Diploma Divests Kubo Tech to Polygena with Legal Guidance from Bär & Karrer
Deal News | Nov 26, 2024 | Legal Community Swiss
In a strategic transaction, Diploma, a UK-listed distributor specializing in controls, seals, and life sciences, sold its subsidiary, Kubo Tech, to Polygena, a Swiss industrial group supported by Helvetica Capital. Kubo Tech, based in Switzerland, excels in manufacturing and distributing high-performance sealing solutions and molded rubber parts catering to diverse industries such as medical technology and watchmaking. Bär & Karrer served as Diploma's legal counsel, with a comprehensive team handling various aspects of the transaction, including corporate, tax, antitrust, and real estate disciplines. Delphi Advisors was the exclusive financial advisor for Diploma, facilitating the transaction's financial considerations.
Sectors
- Manufacturing
- Legal Services
- Financial Advisory
- Private Equity
Geography
- United Kingdom – Diploma, the selling company, is headquartered in the UK.
- Switzerland – Kubo Tech is based in Switzerland, and Polygena is a Swiss-based industrial group.
Industry
- Manufacturing – This sector is represented by Kubo Tech's role in producing high-performance sealing solutions and molded rubber parts.
- Legal Services – Bär & Karrer's involvement as legal counsel characterizes the legal services industry.
- Financial Advisory – Delphi Advisors' role as financial advisor to Diploma categorizes the financial advisory sector.
- Private Equity – Helvetica Capital's backing of Polygena links the article to the private equity industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Diploma | Selling Company | Company | A UK-listed global distributor specializing in controls, seals, and life sciences. |
| Kubo Tech | Target Company | Company | A Swiss manufacturer and distributor of high-performance sealing solutions and molded rubber parts. |
| Polygena | Bidding Company | Company | A Swiss-based industrial group backed by Helvetica Capital. |
| Helvetica Capital | PE Firm | Company | A private equity firm backing the acquiring company, Polygena. |
| Bär & Karrer | Legal Advisor | Company | A law firm that acted as legal counsel for Diploma. |
| Delphi Advisors | Financial Advisor | Company | Served as the sole financial advisor to Diploma in the transaction. |
| Christoph Neeracher | Co-lead Partner | Person | Partner at Bär & Karrer co-leading the legal team for the transaction. |
| Luca Jagmetti | Co-lead Partner | Person | Partner at Bär & Karrer co-leading the legal team for the transaction. |
| Sacha Kanoff | Associate | Person | Associate in the Corporate/M&A team at Bär & Karrer. |
| Floris Zuur | Junior Associate | Person | Junior associate in the Corporate/M&A team at Bär & Karrer. |
| Susanne Schreiber | Partner | Person | Partner at Bär & Karrer specializing in Tax. |
| Martin Leu | Associate | Person | Associate at Bär & Karrer specializing in Tax. |
| Mani Reinert | Partner | Person | Partner at Bär & Karrer in the Antitrust team. |
| Tim Meyer | Associate | Person | Associate at Bär & Karrer in the Antitrust team. |
| Corrado Rampini | Partner | Person | Partner at Bär & Karrer in Real Estate. |
| Rocco Rigozzi | Partner | Person | Partner at Bär & Karrer in Real Estate. |