CMS advised ISS on the acquisition of Livit FM Services AG

The leading facility management and workplace experience company ISS has acquired Livit FM Services AG from its previous parent company Livit AG.

Livit FM Services AG looks after a large proportion of Swiss Life properties in Switzerland. The company has over 670 employees. The takeover of Livit FM Services AG is a strategic acquisition that strengthens ISS Switzerland's market position. The transaction will enable ISS to expand and develop its service delivery to the real estate industry segment. The integration of the acquired company is expected to be completed in the first quarter of 2023. Livit FM Services AG will operate under the ISS brand in the future.

A team of CMS led by Dr Daniel Jenny comprehensively advised ISS on all legal matters of this transaction.

CMS Switzerland

• Dr Daniel Jenny, Partner, Corporate/M&A
• Dr Ferdinand Blezinger, Associate, Corporate/M&A
• Florian Jung, Associate, Corporate/M&A
• Alexandra Stocker, Associate, Corporate/M&A
• Reto Hunsperger, Partner, Commercial
• Dr Marjolaine Jakob, Partner, Commercial
• Christina Winter, Associate, Employment
• Helena Loretan, Associate, Real Estate
• Mark Cagienard, Partner, Tax