Geberit announces offer to acquire Sanitec
On October 14, 2014, Geberit, the European leader in the sanitary technology sector, has announced the offer to acquire all shares in Sanitec, the European leader in the bathroom ceramics sector. The offer price corresponds to a total equity value of CHF 1.29 billion. The shares in Sanitec are listed on NASDAQ Stockholm.
Lenz & Staehelin advises Geberit on all matters of Swiss law in this transaction. The team includes partners Marcel Tranchet (Finance, Lead), Rudolf Tschäni (Corporate), Patrick Hünerwadel (Finance), Tino Gaberthüel (Corporate) and associates Pascal Genoud (Finance) and Katarina Dim (Finance).