SELECTED PROJECTS

open
Aryzta

Enterprise valuation within an internal reorganization process

IFBC was mandated by ARYZTA to perform several enterprise valuations of international legal entities within an internal reorganisation process. The mandates involved the benchmarking of the business plan, a company valuation based on the DCF-approach, on multiples as well as on the adjusted net asset value.

ARYZTA AG is a global company with a leadership position in specialist bakery products.

open
Aryzta

Development of an integrated cost of capital concept

IFBC developed an integrated cost of capital concept for ARYZTA covering different areas of financial management (investment assessments, acquisitions, value based management and impairment testing). A core element of the concept is the definition of sustainable input-parameters and the consideration of different currencies.

ARYZTA AG is a global company with a leadership position in specialist bakery products.

open
LafargeHolcim

Developing Impairment Model

Redesign of impairment model assuring compliance with the requirements of IAS 36 and taking into account current corporate finance practice. Main challenge in the global business model of LafargeHolcim was the correct handling of the different inflation levels, currencies and country risks.  

LafargeHolcim is a global supplier of cement.

open
Spice Private Equity Ltd

Determination of fair value of employee stock options

For the annual report according to IFRS, Spice Private Equity Ltd regularly engages IFBC as independent financial advisor to determine the fair value of the employee stock options issued.  

Spice Private Equity is a Swiss investment company with a main focus on private equity in emerging markets. The company is listed on the SIX Swiss Exchange and is included in the Swiss Performance Index (SPI) since May 2015.

Show more projects