Chequers Capital and management take over Riri from Gilde Buy Out Partners

On October 29, 2018, Chequers Capital announced that it has reached an agreement to acquire together with management Riri, a leading manufacturer of zippers and buttons for the high-end luxury fashion and accessories industries, from funds advised by Gilde Buy Out Partners. Completion of the transaction is expected to occur in November 2018.

Lenz & Staehelin is advising Chequers Capital in this transaction. The Lenz & Staehelin team includes partners Stephan Erni (lead, Corporate and M&A), Marcel Tranchet (Banking and Finance), Heini Rüdisühli and Pascal Hinny (both Tax) as well as counsel Franziska Stadtherr (Tax) and associates Eric Olivier Meier, Ralph Kaufmann and Nicole Humbel (all Corporate and M&A), Lukas Aebi and Thomas Würsten (both Tax), Pascal Genoud and Hannes Kieser (both Banking and Finance), Thierry von Aarburg (Employment) and Sinem Süslü (Competition).