Groupe Alpha sells 21.88% interest in Uster Technologies Ltd. in connection with Toyota's announced tender offer
Lenz & Staehelin advises the European private equity firm Groupe Alpha in the sale of its 21.88% stake in SIX-listed Uster Technologies AG to Toyota Industries Corporation. Uster Technologies is a producer of testing and monitoring instruments for the textile industry headquartered in Uster, Switzerland. The signing of the transaction was followed by Toyota Industries announcing a tender offer for all of Uster's publicly held shares on the next day.
The L&S team included Matthias Wolf and Karin Steiner (both Corporate/M&A) of the Zurich office.