PARAGON PARTNERS acquires Asic Robotics and subsidiaries
Niederer Kraft Frey advised PARAGON PARTNERS GmbH on the acquisition of Asic Robotics AG and its subsidiaries, together with the existing shareholders STS Management and Renaissance Anlagestiftung. The transaction was completed on 12 July 2018.
Headquartered in Burgdorf, Switzerland, Asic Robotics AG is a leading provider of automation solutions for national and international customers. Asic Robotics develops and manufactures custom-built machines for production, assembly and testing processes for a wide variety of industries e.g. automotive, med-tech, watchmaking and electronics. The customer-specific machines are used in production plants worldwide and are an indispensable part of the dynamic and efficient production processes of Asic’s customers.
The NKF team was led by Corporate/M&A partner Manuel Werder, working with partners Andreas Casutt on Corporate/M&A, Ulysses von Salis on Finance, Daniela Schmucki on Tax and Nicolas Birkhäuser on Antitrust/Competition, senior associate Roman Sturzenegger on Corporate/M&A, counsels Andrea Nordin and Christina Rinne on Tax, associate Victor Stancescu, junior associates Carlo Egle, Tobias Kaufmann and Alexis Brunner.