M&A Report 

In addition to our M&A Yearbook we create a quarterly M&A reports that reflect the activities of the Swiss M&A market.


After last year's comparatively subdued performance, Switzerland's M&A market got off to a stronger start in 2014. While there was a slight increase in the number of mergers and acquisitions, the value of those transactions rose considerably compared to the first quarter of 2013. With transactions totaling USD 26 billion, this quarter recorded the highest total transaction volume since the second quarter of 2012 when the Glencore/Xstrata megadeal was announced. In fact, the 76 transactions reported were generally of a higher level. Several of them were even valued at over USD 1 billion, something that both highlights the market's momentum and shows that the high volume was not merely the result of a few large individual deals.

Top Swiss M&A transactions Q1 2014


Announced date Target Stake Target country Bidder Bidder country Value (USDm)

Feb 2014

Share Buy-Back L'Oreal SA



L'Oreal SA



Feb 2014 MultiPlan, Inc.


 United States Partners Group Holding; Starr Investment Holdings, LLC Switzerland


Mar 2014 Commodities Unit (JP Morgan Chase)


 United States Mercuria Energy Trading SA Switzerland


Jan 2014 Foster Wheeler AG


 Switzerland Amec Plc United Kingdom


Feb 2014 Swisscom AG


 Switzerland Unknown Investors Unknown


Jan 2014 Sulzer Metco AG


 Switzerland OC Oerlikon Corp AG Switzerland


Feb 2014 Fermaca


 Mexico Partners Group Holding AG Switzerland


Mar 2014 Cloverhill Bakery


 United States Aryzta AG Switzerland


Mar 2014 Pineridge Bakery Inc


 Canada Aryzta AG Switzerland


Jan 2014 Galderma S.A.


 Switzerland CSA Real Estate Switzerland Switzerland



Number and value of deals per quarter


M&A Yearbook

rollup image ma yearbook
The "M&A Yearbook" provides an overview of the mergers and acquisitions in Switzerland over the last year well as an outlook for the coming year.