Niederer Kraft & Frey (NKF) has advised Hong Kong stock exchange listed Citychamp Watch and Jewellery Group on the acquisition of a majority stake in Valartis Bank (Liechtenstein) AG for CHF 93.5 million. The acquisition was successfully closed on 20 September 2016.

Valartis Bank (Liechtenstein) AG is a fully licensed bank with headquarters in the principality of Liechtenstein. It is the sixth largest bank in Liechtenstein.

The NKF team consisted of Manuel Werder (lead partner, corporate/M&A), Andreas Casutt (senior partner, corporate/M&A), Christoph Balsiger (partner, regulatory), Nicolas Birkhäuser (partner, IP/antitrust), René Fischer (senior associate, corporate/M&A), Yannick Wettstein (associate, regulatory), Daniel Herrera (associate, M&A), Chiara Nyfeler (junior associate, M&A), Nina Bremi (junior associate, M&A) and Mathuri Suppiah (junior associate, employment).