RIRI Group sold to OC Oerlikon
On December 16, 2022, the shareholders of RIRI Group, a leading provider of coated metal accessories for the luxury fashion industry, announced having entered into a definitive agreement to sell RIRI Group to OC Oerlikon Corporation AG, Pfäffikon (SIX: OERL), a global innovation provider for surface engineering, polymer processing and additive manufacturing.
The transaction is expected to close in the first quarter 2023, subject to regulatory approvals and customary closing conditions.
Lenz & Staehelin is acting as legal advisor to the selling shareholders of RIRI Group in this transaction. The team is led by Stephan Erni (Corporate and M&A) and includes Iliana Djagova and Louis Probst (both Corporate and M&A) as well as Pascal Hinny, Franziska Stadtherr and Lukas Aebi (all Tax).