Most recently, Luc Defferrard advised Schaeffler on its issue of high yield bonds with a total volume of approximately EUR 2 billion, the French cosmetics group L'Oréal S.A., Paris on its acquisition of Decléor and Carita from Japanese manufacturer Shiseido Co., Ltd., and HgCapital Group with respect to the acquisition of P&I Personal & Informatik AG (P&I AG) from The Carlyle Group.

Born in 1965, Luc Defferrard was educated at the Geneva University (lic. iur. 1987) and was registered as attorney-at-law with the Geneva Bar Registry in 1990. Prior to joining Walder Wyss, Luc Defferrard was working for seven years with UBS in Geneva, Zurich and New York as client manager and project manager in corporate and structured finance. In this position he developed the bank's structured finance offerings to clients in the French part of Switzerland.

Luc Defferrard speaks French, German and English and is Head of the Groupe Francophone of Walder Wyss. He is registered with the Zurich Bar Registry and admitted to practice in all Switzerland.

Contact
Luc Defferrard
Direct phone: +41 58 658 55 47


Walder Wyss Ltd.
Seefeldstrasse 123
P.O. Box
8034 Zurich
Switzerland
Phone +41 58 658 58 58
Fax +41 58 658 59 59
vCard


Practice Areas

Luc Defferrard Luc Defferrard Luc Defferrard Luc Defferrard

Luc Defferrard
lic. iur., Attorney at Law
Partner

Luc Defferrard, partner with Walder Wyss since 2001, has been active in the finance and legal industry for many years. He mainly advises clients in domestic and cross-border financing and merger & acquisition transactions, as well as in real estate and capital market. Luc Defferrard particularly focuses on private equity (leveraged buy-out) advising a variety of private equity funds, managers and target companies in the structuring and implementation of their projects. Most recently, Luc Defferrard advised Schaeffler on its issue of high yield bonds with a total volume of approximately EUR 2 billion, the French cosmetics group L'Oréal S.A., Paris on its acquisition of Decléor and Carita from Japanese manufacturer Shiseido Co., Ltd., and HgCapital Group with respect to the acquisition of P&I Personal & Informatik AG (P&I AG) from The Carlyle Group.

Born in 1965, Luc Defferrard was educated at the Geneva University (lic. iur. 1987) and was registered as attorney-at-law with the Geneva Bar Registry in 1990. Prior to joining Walder Wyss, Luc Defferrard was working for seven years with UBS in Geneva, Zurich and New York as client manager and project manager in corporate and structured finance. In this position he developed the bank's structured finance offerings to clients in the French part of Switzerland.

Luc Defferrard speaks French, German and English and is Head of the Groupe Francophone of Walder Wyss. He is registered with the Zurich Bar Registry and admitted to practice in all Switzerland.

Luc Defferrard
Direct phone: +41 58 658 55 47

Walder Wyss Ltd.
Seefeldstrasse 123
P.O. Box
8034 Zurich
Switzerland
Phone +41 58 658 58 58
Fax +41 58 658 59 59


vCard

Practice Areas Publications






Switzerland – Redomiciliations into Switzerland from a Swiss corporate and tax perspective

co-authored by Urs P. Gnos, Thomas Meister and Luc Defferrard
in: "Euromoney Yearbooks: International Mergers & Acquisitions Review"
Colchester 2011, pp. 184–188





Switzerland's Takeover Law Significantly Revised

co-authored by Urs P. Gnos and Luc Defferrard
in: "World Securities Law Report" 5/2009 Vol. 15


Switzerland – Recent Developments in Swiss Takeover Law

co-authored by Luc Defferrard, Urs P. Gnos and Andrin Schnydrig
in: "Euromoney Yearbooks: International Mergers & Acquisitions Review"
Colchester 2009



Switzerland – Swiss takeover law: Development in the year 2007

co-authored by Luc Defferrard
in: "Euromoney Yearbooks: International Mergers & Acquisitions Review"
Essex/UK 2008


La Prise de Participation des Cadres au Capital-actions de leur Entreprise(Employee stock plans)

by Luc Defferrard
in: "Le Temps" 1999 (Special Edition Banking)


New developments in financing Swiss assets

co-authored by Luc Defferrard
in: "Asset Finance International" September 1998


Deals and Cases

Acquisition and Refinancing of Boost Holding Ltd.

