Korea’s outdoor apparel and gear company Youngone Corporation has acquired 3’751’250 shares in Scott Corporation SA, a Swiss company specialized in producing bicycles as well as ski and snowboard wears. With this transaction, Youngone’s stake rose to 50.01% at the cost of USD 100 Mio. Earlier in 2013, Youngone had already bought a 20.1% stake.

Walder Wyss has advised the (former) majority shareholder of Scott  in the transaction. The Walder Wyss team was led by Markus Vischer (Partner, Corporate/M&A) and further included Lucas Hänni (Counsel, Corporate/M&A), Reto Jacobs (Partner, Antitrust), Samuel Lieberherr (Associate, Corporate/M&A), Janine Corti (Associate, Tax) and Christian Lütolf (Associate, Corporate/M&A).