Sonio group merges with BUSINESS IT AG

Niederer Kraft Frey advised the Sonio group on the merger with BUSINESS IT AG. The merger creates one of the largest ICT service providers in the field of IT infrastructure in Switzerland.

Sonio AG (formerly Infoniqa SQL AG) is a leading provider of hardware and software solutions and related services in the Swiss market. The company has around 70 employees at its locations in Baar (head office), Zurich and Bussigny-près-Lausanne.

BUSINESS IT AG, with around 80 employees at five locations, is a full service provider with a focus on hybrid cloud, digital workplace and managed services.

The NKF team was led by Corporate/M&A partner Moritz Maurer, working with lead associate Alexander Göbel as well as associate Naomi Loretz, junior associates Niklaus Hatz and Marco Sidler (all Corporate/M&A), partner Catherine Grun and associate Daniela Lötscher (both Employment), counsel Janine Reudt-Demont (Data Protection), senior associates Oliver Zbinden (Real Estate) and Simon Bühler (Regulatory) as well as partner Nicolas Birkhäuser (Antitrust).

Oberhammer Rechtsanwälte, led by partner Christian Pindeus, advised on all Austrian law aspects of the transaction.