Schellenberg Wittmer advised TE Connectivity (NYSE: TEL), a world leader in connectivity and sensors, on the acquisition of family-owned ERNI Group AG, a leading firm in electronic connectivity for factory automation and automotive. The transaction is expected to close by the end of the current quarter, following the receipt of customary regulatory approvals.
The team at Schellenberg Wittmer consisted of Oliver Triebold (overall lead), Marcel Jakob, Céline Schmid, Daniele Simoniello, Beatrice Borio (all Corporate/M&A), David Mamane and Amalie Wijesundera (Competition/Antitrust), as well as Anita Schläpfer and Fabio Elsener (Banking & Finance).