Ringier and Mobiliar have agreed a strategic partnership whereby Mobiliar will become the new joint shareholder in Scout24 Schweiz, the leading network of online marketplaces for motor vehicles, real estate and general classifieds. Mobiliar agreed to acquire a fifty per cent stake in Scout24 Schweiz, previously held by KKR and other shareholders. Ringier will continue to consolidate Scout24 Schweiz and therefore will retain governance rights.

Pestalozzi advises Ringier on all legal aspects of the transaction.