Homburger is advising Bosch Service Solutions in its planned acquisition of Elpro Group AG
On December 16, 2021, Bosch Service Solutions, a leading provider of technology-based services, announced that it planned to acquire Elpro Group AG, headquartered in Buchs, Switzerland. Founded in 1986, the company develops monitoring solutions for the pharmaceutical, biotech, life science and healthcare industries. This includes, for example, uninterrupted monitoring of the cold chain for pharmaceuticals. With the acquisition of the Elpro Group, Bosch Service Solutions is expanding its portfolio and entering the pharmaceutical services sector. Bosch and Elpro signed agreements on the planned acquisition on December 15, 2021. The parties have agreed not to disclose the purchase price. The transaction is subject to approval by the competent antitrust authorities.
Partner David Oser (Corporate / M&A) is leading the Homburger team, which includes partner Reto Heuberger (Tax), associate Claudine Schär, associate Olivier Bühlmann, junior associates Benjamin Camavdic and Lars Schöni (all Corporate / M&A) and associates Philippe Baumann and Kirsten Wesiak-Schmidt (both IP / IT).