SAS Eurotandem merges with Advaton AG

Niederer Kraft Frey acted as lead counsel to CGS Management AG and Advaton AG, owner of Kalt Maschinenbau AG and Staedler Automation AG on the merger of Advaton AG with the French company SAS Eurotandem.

SAS Eurotandem is a leading French specialist in cheese, dairy and process technology, and intends to pool their capabilities with Kalt Maschinenbau AG and Staedler Automation AG, in order to act as a major full-range provider in cheese and dairy processing and manufacturing solutions, and thus accelerate the growth path achieved by both companies in the past years.

CGS is an independent, experienced investment firm based in Pfäffikon SZ, Switzerland. CGS is specialised in building medium-sized companies in industrial sectors into international groups. Since 1999, CGS funds have been investing in platform companies in Europe’s German-speaking countries and making add-on acquisitions worldwide.

The NKF team was led by M&A/Finance partner Adrian Koller, working with associate Manuel Hirlinger (M&A/Finance), partner Thomas Graf (Tax) as well as senior associates Derya Oezdogan and Sven Kälin (both Tax).