Homburger advises Clariant on the sale of Infrapark Baselland AG to GETEC

On November 19, 2018, Clariant AG (SIX: CLN) announced that it has agreed to sell Infrapark Baselland AG, Muttenz, and its business operations on the Schweizerhalle site near Basel, Switzerland, to GETEC, a Germany-based group of energy service providers and operator of industrial parks. In addition, GETEC is acquiring infrastructure facilities and service operations of Novartis (SIX: NOVN) at the same site. The sale, which is expected to close at the end of 2018, aims to pave the way for a new, integrated industrial park at Schweizerhalle, which is one of the largest industrial sites in Switzerland, for the chemical and life-science industries.

Homburger advises Clariant on all legal and tax matters of the transaction. The Homburger team is led by partner Frank Gerhard (Corporate / M&A) and comprises partner Reto Heuberger (Tax), counsel Andreas Burger (Competition), associates Daniel Häusermann (Corporate / M&A), Irène Suter-Sieber (Employment and Executive Compensation), Jeremy Reichlin (IP / IT) and Marc Vogelsang (Tax), junior associates Fabrice Eckert and Florence Jaeger (Corporate / M&A), and paralegals Maria Braun and Nora Mena.