Switzerland

Details

  • Service: Advisory, Transactions & Restructuring, Mergers & Acquisitions
  • Type: Press release
  • Date: 5/13/2014

Swiss M&A Award presented to Swatch, ABB and Capvis/Partners Group 

ABB, Swatch and Capvis/Partners Group have received Swiss M&A Awards for notable deals conducted in 2013. Their M&A activities are prime examples of Switzerland’s active corporate landscape.

A company’s decision to strengthen its market presence in select segments or to tap new markets sends a strong signal. In light of that fact, a jury of professionals made up of Adriano Agosti, Thomas Held and Patrik Kerler selected three Swiss companies in three categories to distinguish the mergers and acquisitions they announced in 2013:

 

Swatch: Most impressive international transaction

 

The Swatch Group received the “Most impressive M&A transaction” award in acknowledgment of its acquisition of Harry Winston Inc. from Harry Winston Diamond Corporation. Swatch’s purchase of Harry Winston, an American jeweler and watchmaker, for USD 1 billion, represents an important step on the jewelry market and is an impressive addition to its high-prestige segment. Harry Winston Corporation will change its name to Dominion Diamond Corporation following the deal and will remain active in the diamond mining business.

 

ABB: Most active deal maker

 

ABB made eleven transactions last year that fit KPMG’s selection criteria. Such an impressive number of deals has catapulted this world leader in the area of energy and automation technology to the top of the list for which it is being distinguished as 2013’s “Most active deal maker”. The largest deal was announced in April and concluded in July: the acquisition of Power-One Inc. for USD 1.1 billion. The takeover of this American power solutions company has allowed ABB to position itself as one of the world’s leading providers of solar power converters which transform solar power into electricity and feed it into the power grid.

 

Capvis/Partners Group: Best national transaction

 

The award for “Best national M&A transaction” was presented for one of the largest private equity deals conducted in 2013: The joint takeover of VAT Vakuumventile by Capvis and Partners Group. Through this succession arrangement, VAT Vakuumventile has found two strong investors with Swiss roots which will enable the company to press ahead with further expansion efforts and take advantage of opportunities that arise in the future. VAT Holding AG is the global market leader in high-end vacuum valves and offers the world’s largest product portfolio comprising both customized solutions as well as over 1,000 standard valves.

 

Swiss M&A Award jury

 

The Swiss M&A Award is presented by a jury made up of:

 

  • Adriano Agosti: Businessman and founder of Golden Peaks Capital
  • Dr. Thomas Held: Sociologist, manager and lobbyist
  • Dr. Patrik Kerler: Head of M&A at KPMG Switzerland (Chairman)

 

Past winners

 

 Year Most impressive M&A transaction  Most active deal maker  Best national M&A transaction
 2014 Swatch ABB Capvis/Partners Group
 2013 Glencore Barry Callebaut Bossard
 2012 Zurich Insurance Group ABB / Nestlé  Bell
 2011  ABB Nestlé  Gaydoul Group
 

Simone Glarner

Simone Glarner

Head of Media Relations

+41 58 249 55 71

KPMG M&A Award 2014 Pictures

image award winners

Pictures of the event on the NZZ Business Event Portal.

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