Fedrus International acquires Umicore's building products business
3 October 2017 – Fedrus International completed on 29 September 2017 the acquisition of Umicore's Building Products business. The transaction represents an equity value of EUR 70 millions.
Fedrus International is a Belgian group active in the distribution of roofing and façade materials. It specialises in EPDM rubber and roof sealing systems for the European market.
Walder Wyss Ltd. has advised Fedrus International as Swiss legal counsel to the transaction. The team was led by Alexandre Both (Counsel, Corporate/M&A) and included Urs P. Gnos (Partner, Corporate/M&A), Boris Räber (Associate, Corporate/M&A), David Hill (Associate, Employment), Christian Lütolf (Associate, Corporate/Insurance) and Carmen Spichiger (Junior Associate, Corporate/M&A).