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Portrait of Jerome Levrat

Jérôme Levrat

Partner
Head of Private Equity & Commercial Geneva

CMS von Erlach Partners Ltd
Rue Bovy-Lysberg 2
PO Box
1211 Geneva 3
Switzerland
Languages Bulgarian, English, French, German

Jérôme Levrat specialises in corporate law, private equity, venture capital, M&A and commercial matters.

He regularly advises funds and companies (including in the industrial, distribution, health care and life sciences, finance and energy sectors) in international and national M&A and private equity transactions, and routinely represents investors and start-ups in venture capital investments and financial rounds.

Jérôme also has solid experience in regard to commercial contracts, including joint ventures and shareholders agreements, with a particular focus on distribution contracts, and in corporate restructurings and relocations (headquarters transfers, cross-border mergers, split-ups, transformations, asset transfers, etc.).

Jérôme Levrat studied law at the Universities of Fribourg and Berlin (FUB, Germany). After graduating magna cum laude, he worked as a teaching assistant in the Department of Contract Law at the University of Fribourg. Afterwards he completed a traineeship with the Court of Justice of the canton of Geneva and then with a leading Swiss arbitration law firm. Admitted to the bar in 2008 (ranked third), he worked for five years in a prominent business law firm in Geneva before joining CMS as a Senior Associate in January 2015.

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"You guys have been incredibly helpful through this whole project dating back to the beginning of the year. Definitely one of the best advisors I have worked with thus far."

Jérôme Levrat, Client Feedback, 2015

Relevant experience

M&A & investment capital

  • SERCAB GROUP, the leader in the Swiss in the gemstone cutting and setting industry for the manufacturing of luxury consumer goods (watches and jewelry), in a tri-partite strategic merger, including the shareholders agreement and all other satellite agreements.
  • A global leader in the manufacturing of home and professional appliances, on the Swiss-law aspects of the spin-off of its professional appliances business to its shareholders and the subsequent listing of the newly created parent company.
  • SNCF Mobilités, the main French rail operator, on the acquisition of a 45% stake in BLS Cargo AG, a major player in the Swiss rail freight market.
  • A major French bank, on several stake acquisitions in Swiss or foreign groups, particularly in the sector of watchmaking technology.
  • MICHELIN, a world leader in the tire industry, on the acquisition of a minority stake in the German group A.T.U., a service provider in the automotive sector owned by the Mobivia Group.
  • A French hotel group, on the acquisition of a historic hotel in the city of Geneva.
  • A global leader in security inks for banknotes and sensitive documents on various M&A and refinancing transactions.
  • INEOS, a world leader in the pharmaceutical industry, on the acquisition of FC Lausanne-Sport, a historic club of the Swiss Football Championship.
  • The founders of My-Store SA, online store leader in Western Switzerland, on the sale of a majority stake to the Ringier Group.
  • Several start-ups, particularly in the perfume, jewelry, food-processing and new technologies industries, on the establishment of the structure and profit-sharing plans, the financing and the participation to capital, shareholders agreements and related agreements (distribution, supply, sale, etc.).

Restructuring and relocation & Corporate law

  • An American multinational, world leader in the aerospace industry, on several domestic restructuring operations and corporate law issues.
  • A French commodities dealer, relocating its Swiss trading activities to France.
  • A global blockchain player on the relocation of shareholding structure in Switzerland and the intellectual property rights.
  • A French industrial group, leader in the motorisation and automation of housing and building openings, on relocation operations (headquarters transfer), restructuring and corporate law issues.
  • A French group, leader in the production, processing and distribution of materials, on a cross-border merger (to France) of a holding company.
  • A Swiss leader in outpatient surgery, on domestic restructuring and corporate law issues.

Distribution and other contracts

  • A European franchiser active in the distribution of world leading brand sports products, in connection with various questions relating to Swiss-law governed franchise contracts.
  • The wealth management - global property fund of a world leading investment bank, on complex Swiss law-governed questions regarding the legal and contractual relationships between fund's investors (including certain investors identified as designated persons for the purpose of US, UK and other sanctions regimes) and an entity of the bank as the investors' nominee.
  • A world leader in the production and distribution of beverages, on different contracts for distribution, franchise and license matters, particularly on customer compensation issues.
  • An American multinational, on setting up a joint venture in Asia for the manufacture and distribution of baby care products.
  • A global leader in the luxury goods and perfume industry on international distribution contracts.
  • A major car manufacturer on the implementation of framework agreements related to maintenance.
  • An American multinational based in Switzerland, world leader in the manufacture and distribution of consumer goods, on various aspects of international distribution contracts (contract law, competition and private international law).
  • A joint venture between a global leader in leasing and management of industrial wagons and containers and an asset management company. 

