The SIX listed Tecan Group AG and the majority shareholders of Sias AG agreed to the acquisition of Sias AG by Tecan. Sias AG is a leading OEM supplier of a wide range of modular and complete laboratory automation solutions. Sias AG will become a part of Tecan's partnering business, leveraging Tecan's global sales infrastructure and after-sales support capabilities. Closing of the transaction is subject to certain conditions, including the timely transfer of a sufficient number of shares.
Bär & Karrer is acting as legal advisor to Tecan Group AG. The Bär & Karrer team includes Ralph Malacrida, Micha Schilling, Célia Jimenez, Florian Roth, Markus Wang and Jonas Bornhauser.