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Deals 31 Oct 2023 · Switzerland

CMS advised Druz Family in 55% stake sale of VMD Group to Corticeira Amorim

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CMS Switzerland advised the Druz family, the owners of VMD Group, in the sale of a majority (55%) stake in the Group to the Portugal-based Corticeira Amorim, S.G.P.S., S.A., acting through its subsidiary Amorim Cork S.A.

VMD Group, comprising Chaillot Bouchons SA, Suboeno SA and PM Œnologie Consulting Sàrl, is Switzerland's leader in the production of cork stoppers and the distribution of oenological products. The Group, established in the late 19th Century as a family business, is led by Vanessa Druz – a fourth generation family member.

Amorim group is the world’s largest cork producer and one of the most dynamic Portuguese multinationals with almost 150 years of experience in the industry and presence in hundreds of countries around the globe. The synergies created through this transaction will allow VMD to further its development goals, combining technology, know-how and tradition to produce top-quality products and solutions tailored to the needs of its customers.

The CMS Tax and Corporate / M&A team led by Andrio Orler and Pascal Favre, comprised Kevin Marcato, Julien Witzig, Maëlle Imloul and David Müller.

CMS worked side by side with RSM Switzerland's Corporate Finance team led by Daniel Rochat and Jean-Yves Bonvin, and comprising Elizabette Carreiras and Benjamin Gibello.

CMS Switzerland

RSM Switzerland Corporate Finance Team 

  • Daniel Rochat
  • Jean-Yves Bonvin
  • Elizabette Carreiras
  • Benjamin Gibello
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