Eiffage to acquire Yerly Installations SA
The "Energy" division of the French industrial group Eiffage acquires the family and management owned Yerly Installations SA, based in the canton of Fribourg and operating throughout the French speaking part of Switzerland. Both Eiffage and Yerly Installations SA will join force to foster within Switzerland the development of the activities carried out so far by Yerly in the heating, vents and construction sectors. The historical management will remain in place.
Lenz & Staehelin is advising both the sellers and the target group on the tax structuring aspects of the transaction. The team includes partner Daniel Schafer and associate Lionel Delgado (both Tax).