Meyer Burger Sells Pasan Amid Restructuring
Deal News | Feb 17, 2025 | Legal Community Swiss
Meyer Burger Technology, a prominent Swiss manufacturer of solar cells and modules, has completed the sale of its subsidiary Pasan, a provider of high-precision measurement technology, as part of an ongoing restructuring phase. The transaction, successfully executed on January 27, 2025, was advised by MLL Legal. The restructuring move underscores Meyer Burger's strategy to refine its focus on core operations within the photovoltaic sector. MLL Legal's M&A team, led by a partner and supported by tax partner Thomas Nabholz, as well as associates Michle Sidler and Andreas Bossard, played an instrumental role in facilitating this deal.
Sectors
- Solar Energy
- Legal Services
- Technology and Precision Instruments
Geography
- Switzerland – Meyer Burger Technology and MLL Legal are both headquartered in Switzerland, making it the primary geography for the article.
Industry
- Solar Energy – Meyer Burger is involved in the manufacturing of photovoltaic solutions, which places it in the Solar Energy industry.
- Legal Services – MLL Legal provided advisory services for the transaction, indicating involvement in the Legal Services sector.
- Technology and Precision Instruments – Pasan, the company being sold, specializes in high-precision measurement technology for solar production, placing it in the Technology and Precision Instruments sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Meyer Burger Technology | Seller | Company | A Swiss manufacturer of solar cells and solar modules. |
| Pasan | Target Company | Company | A supplier of high-precision measurement technology for solar cells and modules. |
| MLL Legal | Legal Advisor | Company | A law firm advising Meyer Burger on the sale of Pasan. |
| Thomas Nabholz | Tax Partner | Person | Partner at MLL Legal who contributed to the advisory team for the transaction. |
| Michle Sidler | M&A Associate | Person | Associate at MLL Legal, part of the advisory team. |
| Andreas Bossard | M&A Associate | Person | Associate at MLL Legal, part of the advisory team. |