Aduno Group’s acquisition of majority interest in Accarda

Accarda, the leading independent processor and issuer of private label cards in Switzerland, was a joint venture between Maus Frères SA and Aduno Holding AG.

Aduno as the prevailing bidder in an auction process announced that it agreed to acquire 70% of the shares in Accarda currently held by Maus Frères, thereby becoming the sole shareholder of Accarda.

Maus Frères considers Aduno as the ideal partner to successfully develop the long-standing business relationship of Accarda with Manor and Jumbo.

Lenz & Staehelin is advising Maus Frères and its affiliates Manor and Jumbo in this transaction. The team includes Beat Kühni (overall & lead, in picture) and Dominik Kaczmarczyk, Andreas Hinsen, Fabiano Menghini and Marc Zimmermann (all Corporate and M&A).

Bär & Karrer acts as legal advisor to Aduno Group. The team includes Thomas U. Reutter, Daniel Raun, Anna Capaul and Manuela Cassano (M&A), Rashid Bahar, Martin Peyer and Michel Stübi (Regulatory), Mani Reinert (Competition), Laura Widmer and Laura Rubeli (Employment), Ralph Malacrida (Financing) as well as Mariel Hoch (Corporate/Commercial) and Jonas Bornhauser (IP).

Involved fees earner: Beat Kühni – Lenz & Staehelin; Dominik Kaczmarczyk – Lenz & Staehelin; Andreas Hinsen – Lenz & Staehelin; Fabiano Menghini – Lenz & Staehelin; Marc Zimmermann – Lenz & Staehelin; Thomas Reutter – Bär & Karrer; Daniel Raun – Bär & Karrer; Anna Capaul – Bär & Karrer; Manuela Cassano – Bär & Karrer; Mariel Hoch – Bär & Karrer; Mani Reinert – Bär & Karrer; Rashid Bahar – Bär & Karrer; Martin Peyer – Bär & Karrer; Michel Stübi – Bär & Karrer; Ralph Malacrida – Bär & Karrer; Laura Widmer – Bär & Karrer; Laura Rubeli – Bär & Karrer; Jonas Bornhauser – Bär & Karrer;

Law Firms: Lenz & Staehelin; Bär & Karrer;

Clients: Aduno Gruppe; Maus Frères SA;