CMS ADVISES RIETER ON THE ACQUISITION OF THE SSM DIVISION FROM SCHWEITER

Rome - Rieter Holding AG, Swiss leader in precision winding machines in the fields of dyeing, weaving and sewing thread preparation, acquired the SSM Textile Machinery division from Schweiter Technologies AG (Switzerland) at a purchase price of CHF 124.2 million. The target company is present in Switzerland, Italy and China. Both Rieter Holding AG and Schweiter Technologies AG are listed on the principal Swiss stock exchange (SIX Swiss Exchange). CMS assisted Rieter on all matters of the transaction.

CMS in Italy’s team, comprised by Pietro Cavasola (Partner) and Rosida Carpagnano (Counsel) for Corporate aspects and Marco Casasole (Partner) for real estate aspects, worked with the international team of CMS lawyers from Switzerland and China, led by Dr Daniel Jenny (CMS Switzerland).

CMS Italy
Pietro Cavasola, Partner, Corporate / M&A 
Rosida Carpagnano, Counsel, Corporate / M&A 
Marco Casasole, Partner, Real Estate

CMS Switzerland
Dr Daniel Jenny, Lead Partner, Corporate / M&A 
Dr Patrick Sommer, Partner, Competition 
Andrea Ferchl, Associate, Corporate / M&A 
Stipe Jozic, Associate, Corporate / M&A 
Marion Wyler, Associate, Competition 
Seraina Kihm, Associate, Real Estate 
Alexandra Stocker, Trainee, Corporate / M&A

CMS China
Dr Ulricke Glück, Partner, Corporate / M&A 
Jeanette Yu, Counsel, Employment & Pensions 
Lingyun Rao, Associate, Real Estate 
Jie Lin, Associate, Corporate / M&A and Competition