Swiss Prime Site to sell Wincasa to Implenia

On March 29, 2023, Swiss Prime Site AG signed an agreement to sell its Wincasa group company to Implenia for an enterprise value of CHF 235 million. Subject to regulatory approval, the transaction is expected to close in the second quarter and the economic interest will be transferred retrospectively as of January 1, 2023.

Lenz & Staehelin is acting as legal advisor to Swiss Prime Site AG in this transaction. The team is led by Stephan Erni (Corporate and M&A) and includes Norman Walczak, Nick Mezger, Louis Probst and Alina Kuster (all Corporate and M&A), Stephan Brandner and Lukas Aebi (both Tax), Astrid Waser (Competition) as well as Elena Nauer (Employment).