On 15 January 2018, the Bell Food Group AG announced the launch of a takeover bid for all publicly listed bearer shares of Hügli Holding Aktiengesellschaft. Hügli is an internationally operating food manufacturing company producing soups, sauces, bouillons and convenience food. Bell is one of the leading meat processors and convenience food producers in Europe.

Bell acquired all shares in Dr. A. Stoffel Holding AG from the family of Hügli's founder to gain indirect control over the majority of shares in Hügli. Bell and Hügli also signed a transaction agreement concerning the public tender offer. The current chairman of Hügli is to be elected as a member of the board of directors of Bell at the upcoming annual general meeting.

Bär & Karrer acts as Hügli's legal advisor. The team includes Rolf Watter, Dieter Dubs, Daniel Küpfer, Annina Hammer and Matthias Tanner (all M&A/Corporate), as well as Mani Reinert, Barbara Wälchli and Marius Vischer (all Competition).

For further information please contact:

Media Relations, Eric Stupp
Tel: +41 58 261 50 00

Bär & Karrer is a renowned Swiss law firm with more than 150 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.