Bär & Karrer Advises SGS on the Signing of an Agreement to Divest Crop Science Operations to Eurofins Scientific
On 18 December 2023, SGS announced the signing of an agreement to divest its crop science operations in 14 countries to Eurofins Scientific. The scope of divested operations includes over 480 employees located in 14 countries in Europe, North America, South Africa and Brazil with revenues amounting to approximately CHF 46 million in 2022.
Bär & Karrer acted as legal advisor to SGS in this transaction. The team was lead by Cédric Chapuis and included Vera Waldburger and Ronny Schmid (all M&A), Christoph Suter and Alice Johnson (both Tax), Laura Widmer and Luljeta Morina (both Employment) and Mani Reinert and Tim Meyer (both Competition)