IFLR1000

Saint-Gobain SFr3.22 billion acquisition of outstanding shares of Schenker-Winkler Holding

11/5/2018
Public acquisition
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SFr 3.22 billion

$ 3.219 billion

Completed

11/5/2018

Overview:

  • French construction company Saint-Gobain has acquired Schenker-Winkler Holding from the Burkard family for a purchase price of Sfr3.22 billion.
  • The acquisition is part of the agreement between Saint-Gobain, Sika and the Burkard Family that ends more than three years of Sika takeover battle.
  • With the acquisition, Saint-Gobain retains 10.75% interest in Sika for at least two years.

Rajeeb Gurung - Researcher

Jurisdiction:

Switzerland

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Construction and materials

Firms:
Bär & Karrer

Party: Saint-Gobain (Acquirer)

Lawyers: Mariel Hoch, Rolf Watter

Lenz & Staehelin

Party: Sika (Seller)

Lawyers: Marcel Tranchet, Patrick Schleiffer, Rudolf Tschäni, Tino Gaberthüel

Walder Wyss

Party: Burkard Family (Founder of the selling company)

Lawyers: Hans-Jakob Diem, Urs Schenker

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