Savills (Overseas Holdings) Limited, a group company of the Savills Group, acquires VERBIER HOSPITALITY SA, based in Verbier (Val de Bagnes). 

Leipzig – The current partners of the Cowen Europe Group are taking over the Continental European investment banking business of TD Cowen, a division of TD Securities. With 12 partners and 50 employees...

Stuttgart - An international team led by CMS partner Dr. Tobias Grau advised founder Thomas Schwanhäuser on the sale of all shares in Solvians Group to Bowmark Capital LLP, a London-based private equity...

DER Touristik Suisse AG, a group company of the German REWE Group, acquires Golf and Travel AG, based in Root.

Rankings of CMS Switzerland in The Legal 500 EMEA 2023 Edition

Lab14 GmbH, a portfolio company of RSBG SE, the investment company of the RAG-Foundation, acquires a majority stake in Liestal-based Nanosurf AG. Zurich, 26 January 2023 

The Swiss investor Capvis, which specialises in medium-sized investments, acquires a majority stake in the Lucerne-based SCHURTER Group. The founding and previous owner family continues to hold a stake in the company and is represented on the board of directors by Thomas Schurter.

9. Dezember 2022DER Touristik Suisse AG has sold a minority stake in RAILTOUR (SUISSE) SA to ÖBB subsidiary Rail Tours Touristik GmbH. With this step, DER Touristik Suisse AG aims to expand the rail expertise of its subsidiary RAILTOUR (SUISSE) SA in the growth market for sustainable rail travel. The cooperation with ÖBB is also intended to strengthen RAILTOUR (SUISSE) SA in the development of its sales expertise and access to new customer groups. DER Touristik Suisse AG is a market-leading Swiss tourism company and covers the entire spectrum of the travel world with its tour operators Kuoni, Helvetic Tours and specialist tour operators. As part of the DER Touristik Group, it belongs to one of the largest travel groups in Europe. A team from CMS Switzerland and CMS Germany, led by partner Stephan Werlen (CMS Switzerland), advised DER Touristik Suisse AG on all legal aspects of the transaction. CMS SwitzerlandDr Stephan Werlen, Partner, Corporate / M&AAlexandra Stocker, Associate, Corporate / M&ADavid Hürlimann, Partner, TaxJens Lehmann, Associate, TaxDr Dirk Spacek, Partner, IP/ITMarquard Christen, Partner, Merger ControlCMS GermanyChristoff Henrik Soltau, Partner, Merger Control

1. Prospectus requirement Offer to the public (i.e. an offer to an unlimited number of persons concerning the subscription for new securities or the purchase of securities in Switzerland). Application...

Axpo Holding AG sells its 12.69 % stake in Repower AG to the co-shareholders Canton of Graubünden, Elektriz­ität­swerke des Kantons Zürich (EKZ) and UBS Clean Energy Infrastructure Switzerland. Eighteen months ago, Axpo set the ambitious goal of increasing its onshore wind and solar installed capacity by 3 GW and 10 GW respectively by 2030, on an international scale. While the company will retain ownership of some of these newly developed plants, the majority will be sold to other investors. In Switzerland, through its subsidiary CKW, Axpo plans to invest up to CHF 1 billion in photovoltaic, wind power, biomass, hydropower and other technologies within the country’s regulatory and financial framework. With this in mind, Axpo continuously reviews options to divest non-strategic businesses and shareholdings, enabling it to redeploy the resulting financial resources in growth areas. In accordance with this strategy, Axpo has now successfully disposed its 12.69 % minority shareholding in Repower AG to EKZ, UBS Clean Energy Infrastructure Switzerland and the Canton of Grisons. All parties have agreed not to disclose the purchase price. Axpo remains the largest producer of electricity from hydropower in the Canton of Grisons and Switzerland.A team from CMS Switzerland, led by partner Stephan Werlen, advised Axpo on all legal matters of the transaction. CMS Switzer­land­Dr Stephan Werlen, Partner, Corporate / M&APascal Stocker, Associate, Corporate / M&A

Investment management firm Baillie Gifford & Co invests in Climeworks, the pioneer and market leader in removing carbon dioxide from the air using direct air capture technology. Baillie Gifford & Co is one of UK's leading independently owned investment management firms. In addition to Baillie Gifford & Co, Partners Group and GIC (as lead investors) as well as Carbon Removal Partners, Global Founders Capital, John Doerr, M&G, Swiss Re and other new and existing shareholders, including long-time investor and anchor shareholder BigPoint, participated in the CHF 600 million investment round. The funding will launch the next phase of Climeworks' growth, increasing direct air capture capacity to several million tonnes and building large-scale direct air capture plants.A team from CMS Switzerland, led by partner Stephan Werlen, advised Baillie Gifford & Co on all legal matters of the transaction. CMS SwitzerlandDr Stephan Werlen, Partner, Corporate / M&APascal Stocker, Associate, Corporate / M&AMark Cagienard, Partner, Tax