December 11, 2015 - Assignment

Valora divests trade division to Aurelius

Valora Holding AG has divested its trade division (Valora Trade), which is engaged in distribution of fast moving consumer goods. Valora Trade was acquired by Aurelius AG, a listed Germany-based private equity firm. The enterprise value of the transaction amounts to CHF 45 million, including a CHF 20 million earn-out component, and involves companies in the DACH (Germany, Austria, Switzerland) and the Nordic (Sweden, Denmark, Norway and Finland) markets. The transaction is subject to customary regulatory approvals and is expected to close before the end of the year.

Valora Holding AG is a listed Switzerland-based company engaged in the sale and distribution of press, tobacco and consumer products.

Valora Holding AG was advised by Mannheimer Swartling in relation to the divestment of the Nordic companies. The firm’s team consisted primarily of Isabella Ramsay and Maria Holme (M&A), Anders Erasmie and Carl Johan Zimdahl (tax), Daniel Khayyami (financing) and Henric Diefke (employment). Bär & Karrer advised Valora Holding AG with respect to the DACH countries.