Swiss Prime Site Solutions AG agreed to acquire Fundamenta Group (Schweiz) AG and Fundamenta Group Deutschland AG from Garcia and Marxer families, Luzerner Kantonalbank AG (SWX:LUKN) and the management on March 14, 2024. The acquisition is being financed with shares from the authorized capital of Swiss Prime Site 25% and cash from available liquidity 75%. Swiss Prime Site will acquire all naming rights for Fundamenta.

Belvédère Asset Management will remain in the ownership of the existing shareholders together with the associated brand and will continue to operate unchanged. The transaction is expected to be completed in the second quarter of 2024; no further approvals are necessary. Daniel Hasler, Stefan Blunschi, Jürg Frick, Dieter Grünblatt and Richard Stäuber of Homburger AG acted as legal advisor to Swiss Prime Site Solutions.