A.P. Møller Holding acquires Unilabs

Niederer Kraft Frey acted as Swiss counsel to A.P. Møller Holding A/S on the acquisition of Unilabs from funds advised by Apax Partners LLP.

Unilabs is a leading pan-European provider of laboratory and imaging diagnostics services for patients and caregivers with significant activity also in the Middle East and in Latin America. With its headquarters being in Geneva, Unilabs employs approx. 12,600 people and operates more than 200 laboratories and 180 imaging centres in 15 countries. Unilabs had revenues of EUR 2 billion and an EBITDA of EUR 600 million in the 12 months ending September 2021.

A.P. Møller Holding A/S is the family-owned parent company of the Danish A.P. Møller Group. A.P Møller Group is comprised of a portfolio of companies such as, among others, global shipping company Maersk or leading Nordic bank Danske Bank. The addition of Unilabs to A.P. Møller Group is part of the latter’s expansion into new activities underpinned by the next decades’ evolving macro themes.

The NKF team was led by M&A/Finance partners Till Spillmann and Adrian Koller, working with associate Katalin Siklosi and junior associates Selim Lötscher and Max Hoffet (all M&A/Finance) as well as partner Clara-Ann Gordon and associate Binderyia Gan-Ayush (both Data Protection), counsel Janine Reudt-Demont (Life Sciences) and junior associate Luisa Egli (Technology), partner Daniel Eisele (Dispute Resolution), partner Nicolas Birkhäuser (Antitrust/Competition), partner Andreas F. Vögeli and senior associate Oliver Zbinden (Real Estate) and associate Annina Fey (Employment).