As an expert, IFBC quantified the financial damages in connection with a large, international M&A transaction in the context of arbitration proceedings. The IFBC team prepared two expert reports and, in addition, Dr. Thomas Vettiger testified as an expert witness before the arbitral tribunal in Zurich as part of these arbitration proceedings under the rules of International Arbitration of the SCAI. The process was settled with an amicable agreement between the parties.
IFBC valued for Siegfried Holding AG as issuer two privately placed hybrid convertible bonds in the total amount of CHF 80 million.
The Siegfried Group is a global life sciences company and currently employs about 3500 people at eleven sites on three continents. Siegfried is active in manufacturing pharmaceutical APIs (and their intermediates) as well as drug products for the pharmaceutical industry and provides development services.
On 29 January 2021, OFFIX Holding AG (which belongs to the Swiss PEG Papeteristen Einkaufsgenossenschaft) and the Swiss Office World Holding AG (which belongs to the international MTH Retail Group Holding GmbH), announced that they intend to bundle their Swiss business in the new Office World Group AG.
IFBC acted as Financial Advisor to OFFIX Holding AG for this important transaction. IFBC particularly supported its client with valuation and transaction price considerations and in price negotiations.
Today OFFIX Holding AG is one of the leading players in the area of paper and stationery products in Switzerland. It has an annual turnover of around CHF 240mn and a total headcount of 235 employees.
IFBC supported Energie Ausserschwyz AG as exclusive financial advisor and guided the company through the entire financing process. The company signed a loan agreement (amount CHFm 60) with a Swiss bank and raised additional equity from a strategic partner.
With the realisation of the district heating project, which involves the construction of a wood-fired combined heat and power plant, a biogas plant and a district heating network, Energie Ausserschwyz AG will in the future supply the population of the Canton of Schwyz with environmentally friendly heat and electricity. Energie Ausserschwyz AG is thus making a significant contribution to the switch to more ecologically energy sources.
On 27 January 2020, the leading Swiss digital agency Hinderling Volkart AG (“Hinderling Volkart”) announced that it will become part of the Dutch company Dept Holding B.V. (“Dept”). Hinderling Volkart from Zurich as well as the two subsidiaries Hinderling Volkart Bern and HV Italic from Basel are joining the internationally expanding Dept.
IFBC acted as exclusive M&A advisor to Hinderling Volkart during the entire transaction. Among others, IFBC performed a structured international buyer approach, developed the transaction structure, organized the due diligence and led the negotiations.
Hinderling Volkart is a multiple award-winning Swiss digital agency. Its approximately 60 employees work at three locations in Zurich, Bern and Basel for clients such as SwissRe, Edelweiss, Swiss and Switzerland Tourism.
IFBC has been mandated by Octapharma to prepare a valuation in the context of STAF to the attention of the Swiss tax authorities. The valuation of Octapharma has been based on the DCF approach and considers tax-specific circumstances. The resulting value was benchmarked using multiples of comparable companies and transactions.
Octapharma Group is specialized in the development and production of preparations from human plasma. The group focuses on highly pure, virus-inactivated drugs for the treatment of diseases in the fields of hematology, immunology and intensive care medicine.
IFBC acted as exclusive M&A advisor to Netcetera during the entire transaction process. IFBC supported Netcetera in preparing and structuring the transaction, conducted a structured international investor approach, coordinated the due diligence and supported the contract negotiations.
Netcetera is a global software company with cutting-edge IT products and individual digital solutions in the areas of secure digital payment, financial technologies, media, transport, healthcare and insurance.
Schindler mandated IFBC to perform an independent valuation of the Chinese participation Schindler-Volkslift Elevator Co. Ltd. as Schindler needs to include Volkslift-Schindler in its scope of consolidation.
Schindler is a leading manufacturer of elevators, escalator, and moving walkways, as well as a provider of vertical transportation maintenance and modernization across the globe.
IFBC has been mandated by Latco to prepare a valuation in the context of STAF to the attention of the Zug cantonal tax authority. The valuation of LATCO has been based on the DCF approach and considers tax-specific circumstances. The resulting value was benchmarked using multiples of comparable companies and transactions.
Latco is as subsidiary of Magna International group. Latco engages in the production and trading of timing belt tensioners.
IFBC was engaged by the board of directors of Meyer Burger Technology AG („Meyer Burger“) to prepare an independent Financial Opinion assessing the offer made by Süss MicroTec SE for the inkjet printing business (PiXDRO) from a financial point of view.
Meyer Burger is a globally active technology company specialized in systems and production equipment for the photovoltaic (solar), semiconductor and optoelectronic industries. The company is listed on the SIX Swiss Exchange and had a market capitalization of approximately CHF 270 million as of December 2019.
IFBC was engaged as financial advisor with focus on the identification and valuation of services and ancillary services with regard to compliance with the applicable price rules under Swiss takeover law. The results were reported in the form of an expert opinion and reviewed and assessed by the review body of the transaction.
CSA Energy Infrastructure Switzerland is an investment group of Credit Suisse Investment Foundation.
IFBC was engaged by Swiss International Air Lines (SWISS) to determine the fair market value of selected trademark rights from the perspective of an independent third party. In addition to the evaluation of word and figurative trademarks, a comprehensive portfolio of registered domain names had to be analyzed and evaluated.
Swiss International Air Lines is the airline of Switzerland. From Zurich and Geneva, over 100 destinations in 44 countries are served worldwide. With a fleet of around 90 aircrafts SWISS carrys around 18 million passengers a year.