Schellenberg Wittmer advised Julius Baer Group Ltd on its sale of Fransad Gestion SA, a major Swiss independent wealth manager, to the management team of the independent wealth manager (MBO) and an industrial partner.
The transaction, which was executed on 1 June 2022, follows the decision of Julius Baer to reduce the complexity of its portfolio of companies, and allows Fransad to strengthen its positioning as a major Swiss independent wealth manager under the ownership of the existing management team.
The team of Schellenberg Wittmer consisted of Pascal Hubli, Elia Claude Schunck, Oona Rotzler and Simon Pidoux (all Corporate/M&A) and Anita Schläpfer (Finance).
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