On 31 July 2015, Cleanwood First Ltd. acquired from the Swiss private equity company Invision its participation in Boost Holding Ltd. Cleanwood First Ltd. is an investment vehicle of the entrepreneur Michael Reinwald. The Boost Group is a leading provider of point-of-sale marketing services and loyalty programs with 260 employees, activities in sixteen countries and yearly revenues of more than EUR 100 m.

Walder Wyss acted as legal advisor to Cleanwood First Ltd. on the M&A transaction and to Boost Holding AG on its refinancing. The team was led by Reto Vonzun (M&A, Partner) and Luc Defferrard (Banking Finance, Partner) and further included Robert von Rosen (M&A, Managing Associate), Martina Nüesch (Banking Finance, Associate), Dan Schmelzer (Banking Finance, Associate) and Manuel Mohler (Notarial Services, Associate). In the course of this transaction, Reto Vonzun was also elected to the Board of Directors of Cleanwood First Ltd. and of Boost Holding Ltd.


Schaeffler issues high yield bonds

Schaeffler issues high yield bonds with a total volume of approximately EUR 2 billion. Four new bonds in total were issued. In addition to three secured bonds, Schaeffler also issued an unsecured bond for the first time. The bonds, which are subject to New York law, were issued by Schaeffler Finance B.V. and are listed on the Euro MTF market of the Luxembourg Stock Exchange. Standard & Poor's and Moody's have rated the secured bonds at Ba2/BB- and the unsecured tranche at B1/B.

Walder Wyss has advised Schaeffler on the Swiss law aspects of the issue of the bonds. The Walder Wyss team was led by Luc Defferrard (Partner, Banking Finance) and Markus Pfenninger (Partner, Banking Finance), and included Jan H. Hoffmann (Associate, Banking Finance) and Fabian D. Glässer (Trainee, Banking Finance).


L’Oréal purchases Decléor and Carita from Shiseido

The French cosmetics group L'Oréal S.A., Paris, acquired Decléor and Carita from Japanese manufacturer Shiseido Co., Ltd.

Decléor and Carita are two of the world's leading trademarks for professional skin and hair care in beauty parlours. In 2012, the turnover generated for both trademarks amounted to approx. EUR 100 million. L'Oréal is the world's biggest cosmetics group who generated an annual turnover of approx. EUR 23 billion in 2013 and employs around 77'400 people. Shiseido was founded in 1872 and is a player in the luxury cosmetics sector as well as the broader area of body and hair care.

Walder Wyss AG advised L'Oréal on the Swiss law aspects of the acquisition. The team included Luc Defferrard (Partner, Corporate/M&A), Hubertus Hillerström (Managing Associate, Corporate/M&A), Alexander Nikitine (Managing Associate, Capital Markets, Corporate/M&A) and Christoph Stutz (Associate, Employment).


HgCapital acquires 91.85% in P&I Personal & Informatik AG and launches public tender offer

A company within the HgCapital Group has entered into an agreement to acquire 91.85% of all outstanding shares in P&I Personal & Informatik AG (P&I AG) from The Carlyle Group. The transaction is subject to regulatory approval. In the meantime, an affiliated company of the HgCapital Group has launched a public tender offer for the remaining shares in P&I AG. P&I AG has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since 1999.

HgCapital is a leading European private equity investor with funds under management of more than EUR 6 bn. It mainly invests in the technology, media and telecommunications sector, industry, the service sector, healthcare and renewable energies. P&I AG is a leading German payroll and transactional HR software provider and also provides HR software and outsourcing services.

Walder Wyss AG advises HgCapital on all Swiss related aspects in this transaction. The team has been led by Alexander Nikitine (Managing Associate, Capital Markets, Corporate/M&A) and Luc Defferrard (Partner, Banking Finance, M&A) and further includes David Hadad (Associate, Banking Finance) and Simone Wetzstein (Associate, Corporate/M&A).


Attolight SA has completed a new round of financing

Attolight SA has completed a new round of financing

Attolight SA has completed a new round of financing with both institutional and private investors, which include among others Aargauische Kantonalbank, Zürcher Kantonalbank, StartAngels Network and Verve Capital Partners.

Walder Wyss acted as legal counsel to Attolight. The Walder Wyss team was led by Luc Defferrard (Partner, Corporate) and included Franziska Gisiger (Associate, Corporate).


Curriculum Vitae PDF