GIA Informatik AG with registered office in Oftringen has acquired 100% of the shares in Avectris AG with registered office in Baden from its previous shareholders (Axpo Holding AG, Elektrizitätswerke des Kantons Zürich und AEW Energie AG). By virtue of this transaction, one of the largest Swiss IT service providers with more than 600 employees at the pre-existing locations has been created.
The business of GIA Informatik and Avectris business comprises comparable services on different sales markets. Both entities, thus, complement each other perfectly. Both entities offer holistic IT services including cloud & data centers, workplace solutions, SAP consulting and implementation, RPA, digitalization solutions and CAD/PDM solutions. GIA Informatik is focused on industrial clients, whereas Avectris' business is centered on utilities providers, health care sector, financial services and service providers.
Peter Merz, CEO of GIA Informatik: «We have observed Avectris' strong performance for some time and are convinced by the high quality of the service offerings. Together, Avectris and GIA Informatik will create substantial added value for our employees and our customers.»
Ales Kupsky, CEO a.i. of Avectris: «GIA Informatik and our enterprises complement each other perfectly. I am convinced that these two entities being brought together will, thanks to their similar values, open up optimal perspectives for the employees and the customers.»
Stephan Wintsch, chairman of the board of the buyer GIA Informatik: «We are delighted to play an active role in the consolidation of the IT services sector. Following several smaller acquisitions, we have now successfully taken a leading role in the Swiss IT market following the acquisition of Avectris.»
A team of CMS Zurich led by Stefan Brunnschweiler advised GIA Informatik AG on all legal aspects of this transaction.
CMS Switzerland
- Stefan Brunnschweiler, Partner, Corporate / M&A
- Mark Cagienard, Partner, Tax
- Dr Dirk Spacek, Partner, Intellectual Property
- Andrea Relly, Associate, Corporate / M&A
- Florian Jung, Associate, Corporate / M&A
- Jens Lehmann, Associate, Tax
- Raphael Zemp, Trainee, Corporate / M&A
- Dominik Bonderer, Trainee, Corporate / M&A
