On 25 February 2021, Franke Holding AG, a Swiss-based industrial manufacturer with a global presence, agreed to sell Franke Water Systems, a division of Franke Group, to funds advised by the private equity firm Equistone Partners Europe. Franke Water Systems is a leading producer and supplier of kitchen and bathroom fittings for residential, (semi-)public and commercial sectors and has production sites and competence centers in Switzerland, the European Union, United Kingdom, the United Arab Emirates and China. The transaction is subject to approval by the relevant competition authorities.
NKF acted as legal advisor to the Franke Group in this transaction. The NKF team was led by M&A partner Till Spillmann and included senior associates Andrea Giger and Deirdre Ni Annrachain, associate Corinne Russi and junior associate Sven Pinter (all M&A), working with partner Adrian Koller (M&A/Finance), Clara-Ann Gordon (Data Protection), Nicolas Birkhäuser (Anti-trust), Valerie Meyer Bahar (Employment) and senior associate Sven Kälin (Tax).