ITS Kanal Services AG acquires Restclean AG
22 May 2023 – ITS Kanal Services AG acquired Restclean AG. Restclean AG is a specialist in the field of WC cleaning and renovation. ITS Kanal Services Ltd, in Boswil, is a full-service provider for the maintenance and value preservation of sewer systems and surfaces. With 400 employees, it offers services in the areas of sewer cleaning, sewer inspection, trenchless rehabilitation, wastewater recycling as well as demarcation, skid resistance improvement and surface cleaning.
Walder Wyss advised ITS Kanal Services Ltd on the acquisition. The team was led by Alex Nikitine (Partner, Corporate/M&A) and Christian A. Schmid (Associate, Corporate/M&A) and further included Simone Wetzstein (Partner, Employment), Valentina Eichin (Associate, Employment), Monique Sturny (Partner, Competition), Gion Giger (Counsel, Competition), Janine Corti (Counsel, Tax), Vangelis Kalaitzidakis (Associate, Tax), Manuel Bigler (Managing Associate, IP), Michael Kissling (Associate, Corporate/M&A), Helene Tasman (Trainee, Corporate/M&A) and Kevin Caratsch (Trainee, Corporate/M&A).