20 July 2018

Sale of ASIC Robotics AG and Reinvestment



Paragon Partners GmbH with its registered seat in Munich, Germany, acquired from the three former shareholders, Evoco AG, STS Management AG and Renaissance PME fondation suisse de placement, all Shares in ASIC Robotics AG with its registered seat in Burgdorf, Switzerland. On 12 July 2018 the Share Purchase Agreement was successfully completed. The former shareholders STS Management AG and Renaissance PME fondation suisse de placement reinvested in ASIC Robotics AG as part of the transaction. ASIC Robotics AG develops and manufactures custom-built machines for production, assembly and testing processes for a wide variety of industries e.g. med-tech automotive watchmaking and electronics.

Walder Wyss acted as advisor for the three former shareholders, Evoco AG, STS Management AG and Renaissance PME fondation suisse de placement, in this transaction. The Walder Wyss team included Stefan Knobloch (Partner, Corporate/M&A), Markus Vischer (Partner, Corporate/M&A), Dario Galli (Associate, Corporate/M&A), Christine Leuch (Associate, IP/IT), Manuel Bigler (Associate, IP/IT), Jan Ole Luuk (Counsel, VAT), Janine Corti (Counsel, Tax).

News

News

20 July 2018

Sale of ASIC Robotics AG and Reinvestment

Paragon Partners GmbH with its registered seat in Munich, Germany, acquired from the three former shareholders, Evoco AG, STS Management AG and Renaissance PME fondation suisse de placement, all Shares in ASIC Robotics AG with its registered seat in Burgdorf, Switzerland. On 12 July 2018 the Share Purchase Agreement was successfully completed. The former shareholders STS Management AG and Renaissance PME fondation suisse de placement reinvested in ASIC Robotics AG as part of the transaction. ASIC Robotics AG develops and manufactures custom-built machines for production, assembly and testing processes for a wide variety of industries e.g. med-tech automotive watchmaking and electronics.

Walder Wyss acted as advisor for the three former shareholders, Evoco AG, STS Management AG and Renaissance PME fondation suisse de placement, in this transaction. The Walder Wyss team included Stefan Knobloch (Partner, Corporate/M&A), Markus Vischer (Partner, Corporate/M&A), Dario Galli (Associate, Corporate/M&A), Christine Leuch (Associate, IP/IT), Manuel Bigler (Associate, IP/IT), Jan Ole Luuk (Counsel, VAT), Janine Corti (Counsel, Tax).