The shareholders of Norline AG have entered into a share purchase agreement regarding the sale of the majority in Norline Group to Argos Wityu, an independent European private equity firm. Norline is the largest provider of outsourcing services in the heating, ventilation, air conditioning and plumbing (HVAC) sector in Switzerland. The transaction will be completed in the upcoming weeks.
Bär & Karrer acts as legal advisor to the sellers in this transaction. The team of Bär & Karrer is being co-led by Christoph Neeracher, Philippe Seiler and Elisabeth Rinderknecht and includes Thomas Rohde, Benjamin Grunwald, Dominique Nguyen and Nick Aschwanden (all M&A), Lukas Rösler (Financing), Susanne Schreiber, Cyrill Diefenbacher, Julian Hodel and Ricardo Marino (all Structuring / Tax), Jonas Bornhauser (IP/IT) and Özden Omürcan (Notarial Services).