United Grinding Group AG agreed to acquire GF Machining Solutions Management SA from Georg Fischer AG (SWX:GF) for transaction valued at approximately CHF 650 million on October 30, 2024. The transaction is subject to antitrust regulations and regulatory approvals. The expected completion of the transaction is in second half of 2025.

Andrea Giger, Philip Spoerlé, Ulysses von Salis, Thomas Hochstrasser, Adrian Koller, Thomas Graf, Marcel Meier, Daniela Schmucki, Fabiano Menghini and Nicolas Birkhäuser of Niederer, Kraft & Frey acted as legal advisor for Georg Fischer AG. Gernot Wagner, Rebecca Emory, Stefan Bressler and Thilo Wienke of White & Case, L.L.P. (Germany) acted as legal advisor for Georg Fischer AG. Dentons LuatViet and Dentons Taiwan acted as legal advisor for Georg Fischer AG. Ralph Malacrida, Faton Aliu, Susanne Schreiber, Markus Wang, Mani Reinert, Patrick Neher, Laura Widmer and Ruth Bloch-Riemer of Bär & Karrer Ltd. acted as legal advisor to United Grinding Group AG.