Loyens & Loeff advised Cellularline S.p.A. on the acquisition of WorldConnect AG
Loyens & Loeff advised Cellularline S.p.A. on the acquisition of 80% of the shares in WorldConnect AG against a consideration of CHF 15.8 million. The closing of the deal is expected in the third quarter of 2020.
Through its “SKROSS” and “Q2Power” brands WorldConnect AG, a Swiss company founded in 2002, is a leader in the premium travel adapters market.
Cellularline is a European leader in the smartphone and tablet accessories industry founded in 1990 and listed on the Italian Stock Exchange (Borsa Italiana). The acquisition allows Cellularline to continuously pursue its growth strategy through offering a more extensive product portfolio (including patented products) and complementary international trademarks.
Loyens & Loeff advised Cellularline on all Swiss legal aspects of the transaction. The team is led by Marco Toni and consists of Jana Bieli, Giulia Campbell, Gilles Haudenschild, Nadja Huber, Aron Liechti, Aurélien Pasquier, Gilles Pitschen, Valérie Schrämli and Fabian Sutter. Gatti Pavesi Bianchi acted as Italian counsel to Cellularline.
Marco ToniPartner Attorney at law
Marco Toni, attorney at law, is a partner in our Zurich office. He focuses on domestic and international M&A transactions, private equity, corporate governance and general corporate, stock exchange and capital markets laws.T: +41 43 434 67 15 M: +41 79 557 62 15 E: firstname.lastname@example.org
Valérie SchrämliAssociate Attorney at law
Valérie, attorney at law, is an associate in our Zurich office and she focuses on domestic and cross-border M&A, private equity and capital market transactions, corporate governance, general corporate law and contractual matters.T: +41 43 434 67 29 E: email@example.com
Fabian SutterAssociate Attorney at law, Swiss certified tax expert
Fabian Sutter, attorney at law and Swiss certified tax expert, is an associate in our Zurich office. He focusses on Swiss and international taxation, in particular transfer pricing group and investment structures, M&A, financing and capital market transactions, private equity, venture capital and structured financial instruments.T: +41 43 434 67 14 M: +41 79 398 76 39 E: firstname.lastname@example.org