TVS Motor Company acquires majority stake in Swiss E-Mobility Group
TVS Motor Company announced today that it has acquired a majority stake in Swiss E-Mobility Group (SEMG) from Constellation Capital and certain minority shareholders in an all-cash transaction. SEMG is a market leading provider of e-mobility solutions in the DACH region, operating the largest pure-play e-bike retail chain in Switzerland with close to USD 100m in revenue.
Lenz & Staehelin advises TVS Motor Company in this transaction. The team is led by Tino Gaberthüel and Simone Ehrsam (both M&A) and includes Alex Wille, Xavier Grivel, Till Haechler, Olivia Curiger (all M&A), Anja Affolter Marino (Employment/Pension), David Hitz (IP), Leo Rusterholz (IT) and Astrid Waser (Antitrust).