Granita Holding AG’s Acquisition of Wymed AG

Kellerhals Carrard acted as legal advisor to Granita Holding AG on this transaction.

Granita Holding AG, majority-owned by Swiss entrepreneurial families under the leadership of Kontivia AG, a Zurich based long term oriented investment firm, successfully completed a capital increase and acquired all shares in Wymed AG.

Wymed AG, based in Freienstein-Teufen, Switzerland, now together with the German HIPP Technology Group under the umbrella of Granita Holding AG, will create a leading precision mechanics group in the DACH region. The new group achieved sales of approximately EUR 50 million in 2019 and employs around 230 people.

The founder of HIPP Technology Group, Markus Hipp, remains the largest single shareholder and CEO of the enlarged group. The sellers and the management of Wymed will also participate in the new group of companies. In addition, Christoph Meier, former major stakeholder of Wymed AG, will take a seat on the Board of Directors of Granita Holding AG.

The Kellerhals Carrard team was led by Nicolas Mosimann (Picture) and comprised Sophie Holdt, Sarah Schneider, Samuel Rickli, Melanie Huber and Larissa Simeon.

Involved fees earner: Sophie Holdt – Kellerhals Carrard; Melanie Huber – Kellerhals Carrard; Nicolas Mosimann – Kellerhals Carrard; Samuel Rickli – Kellerhals Carrard; Sarah Schneider – Kellerhals Carrard; Larissa Simeon – Kellerhals Carrard;

Law Firms: Kellerhals Carrard;

Clients: Granita Holding AG;