Competition

  • Diffulivre, a Swiss company and member of the Hachette Group, in its successful appeal before the Swiss Supreme Court brought against the 2019 judgment by the Swiss Administrative Court regarding the distribution of French language books in Switzerland.
  • A large publishing and content distribution group, for the merger clearance in connection with the sale of its press distribution and new products activities to a Swiss player.
  • A global group of delivery services, on antitrust matters as part of a sponsorship agreement with an international sports federation.
  • Public producers and suppliers of electricity, on mergers in the energy sector and as part of a request for provisional measures based on alleged abuse of dominance.
  • A European private equity fund, for the merger clearance in connection with the acquisition of a major international sports marketing company based in Switzerland.
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Memberships & Roles

  • Geneva Business Law Association
  • Swiss Association of Competition Law (ASAS)
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Awards & Rankings

  • Global Law Experts (GLE) | Venture Capital, Switzerland, 2022 | Global Law Expert
  • Global Law Experts (GLE) | Corporate law, Switzerland, 2022 | Global Law Expert
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Publications

  • The Venture Capital Law Review, Chapter Switzerland, The Law Reviews, since 2021 (with Vaïk Müller)
  • Introduction générale au droit commercial suisse, Commentaire Romand du Code des obligations II, Helbing Lichtenhahn 2017 (2nd ed.) (with Pierre Tercier)
  • Le contrôle des concentrations d'entreprises dans le secteur de l'électricité, Pratique de la Commission de la concurrence, Jusletter, 27 october 2014 (with Pascal G. Favre)
  • Les perquisitions en droit de la concurrence, Bulletin SEV/AES (electrosuisse et Association des entreprises électriques suisses), 7/2010 (with Pascal G. Favre)
  • Merger control in Switzerland, Competition & Cartel Leniency Multi-jurisdictional Guide 2010, 2011, 2012, 2013 and 2014/15 (with Pascal G. Favre)
  • Restraints of trade and dominance in Switzerland, Competition & Cartel leniency Multi-jurisdictional Guide 2010, 2011, 2012, 2013 and 2014/15 (with Pascal G. Favre)
  • Cartel leniency in Switzerland, Competition & Cartel Leniency Multi-jurisdictional Guide 2010, 2011, 2012, 2013 and 2014/15 (with Pascal G. Favre)
  • Introduction générale au droit commercial suisse, Commentaire Romand du Code des obligations II, Helbing Lichtenhahn 2008 (with Pierre Tercier)
  • Romania and Switzerland, A Comparative Study on the Implementation of the acquis communautaire, Romanian Journal of International Law 3/2006, pp. 130 ss (with Ionut Raduletu)
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Lectures list

  • Association des entreprises électriques suisses (VSE/AES)
  • Le droit de la concurrence – Défis pour la branche, Lausanne, April 2010
  • Association des entreprises électriques suisses (VSE/AES)
  • Les conditions générales, validité et mise en œuvre par les acteurs du marché suisse de l’électricité, aspects contractuels et de droit de la concurrence, Lausanne, October 2009
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Education

  • 2008 – Bar exam
  • 2003 – Universities of Fribourg (Switzerland) and Berlin (Germany)
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12/05/2022
10 key as­pects of the re­vised EU com­pet­i­tion law in the field of dis­tri­bu­tion...
The new Ver­tic­al Block Ex­emp­tion Reg­u­la­tion (VBER) and the new ac­com­pa­ny­ing Ver­tic­al Guidelines (VGL) were pub­lished on 10 May 2022. The new VBER will enter in­to force on 1 June 2022 and ap­ply for the next twelve years. The new VBER/VGL in­tro­duce sev
19/09/2019
CMS Switzer­land ad­vises in a stra­tegic freight rail­cars part­ner­ship
CMS Switzer­land ad­vises in a stra­tegic freight rail­cars part­ner­ship Dr Pas­cal Favre and his Geneva-based M&A team ad­vised PRIO SA, a Swiss joint ven­ture com­pany in which SIG-i Cap­it­al AG, a private mar­kets...
20/11/2017
CMS SWITZER­LAND AD­VISES IN­EOS
The ac­quis­i­tion of FC Lausanne-Sport CMS Switzer­land has ad­vised IN­EOS, one of the world's largest man­u­fac­tur­ers of chem­ic­als and oil products, on the ac­quis­i­tion of FC Lausanne-Sport, a Swiss his­tor­ic...

