CMS advises ISS on the acquisition of gammaRenax AG

Zurich, May 2024 | ISS Facility Services AG acquires gammaRenax AG. gammaRenax is an accomplished quality provider of integral facility services with 1,800 employees at 16 offices spread across all regions of Switzerland. Versatility, flexibility and customer focus are key characteristics of the owner-managed company's understanding of service. With a portfolio of over 1,600 properties, gammaRenax is one of the most important facility services providers in Switzerland.

With this acquisition, ISS seeks to strengthen its position as leading provider of comprehensive facility management services in Switzerland. There are synergies in the customer base and new competencies in the areas of hotel services and hygiene management for pools and wellness areas. With the FM Academy, gammaRenax also has profound expertise in training and further education in areas such as hygiene management, property maintenance and building services. These specialisations will complement the services offered by ISS Switzerland and provide the customers of both companies with an extended range of high-quality services. The seller, Severin Gallo, will join the board of ISS Facility Services AG.

ISS Switzerland is the leading provider for workplace experience and facility management. ISS offers intelligent and scalable solutions that contribute to better business performance and make life easier, more productive and more enjoyable - developed to high standards and implemented responsibly by dedicated people. ISS employs around 12,500 people in Switzerland and 350,000 worldwide in over 30 countries.

A team of CMS led by Dr Daniel Jenny has advised ISS on all legal aspects of this transaction. The further consisted of Dr Ferdinand Blezinger, Florian Jung, Christian Gersbach, Miryam Meile, Dr Dirk Spacek, Julia Nitschke and Helena Loretan.

CMS Switzerland

• Daniel Jenny, Partner, Corporate / M&A
• Dr Ferdinand Blezinger, Senior Associate, Corporate / M&A         
• Florian Jung, Senior Associate, Corporate / M&A    
• Christian Gersbach, Partner, Employment 
• Dr Miryam Meile, Senior Associate, Employment
• Dr Dirk Spacek, Partner, IP/IT
• Julia Nitschke , Associate, IP/IT
• Helena Loretan, Associate, Real estate