Switzerland

M&A Report 

In addition to our annual Clarity on Mergers & Acquistion we create a quarterly M&A reports that reflect the activities of the Swiss M&A market.

 

2015 was a troubled year for the M&A market in Switzerland, albeit modest in terms of transactions concluded: While the number of transactions declined 17% year on year, the total value of mergers and acquisitions with Swiss involvement plummeted by a whopping 55% to end the year at USD 84.9 billion. This development is largely attributable to an absence of the large-scale transactions which had made 2014 such an outstanding year for M&A in Switzerland.
 

Top Swiss M&A transactions from January to December 2015

 

Announced date

Target

Stake

Target country

Bidder

Bidder country

Value (USDm)

Jul 2015

The Chubb Corporation

100

United States

ACE Limited

Switzerland

28'251

Feb 2015

Holcim Ltd. and Lafarge S.A. (certain assets)

100

United Kingdom

CRH Plc

Ireland

7'197

Mar 2015

World Duty Free SpA

100

Italy

Dufry AG

Switzerland

3'896

Jan 2015

TE Connectivity Ltd. (Broadband Network Solutions business unit)

100

Switzerland

CommScope Holding Co Inc

United States

3'000

Jul 2015

Swissport International Ltd.

100

Switzerland

HNA Group Co Ltd

China

2'879

Sep 2015

Guardian Financial Services Limited

100

United Kingdom

Swiss Re (Admin Re UK Limited)

Switzerland

2'432

Feb 2015

Sunrise Communications AG

-

Switzerland

IPO placement

Switzerland

2'398*

Mar 2015

Ikaria Inc.

100

United States

Mallinckrodt plc

Ireland

2'300

Apr 2015

Madrilena Red de Gas, S.A.U.

100

Spain

PGGM N.V., Gingko Tree Investment Limited, EDF Invest

Netherlands

2'281

Jul 2015

Universal Services of America Inc.

-

United States

Warburg Pincus LLC

United States

1'487

* reflects total placement volume of CHF 2,274 million


Number and value of deals per quarter

 


Clarity on Mergers & Acquisitions

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Providing a thorough overview of Swiss M&A activity in 2015, Clarity on Mergers & Acquisitions addresses all major industry sectors.

M&A Deals advised by KPMG