MediaMarktSaturn and Migros concluded an agreement according to which MediaMarktSaturn will take over 20 melectronics stores. The stores as well as the existing employees and apprentices will become part of MediaMarkt Schweiz. The closing of the transaction is subject to the approval by the competition authorities.
Bär & Karrer acted as legal advisor to MediaMarktSaturn in this transaction. The team was led by Urs Kägi and included Linus Zweifel and Gabriela Schiltknecht (all M&A), Rocco Rigozzi and Corina Moschen (both Real Estate), Laura Widmer, Nicola Schön and Vanessa Müller (all Employment), Ruth Block-Riemer and Stefan Bollinger (both Pension), Mani Reinert, Theresa Pressler und Martin Werner (all Competition) as well as Susanne Schreiber and Martin Leu (both Tax).