Swisspearl Group’s Acquisition of Cembrit Group A/S

Niederer Kraft Frey advised Credit Suisse and UBS on the deal.

Credit Suisse and UBS acted as arrangers on the financing of Swisspearl Group’s acquisition of Cembrit Group A/S.

Swisspearl Group AG, known for its Eternit and Swisspearl brands, is a leading creator of aesthetic and sustainable building envelopes and living spaces.

Cembrit Group A/S is a leading manufacturer of multi-capability fibre cement products for building applications in Europe. Cembrit was previously owned by Swedish investment group Solix. The company currently employs 1,400 people and has subsidiaries in 20 countries and operates five modern plants located in Poland, Hungary, Finland, and the Czech Republic.

The NKF team was led by partners Philip Spoerlé (Picture) and Adrian Koller, working with junior associates Selim Lötscher and Carlotta Ulmer (all M&A/Finance) as well as partner Markus Kronauer (Tax).

Involved fees earner: Adrian Koller – Niederer Kraft Frey Ltd; Markus Kronauer – Niederer Kraft Frey Ltd; Selim Lötscher – Niederer Kraft Frey Ltd; Philip Spoerlé – Niederer Kraft Frey Ltd; Carlotta Ulmer – Niederer Kraft Frey Ltd;

Law Firms: Niederer Kraft Frey Ltd;

Clients: Credit Suisse; UBS;

Federica Tiefenthaler

Author: Federica Tiefenthaler