#1 Lawyer Network
The joint owners of Switzerland-based Unilabs, private equity funds Apax Europe VI, Nordic Capital Fund VI and Apax France VII, announced today that Nordic Capital and Apax Partners France have accepted an offer from Apax IX, advised by Apax Partners LLP, to acquire their respective stakes in Unilabs.
The transaction marks the successful completion of the joint ownership between funds advised by Apax Partners LLP, Nordic Capital and Apax Partners France (jointly with Altamir), which saw Unilabs taken private from the Swiss stock exchange in November 2007 and merged with the diagnostic division of pan-European healthcare provider Capio in 2008.
With over 112 laboratories and 43 imaging units and a catalogue of more than 2,500 diagnostic tests, Unilabs (headquartered in Geneva) is one of Europe’s leading providers of clinical laboratory testing and medical diagnostic imaging services.
The Unilabs Group employs more than 5,300 people worldwide, operating laboratory and medical diagnostic imaging facilities in 12 countries, and generating annual revenues of €673m in 2015.
Its network of facilities provides its customers with one of the broadest geographic footprints of any clinical laboratory and medical diagnostic services provider in Europe.
Walder Wyss acts as legal counsel to Unilabs and its sellers on this transaction. The Walder Wyss team is being led by Alex Nikitine (partner, M&A, capital markets) and further includes Anna Baldenbach von Bröchen (associate, corporate/M&A), Michael Isler (managing associate, IP/IT), Janine Corti (associate, tax), Fabienne Anner (associate, corporate/M&A), David Hill (associate, labor law) and Valentin Wiesner (trainee, banking & finance).
The post Walder Wyss advises on Unilabs acquisition appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.
#1 Lawyers Search Engine