Deals & Cases

Deals & Cases

March 2016

Schweizerische Mobiliar acquires KKR's stake in Scout24 Schweiz and forms Joint Venture with Ringier

Schweizerische Mobiliar, the oldest Swiss insurance company, agreed with KKR and other shareholders to acquire a 50% interest in Scout24 Schweiz, the leading Swiss network of online marketplaces for cars, real estate and general classifieds. Mobiliar and Ringier, who holds the other 50%, agreed on a strategic partnership with respect to Scout24. 

Lenz & Staehelin advises Mobiliar in this transaction. The team includes partners Matthias Wolf (Lead, Corporate) and Astrid Waser (Competition) and associates Nicolas Bonassi, Andreas Hinsen (both Corporate), Kaj Seidl-Nussbaumer, Leo Rusterholz (both IT), Phelan Brüderlin (IP) and Jeannette Kha (Employment).