The shareholders of Swissbit entered into a share purchase agreement with Ardian regarding the sale of the Swissbit group. Swissbit is a global leader and the only independent European provider of NAND-flash based storage and embedded Internet of Things (IoT) solutions. The transaction is subject to approval by antitrust authorities.

Bär & Karrer acts as legal advisor to the selling shareholders in this transaction. The team includes Christoph Neeracher, Philippe Seiler, Raphael Annasohn, Raphael Egger, Yves Suter, Lukas Bründler and Li Wei Dutler (all M&A), Fanny Sutter (Employment), Markus Wang (IP/IT), Susanne Schreiber and Elena Kumashova (both Tax), Micha Schilling (Finance) as well as Mani Reinert (Competition).

For further information please contact:

Media Relations, Eric Stupp
Tel: +41 58 261 50 00
Email: eric.stupp@baerkarrer.ch

Bär & Karrer is a renowned Swiss law firm with more than 170 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.