Homburger advises Zur Rose Group in the acquisition of the e-commerce activities of German online pharmacy medpex
On October 18, 2018, Zur Rose Group AG (SIX:ROSE), Europe’s leading e-commerce pharmacy, announced that it is acquiring the e-commerce activities of Germany’s third-largest online pharmacy, medpex. The transaction is subject to regulatory clearances. Zur Rose Group plans to finance the transaction via a rights offering of approx. CHF 200 m, which is fully underwritten by a bank syndicate.
Homburger acts as Swiss law counsel to Zur Rose Group in the M&A transaction and as issuer counsel in the financing. The Homburger team is led by partner Daniel Hasler (Corporate / M&A) and comprises partners Daniel Daeniker (Corporate / M&A) and Dieter Grünblatt (Tax), associates Daniel Häusermann and Lorenzo Togni (both Corporate / M&A), Valentin Fluor (IP / IT), Manuel Dubach (Tax), as well as junior associates Fabrice Eckert and Luca Baltensperger (both Corporate / M&A). Georg Rauber (IP / IT) advises on the transactions as client relationship partner.