CMS Switzerland advises Schaeffler on the sale of its fine-blanking business
Zurich, Schaeffler Schweiz GmbH, headquartered in Romanshorn, a fully owned subsidiary of Schaeffler AG, sells its fine-blanking business to the Swiss Guentensperger Group.
The fine-blanking business of Schaeffler generated revenues of approx. CHF 50 million in the previous business year. All of the about 170 employees working for the fine-blanking business shall transfer to the buyer. The transaction is expected to be completed in the first half of 2017.
A team of CMS Switzerland led by M&A Partner Stefan Brunnschweiler advises Schaeffler regarding all legal aspects related to the sale of the fine-blanking business.
Stefan Brunnschweiler, Lead Partner, Global Head of CMS Corporate/M&A
Dr Daniel Jenny, Corporate/M&A
Anna Tomaschek, Corporate/M&A
Florian Jung, Corporate/M&A
Dr Sibylle Schnyder, Partner, Real Estate
Seraina Kihm, Real Estate
Mark Cagienard, VAT, Tax