P&I Personal & Informatik Ltd. acquires business division HR from Soreco Ltd.
29 March 2015 – P&I Personal & Informatik Ltd. acquires the business division HR from Soreco Ltd, Schwerzenbach, Switzerland with retroactive effect from January 1, 2015. All employees at the current business locations in Bolligen and Schwerzenback are taken over as well as the HR products and the ongoing customer contracts. With the acquisition of Soreco HR AG the P&I Group consolidates its market position in Switzerland as an international HR technology company, whose products and service offering is established in the premium sector for human resource management systems.
Walder Wyss advises the acquiror in connection with this transaction. The Walder Wyss team is being led by Alexander Gutmans (Partner, Corporate/M&A) together with Barbara A. Keiser (Associate, Corporate/M&A) and further includes Maurus Winzap (Partner, Tax), Robert von Rosen (Managing Associate, Corporate/M&A), Michael Isler (Associate, IP/IT) and David M. Hill (Associate, Employment Law).