OWiba AG together with its subsidiaries, Iba AG, Office World AG and Tramondi Büro AG, is a leading retailer for office supplies and office furniture in Switzerland. OWiba Group operates 24 stores in Switzerland and has approximately 400 employees. OWiba Group generated a total turnover of about CHF 180 m in the fiscal year 2016.
The parties have agreed to keep the details of the transaction confidential.
Homburger advised MTH in this transaction. The Homburger team was led by partner Daniel Hasler (Corporate / M&A) and included partner Franz Hoffet (Competition / Regulatory), associates Sergio Bortolani and Kevin M. Hubacher as well as associates Nadine Wahlquist (all Corporate / M&A), Sévérine Frunz (IP / IT) and junior associate Claudine Schär (Corporate / M&A).