FGvW Advises Tech Group in Relation to the Acquisition of Fischer IMF GmbH & Co. KG

On 30 March 2016, the listed Swiss Adval Tech Holding AG has agreed with its former shareholders on the acquisition of Fischer IMF GmbH & Co. KG in Endingen am Kaiserstuhl, Germany. The transaction will be completed in a few weeks.

The Adval Tech Group (www.advaltech.com) was founded in 1924 under the name Styner+Bienz with registered seat in Niederwangen (Swiss canton of Bern) and specializes in the production of plastic and metal components, as well as high-performance molds (Adval Tech FOBOHA). In the components business, Adval Tech focuses on the automotive market and on related applications. Adval Tech’s principal markets in the mold-making segment are consumer and personal care, packaging, medical and automotive. In the fiscal year 2015, the Adval Tech Group generated total sales in the amount of approximately 224 million Swiss Francs. The Group has approximately 1,600 employees and offices in Europe, Asia, the USA, as well as South America and Central America.

The family business Fischer IMF (www.fischer-imf.de) was founded in 1985 by its former owner and managing director Eberhard Fischer and his wife. Fischer IMF develops, engineers and produces press tools and specializes in the production of metal components and the assembly of modules with a focus on the automotive industry. The company currently has approximately 280 employees and generated total sales of approximately 30 million Euros in the fiscal year 2015. Fischer IMF’s customers include auto manufacturers (OEM) and their direct suppliers (first tier).

Friedrich Graf von Westphalen & Partner mbB advised the Adval Tech Group in relation to this transaction. The Zurich based Law Firm Wegner & Vieli (lawyers Christoph Schmid and Marc Walter) had the lead and provided advice with respect to Swiss law.

Our involved lawyers were:

• Barbara Mayer, partner (corporate / M&A)

• Sven Ufe Tjarks, senior associate (corporate / M&A)

• Friederike Schäffler, partner (real estate)

• Stephanie Krüger, senior associate (employment law)

Contact: Barbara Mayer