Successful completion of capital increase of SIX Swiss Exchange listed Airopack Technology Group AG
In connection with the strategic partnership entered into by SIX Swiss Exchange listed Airopack Technology Group AG (ATG) with funds managed by affiliates of Apollo General Management, LLC (the Apollo Funds), ATG on 7 July 2016 successfully completed its capital increase regarding the equity investment from the Apollo Funds with net proceeds in the amount of approximately CHF 43.5 million. ATG is a leading provider of innovative mechanical and pressure-controlled dispensing packaging technologies and systems with customers including worldwide manufacturers and suppliers of cosmetics, body care, pharmaceutical and food products. Since 11 July 2016, the new shares issued to the Apollo Funds are listed on the SIX Swiss Exchange. Lenz & Staehelin acted as Swiss counsel to ATG and also acted as listing agent in respect of the listing of the new shares on the SIX Swiss Exchange.
The Lenz & Staehelin team included Patrick Schleiffer (Capital Markets, Corporate), Fabiano Menghini (Corporate), Ramona von Riedmatten (Capital Markets), Michael Kremer (Capital Markets) and Stephan Brandner (Tax).