On March 25, 2019, Abegg Holding AG (Abegg Holding), a key shareholder of Huber+Suhner AG (Huber+Suhner), announced the successful sale of 2,027,200 shares in Huber+Suhner by way of an accelerated bookbuilding. The placement price was CHF 75 per share, amounting to an aggregate consideration of approx. CHF 152 m. The shares sold represent the entire holding of Abegg Holding in Huber+Suhner. Abegg Holding is a family holding which is owned by Annina Müller-Bodmer. The disposal is made in the context of a repositioning of Abegg Holding’s investment portfolio. Annina Müller-Bodmer increased her privately held stake in Huber+Suhner in the context of the accelerated bookbuilding from approx. 1% to around 3%.
Homburger advised Abegg Holding AG. The Homburger team was led by partner Daniel Hasler (Corporate | M&A) and included partners Jürg Frick (Banking and Finance) and Stefan Oesterhelt (Tax) as well as counsel Micha Fankhauser and associate Aron Waltuch (both Corporate | M&A).