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Schellenberg Wittmer advises CIR-Compagnie Industriali Riunite S.p.A. on exit from Swiss Education Group

26 November 2015

CIR-Compagnie Industriali Riunite S.p.A. sold its 17.4% shareholding in Swiss Education Group (SEG) to a group of investors, including Invision, for an amount at current exchange rates of € 64.1 million, of which € 3.9 million refers to the repayment of a shareholder loan. SEG is the largest hotel management education group in Switzerland and a leading provider of hospitality management education and training internationally with 6,100 students from 110 different countries.

Schellenberg Wittmer acted as legal counsel to the seller and the team consisted of partners Oliver Triebold (corporate/M&A) and Harun Can (tax) as well as associate Kaspar Theiler (corporate/M&A).

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