Deals & Cases

Centiel goes public on SIX Swiss Exchange

21 aprile 2026

On 17 April 2026 Centiel Ltd. shares were admitted to trade on the Six Swiss Exchange upon completion of a Reverse Takeover transaction contemplating Centiel’s merger with HT5 AG, a company originating from the former HOCHDORF Group, and the placement of a total of 15'386'988 new shares. The company resulting from the merger, immediately renamed Centiel Ltd., is based in Lugano, Switzerland. Centiel is a technology company group that develops, manufactures, and supplies advanced uninterruptible power supply (UPS) systems for mission-critical applications, designed to support operational continuity and energy efficiency. The company builds on engineering expertise in transformer-less and modular UPS technologies and operates through a network of subsidiaries and channel partners to serve customers in various international markets.

Walder Wyss advised Centiel and its shareholders in this transaction. The Walder Wyss team was led by Stefano Codoni (Partner, Corporate/M&A) and further included Hans-Jakob Diem (Partner, Corporate/M&A), Valerio Caccia (Managing Associate, Corporate/M&A), Christian A. Schmid (Managing Associate, Corporate/M&A), Simone Schürch (Senior Associate, IP/IT), Oliver M. Kunz (Partner, Litigation) and Andrea Menon (Associate, Regulatory).