Initial Public Offering of DKSH Holding AG

In Switzerland's largest IPO in five years, today the shares of DKSH Holding AG (DKSH) were listed on SIX Swiss Exchange according to the Main Standard. DKSH is the leading Market Expansion Services provider with a focus on Asia. With 650 business locations in 35 countries - 630 of them in Asia - and over 24,000 employees, DKSH is one of the top 20 Swiss companies ranked by sales and employees. In 2011, DKSH generated net sales of CHF 7.3 billion. In the IPO a total of 17,107,102 DKSH shares (and additional shares according to an over-allotment option of up to 10% of the base offer) have been placed at a price of CHF 48 per share in the offering to the public in Switzerland and to selected private and institutional investors abroad. The gross proceeds from this IPO amount to more than CHF 900 million.

Bär & Karrer advised DKSH in this IPO. The Bär & Karrer team included Ralph Malacrida, Till Spillmann, Eric Stupp as well as other team members, including Thomas Stoltz, Manuel Annasohn, Michael Burkhardt, Michael Eitle and Daniel Lehmann (tax).