Homburger advises ARYZTA AG on disposal of its North American business to Lindsay Goldberg LLC

On March 12, 2021, ARYZTA AG (SWX: ARYN) announced that it has signed a definitive agreement to sell its North American business to Lindsay Goldberg LLC for a total enterprise value of USD 850 m.

The transaction is expected to complete by the end of ARYZTA’s current 2021 financial year and is subject to closing conditions customary for this type of transaction.

Homburger acted as Swiss counsel to ARYZTA in connection with the transaction. The Homburger team was led by partner Claude Lambert and comprised partner Andreas Müller and associates Marc Hanslin and Margrit Marti (all Corporate / M&A), associate David Thomann (Competition, Regulatory) as well as junior associate Géraldine Danuser (Corporate / M&A).