Schellenberg Wittmer advised SIX Swiss Exchange-listed HOCHDORF Holding AG, a Swiss market leader in milk processing, specialising in infant nutrition, powder drying and mixing technology for milk-based and alternative proteins, on the sale of its operating subsidiary HOCHDORF Swiss Nutrition AG to AS Equity Partners.
Subject to the necessary approvals and other customary conditions, the transaction is expected to be completed before the end of 2024.
Schellenberg Wittmer also represented HOCHDORF Holding in the proceedings successfully seeking a provisional debt restructuring moratorium and in the proceedings before the Swiss Takeover Board.
The Schellenberg Wittmer team consists of Lorenzo Olgiati (Corporate / M&A, Capital Markets), Marcel Jakob (Corporate / M&A, Restructuring & Insolvency), Daniele Simoniello, Michael Erben, Olivia Wipf and Ursina Goop (Corporate / M&A, Capital Markets), Benno Strub (Restructuring & Insolvency), Anita Schläpfer, Dominic Wälchli and Andrea Andelic (all Banking & Finance) as well as Michael Nordin and Tabea Elmer (all Taxation).