Mobiliar closes acquisition of SwissCaution

On October 12, 2016, Schweizerische Mobiliar, the oldest Swiss insurance company, successfully completed the acquisition of all shares in SC, SwissCaution SA, from its current shareholder.

SwissCaution is the leader in rental guarantees in Switzerland with more than CHF 40 million in premiums, more than 180'000 affiliated customers representing CHF 3 billion annual rental status and currently more than 40'000 new customers each year.

Lenz & Staehelin advised Mobiliar in this transaction. The team was led by partner Andreas Rötheli (Corporate and M&A) and included partner Jacques Iffland (Corporate and M&A) and associates Roman Graf (Corporate and M&A) and Sevan Antreasyan (Competition).