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 was engaged by the Hemro Group to develop a new bonus and employee participation program. As part of the design of the new model, the relevant performance indicators, objectives and bonus curves were redefined and suggestions for the payment forms of the variable compensation have been developed. Based on the current business plan of Hemro, IFBC made a transparent analysis for both the decision makers as well as the management how the remuneration and ownership structure of Hemro will evolve.
The Hemro Group is a strategic umbrella organization of the coffee grinder brands Mahlkönig, Ditting, Anfim and HeyCafé and a global leader in the field of coffee grinding.
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.
IFBC supported Clientis EB Entlebucher Bank in the review and further development of the strategy 2020-2024. Various workshops with the board of directors of Clientis EB Entlebuch Bank formed the basis for the strategy review. IFBC was engage in the pre- and post-processing of the workshops and supported the strategy process as an external moderator during the workshops.
Clientis EB Entlebucher Bank AG is a Swiss regional bank based in Schüpfheim in the region Entlebuch.
IFBC has been supporting ANLIKER for years as an external partner in the area of performance management. In addition to the development and ongoing preparation of various planning and budgeting tools, IFBC structured and implemented various reports as a basis for the financial management of ANLIKER’s divisions.
ANLIKER is one of the leading construction and real estate companies in Switzerland. With locations in the market areas of Central Switzerland, Zurich, Northeastern Switzerland, Aargau, Solothurn, Basel and Berne, ANLIKER realizes projects for large companies, the federal government and cantons as well as numerous other institutional and private clients.
IFBC prepared a Fairness Opinion to the Board of Directors of the Swiss Federal Railways SBB to assess the offer for the 35% minority stake in SBB Cargo AG by Swiss Combi AG from a financial perspective.
The Swiss Federal Railways SBB is the national railway company of Switzerland organized in tree divisions: Passenger Traffic, Infrastructure & Real Estate and Cargo (SBB Cargo AG).
IFBC was engaged as an independent valuation expert by the SCOR Group to determine the fair value of SCOR Switzerland AG as part of a restructuring process.
The SCOR Group is the fifth largest reinsurer in the world, offering insurance companies a diversified range of risk control and management solutions and services. The head office of the listed company is in Paris.
IFBC was engaged to assess Bucher’s value-based management approach and to determine the risk-adjusted cost of capital rates for the different divisions. As part of the further development of the management approach, a special focus was placed on the consideration of acquisitions as part of financial management.
Bucher Industries is a global technology group with leading market positions in specialist areas of mechanical engineering and vehicle construction. The company is listed on the Swiss stock exchange.
IFBC developed for Starrag a new concept for the risk-adjusted calculation and steering of orders in connection with a further development of management reporting.
The further development was based on a review of the financial management and the identification of improvement potentials in terms of best practice.
Starrag Group is a global technology leader in manufacturing high-precision machine tools for milling, turning, boring and grinding workpieces of metallic, composite and ceramic materials.
IFBC exclusively acted as financial advisor to Erdgas Ostschweiz AG on the sale of its minority stake in SET Swiss Energy Trading AG as well as on the termination of existing contractual obligations with SET Swiss Energy Trading AG.
Erdgas Ostschweiz AG is one of five regional natural gas supply companies in Switzerland and has about 65 employees. The transport is environmentally friendly, mostly underground through the approximately 630 km long high-pressure natural gas network.
In order to finance approved capital expenditures related to the regional passenger transport, BLS AG successfully placed two long-term debut bonds worth CHF 100 million each on the Swiss capital market in the fourth quarter 2018. IFBC supported the company as a financial advisor during the entire financing process from the development of the financing concept to the subsequent implementation via the two debt capital market financings.
Through an integrated public transport network on rails, roads and water, BLS connects the greater Bern area with six other cantons. Today, BLS is Switzerland’s strongest independent private railway.
IFBC was mandated by SBB to further develop the existing model for the assessment of real estate projects. The new model will enable SBB to assess real estate projects of various types (including station facilities used by the public, railway real estate as well as development and yield projects) in a standardised manner based on specific value and cost drivers. The model is not only used for project assessment, but also for planning and reporting purposes. For these alternative applications, interface and consolidation functions as well as various evaluation options were developed.
SBB is the largest Swiss transport company and one of the largest real estate companies in Switzerland.