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31 August 2010 - Sale of Sulzer's Real Estate Portfolio to Implenia

Bär & Karrer has advised Sulzer on the sale of its operationally non-essential real estate portfolio and development unit to Implenia. The sale was structured as a share deal and involved some 400,000 sqm of land in industrial and central as well as agricultural zones, including 230,000 sqm of land situated at attractive locations with development potential on the Sulzer sites in central Winterthur and Oberwinterthur. The transaction is scheduled to be completed by October 2010.

The Bär & Karrer team included Corrado Rampini (M&A, Real Estate), Markus Jäger (Real Estate) and Mani Reinert (Merger Control).

  

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