Schellenberg Wittmer advised Euronext Paris-listed Groupe SEB, world leader in small domestic equipment with a unique portfolio of top brands, in its acquisition of Swiss based Pacojet, a group of companies specializing in the development and worldwide marketing of "Pacojet", an iconic culinary appliance that has been a favorite of chefs for thirty years.
Founded in 1992, Pacojet is a Swiss enterprise that has developed a emulsifier that can make ice creams, sorbets, sauces, mousses, fillings, purées and much more in less than 90 seconds. The success story attributed with Pacojet led to the neologism of "pacotizing®" (pacossieren®, pacosser®), today registered trademarks referencing the unique process associated with using the Pacojet to process frozen food into ultra-smooth textures.
The team of Schellenberg Wittmer acted as Swiss legal counsel to Group SEB. The Schellenberg Wittmer team consisted of Lorenzo Olgiati (Corporate/M&A / overall lead), Daniele Simoniello, Nicolas Kurz and Gian Berner (all Corporate/M&A), Philipp Groz and Alisa Zehner (IP), Michael Hess and Selena Beschle (Employment), Michael Nordin and Roland Wild (Taxation), Samuel Klaus and Helen Reinhart (ICT), Anita Schläpfer and Dominic Wälchli (Banking & Finance), as well as David Mamane and Amalie Wijesundera (Competition).
Herbert Smith Freehills Paris LLP acted as international legal counsel to Group SEB in this transaction.