Wäscherei Bodensee AG Sale to ELIS: A Strategic Move
Deal News | Jan 14, 2025 | Legal Community Swiss
The Thurmed group completed the sale of Wäscherei Bodensee AG, which operates two laundries in central and eastern Switzerland, providing services to the Healthcare and Hospitality sectors. The legal and tax services for this transaction were handled by Pestalozzi, ensuring all aspects of the deal were managed efficiently. The transaction entailed the divestment of all shares of Wäscherei Bodensee AG to ELIS, a move marked by Thurmed’s strategic realignment. Pestalozzi's team was led by partners Petra Hanselmann and Pascal Richard, with tax and real estate aspects handled by specialized teams within the firm.
Sectors
- Legal Services
- Healthcare and Hospitality
- Laundry Services
Geography
- Switzerland – Wäscherei Bodensee AG operates in central and eastern Switzerland and the transaction took place in this region.
Industry
- Legal Services – Pestalozzi provided legal advice for the sale transaction, highlighting its role in the legal advisory industry.
- Healthcare and Hospitality – Wäscherei Bodensee AG provides linen rental-maintenance services for these sectors, indicating the industry's exposure.
- Laundry Services – Wäscherei Bodensee AG operates in the laundry service industry, particularly serving healthcare and hospitality clients.
Financials
- – No specific financial details such as deal price or revenue mentioned in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wäscherei Bodensee AG | Target Company | Company | A laundry service company with operations in central and eastern Switzerland. |
| Thurmed Group | Selling Company | Company | The owner of Wäscherei Bodensee AG who divested its shares in the sale. |
| ELIS | Bidding Company | Company | The acquiring company of Wäscherei Bodensee AG. |
| Pestalozzi | Legal and Tax Advisor | Company | Provided legal and tax advisory services in the transaction, leading all aspects of the deal. |