Switzerland

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.

 

With an impressive number of large, strategically driven deals, 2014 was an extremely active M&A year both in Switzerland and globally. The total volume of transactions with Swiss involvement skyrocketed by USD 155 billion to reach a whopping total of USD 188 billion. Yet the M&A year was not just characterized by large landmark deals. The number of transactions also increased by an impressive 33% year on year which shows that M&A represent a vital, central element of corporate strategies in today's world.

Top Swiss M&A transactions from January to December 2014

 

Announced date

Target

Stake

Target country

Bidder

Bidder country

Value (USDm)

Apr 2014

Lafarge SA

100

France

Holcim Ltd

Switzerland

 39'968

Aug 2014

Alliance Boots GmbH

55

Switzerland

Walgreen Company

United States

 23'794

Apr 2014

Oncology Products (GlaxoSmithKline PLC)

100

United Kingdom

Novartis AG

Switzerland

 16'000**

Aug 2014

InterMune Inc

100

United States

Roche Holding AG

Switzerland

8'315

Feb 2014

Share Buy-Back L'Oréal SA / Galderma

8

France

L'Oréal SA

France

8'220*

Apr 2014

Vaccines Division (Novartis AG)

100

Switzerland

GlaxoSmithKline PLC

United Kingdom

7'100**

May 2014

Las Bambas copper mine (Glencore International AG)

100

Switzerland

Consortium led by MMG Ltd

China

6'250

Apr 2014

Animal Health Division (Novartis AG)

100

Switzerland

Eli Lilly & Co

United States

5'400

Nov 2014

SIG Combibloc Group AG

100

Switzerland

Onex Corporation

Canada

4'658

Feb 2014

MultiPlan, Inc.

100

United States

Partners Group Holding; Starr Investment Holdings, LLC

Switzerland, United States

4'400

* With L'Oréal's share buy-back from Nestlé, ownership of Galderma (a joint venture between the two groups)
passed entirely to Nestlé
** Purchase price including milestone payments



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 2014, Clarity on Mergers & Acquisitions addresses all major industry sectors.