CMS advises the owners and founders on the sale of a majority stake in MyBikePlan AG to JobRad Holding
MyBikePlan AG, founded in 2017 and based in Zurich (Switzerland), is the market leader in the buy-now-pay-later sector for e-bikes and bicycles and enables customers to finance their bikes with individual down payments and durations of up to 48 months.
The JobRad Group is headquartered in Freiburg (Germany) and operates its core business of "company bike leasing" in Germany, Austria, Belgium, and the Netherlands. The JobRad Group is one of the leading providers of innovative services for sustainable and flexible bicycle mobility.
The transaction involves the sale of a majority stake in MyBikePlan AG and paves the way for the JobRad Group to enter the Swiss mobility market.
A team of CMS Switzerland lead by partner Stephan Werlen (Corporate / M&A) advised the owners and founders on the legal aspects of the transaction. The team consisted of Alexander Salamon (Associate, Corporate / M&A), Jens Lehmann (Senior Associate, Tax), and Miryam Meile (Senior Associate, Employment).