Feed

13/09/2022
CMS ad­vised Dif­fulivre
Dif­fulivre's suc­cess­ful ap­peal be­fore the Swiss Su­preme Court in the French lan­guage books case
22/07/2022
CMS Switzer­land ad­vises in a tri-partite mer­ger in the gem­stone cut­ting...
SER­CAB SA, Proserto SA and VAL'HEURE SA – Swiss lead­ing com­pan­ies act­ive in the gem­stone cut­ting and set­ting in­dustry for over 30 years – merged by way of ab­sorp­tion giv­ing ori­gin to a new SER­CAB GROUP SA, based in Geneva, with more than 200 em­ploy­ees. This stra­tegic mer­ger aims at con­sol­id­at­ing the po­s­i­tion of the three com­pan­ies in the Swiss mar­ket of gem­stones cut­ting and set­ting for the in­dustry of lux­ury watches and jew­elry.CMS Part­ner, Jérôme Lev­rat, as­sisted the three com­pan­ies and their share­hold­ers in this com­plex tri-partite mer­ger, and handled all as­pects of the trans­ac­tion, in­clud­ing the share­hold­ers agree­ment and all satel­lite agree­ments.
08/10/2021
The Ven­ture Cap­it­al Law Re­view: Switzer­land
In re­cent years, the Swiss start-up scene has de­veloped strongly and the in­ter­na­tion­al per­cep­tion of Switzer­land as a start-up and in­vest­ment loc­a­tion has sig­ni­fic­antly in­creased. While the num­ber of...
21/09/2021
Im­pact of Com­mis­sion's Q&A Guid­ance on SF­DR dis­clos­ures for Swiss Fund...
On 26 Ju­ly 2021, the European Com­mis­sion pub­lished its Q&A guid­ance (Guid­ance) on the EU Sus­tain­able Fin­ance Dis­clos­ure Reg­u­la­tion (SF­DR). In this Law-Now, we provide a prac­tic­al view on how SF­DR dis­clos­ure...
25/03/2020
Q&A | Force ma­jeure un­der Swiss law - Re­quire­ments and con­sequences
Force ma­jeure un­der Swiss law - Re­quire­ments and con­sequences Ques­tions and an­swers in re­la­tion to COV­ID-19 in Switzer­land  Is there le­gis­la­tion on force ma­jeure in Switzer­land? Un­der Swiss law, there...
09/01/2020
New part­ner at CMS
CMS von Er­lach Pon­cet is de­lighted to an­nounce Me Jérôme Lev­rat’s pro­mo­tion to part­ner from 1 Janu­ary 2020Jérôme Lev­rat is a mem­ber of our Cor­por­ate/M&A de­part­ment in Geneva. His main areas of...
19/09/2019
CMS Switzer­land ad­vises in a stra­tegic freight rail­cars part­ner­ship
CMS Switzer­land ad­vises in a stra­tegic freight rail­cars part­ner­ship Dr Pas­cal Favre and his Geneva-based M&A team ad­vised PRIO SA, a Swiss joint ven­ture com­pany in which SIG-i Cap­it­al AG, a private mar­kets...
19/02/2018
CMS ad­vises Mich­elin in the ac­quis­i­tion of a minor­ity stake in A.T.U (Auto-Teile-Un­ger)
Mich­elin, world lead­ing tire man­u­fac­turer, has entered in­to a part­ner­ship with Mo­bivia, the European lead­er in multi-brand vehicle ser­vi­cing and parts, which has led to the ac­quis­i­tion by Mich­elin of...
20/11/2017
CMS SWITZER­LAND AD­VISES IN­EOS
The ac­quis­i­tion of FC Lausanne-Sport CMS Switzer­land has ad­vised IN­EOS, one of the world's largest man­u­fac­tur­ers of chem­ic­als and oil products, on the ac­quis­i­tion of FC Lausanne-Sport, a Swiss his­tor­ic...
19/02/2017
CMS Switzer­land ad­vised SNCF Mo­bil­ités EPIC
CMS Switzer­land ad­vised SNCF Mo­bil­ités EPIC, a sub­si­di­ary and di­vi­sion of the SNCF Group, on the ac­quis­i­tion of a par­ti­cip­a­tion of 45% in BLS Cargo AG, one of the main act­ors of the rail­way freight trans­port...
23/11/2016
Com­pet­i­tion Prac­tice
Spe­cial­ist ad­vice across the full range of com­pet­i­tion law ser­vices Our spe­cial­ist com­pet­i­tion law­yers of­fer you ex­pert ad­vice on all as­pects of Swiss and European com­pet­i­tion law, tailored to the spe­cif­ic...
20/10/2015
CMS ad­vises My-Store SA in a trans­ac­tion with Ring­i­er AG
Swiss me­dia com­pany Ring­i­er AG has ac­quired a 60% stake in My-Store SA, West­ern Switzer­land’s lead­ing on­line out­let shop. The founders of My-Store SA will re­tain a minor­ity stake of 40%. My-Store SA...