26 September 2014 I Deals and Cases

KUKA Announces Public Tender Offer for Swisslog Holding AG

KUKA Aktiengesellschaft, Augsburg, Germany, one of the world's leading suppliers of robotics as well as plant and systems engineering, today announced a cash public tender offer for the publicly held shares of Swisslog Holding AG, listed on SIX Swiss Exchange, and headquartered in Buchs/Aarau, Switzerland. Swisslog designs, develops and delivers best-in-class automation solutions for forward-thinking hospitals, warehouses and distribution centers. KUKA offers CHF 1.35 per Swisslog share. Currently, Swisslog has 251,276,984 issued shares. The board of directors of Swisslog recommends that shareholders accept the offer.
Bär & Karrer is acting as KUKA's Swiss legal counsel. The team includes Ralph Malacrida, Mariel Hoch, Micha Schilling, Fabienne Frehner, Marc Poltéra, Fabian Wigger, Basil Hotz, Linda Bieri, as well as Daniel Lehmann and Mani Reinert.