Kimberly-Clark closes sale of paper mill in Niederbipp (Switzerland)

On April 30, 2021, Kimberly-Clark completed the sale of its subsidiary Kimberly-Clark GmbH, including its paper mill in Niederbipp (Canton of Berne) as well as the «Tela» brand, to an entity owned by the Queck family, a German family of entrepreneurs which already owns several paper producers. The entity operating the paper mill has assumed the new name Tela GmbH.

Homburger advised Kimberly-Clark on the transaction. The Homburger team was led by partners Daniel Hasler and Daniel Häusermann (both Corporate / M&A) and included partners Richard Stäuber (Competition) and Stefan Gäumann (Real Estate), counsel Peter Müller (Tax), and associates Stefan Luginbühl (Corporate / M&A), Yves Bianchi (Competition) and Nicole Hilpert (Employment and Executive Compensation).