Bär & Karrer advises Paragon on the sale of Condecta group to Swiss Life Asset Managers. Condecta, headquartered in Winterthur, is the market leader for modular systems in Switzerland. The company operates 14 locations in Switzerland as well as additional locations in Germany and Italy. The closing of the transaction is expected to take place within the next few weeks.
The team at Bär & Karrer is co-led by Christoph Neeracher and Philippe Seiler and includes Elisabeth Rinderknecht and Benjamin Grunwald (all M&A), Susanne Schreiber and Martin Leu (both Tax) as well as Micha Schilling, Faton Aliu, and Nikolaus Lange (all Financing).
The team at Clifford Chance acts as German legal advisor and is led by Volkmar Bruckner and inter alia includes Max Petzelberger and Samuel Frommelt (all M&A).