Deals & Cases

Homburger advises Oerlikon Group on the contemplated IPO of Oerlikon's Drive Systems Segment on SIX Swiss Exchange

On June 15, 2018, Oerlikon Group (SIX: OERL), a leading technology and engineering group domiciled in Pfäffikon (SZ), Switzerland, announced its intention to publicly list its Drive Systems Segment by way of an initial public offering (IPO) on SIX Swiss Exchange during the third quarter of 2018, subject to capital market conditions. The IPO is expected to consist of a secondary offering of 87% of the shares in the to-be-listed company, GrazianoFairfield AG, and up to 100% if the overallotment option (greenshoe) is exercised in full.

Based on nearly 100 years of experience, Oerlikon’s Drive Systems Segment is a global leader in providing high-performance gears, market-leading shifting solutions, power transfer units (PTUs), differentials and planetary drives, as well as innovative solutions for hybrids and e-drives.

Homburger acts as counsel to Oerlikon Group on this IPO. The Homburger team is led by partner Daniel Hasler (Corporate / M&A) and includes associates David Borer (Banking and Finance), Karin Mattle, Lorenzo Togni and Daniel Häusermann as well as junior associate Simone Schmid (all Corporate / M&A). Partner Dieter Grünblatt and counsel Peter Müller (both Tax) provide tax advice and partner Jürg Frick (Banking and Finance) advises on the bridge financing.