On September 14, 2016, Looser Holding AG (Looser) and AFG Arbonia-Forster-Holding AG (AFG) signed a transaction agreement as to the combination of the two companies by way of a public cash and exchange offer by AFG and the family shareholders, board and management of Looser signed a sale agreement with AFG as to the sale of approx. 53% of the Looser shares.

Closing is expected to occur in December 2016 and is subject to relevant antitrust approvals. The deal value (enterprise value) amounts to approx. CHF 511 m. Homburger acted as legal adviser of Looser.

The Homburger team was led by partner Claude Lambert (Corporate | M&A) and included partners Stefan Oesterhelt (Tax) and Franz Hoffet (Competition | Regulatory, Antitrust) as well as associates Stefan Blunschi and Camille Auberson and junior associate Mirko Stiefel (all Corporate | M&A).