Valora has signed an agreement to acquire BackWerk from Swedish financial investor EQT. BackWerk is a German-based food service company with over 340 locations mainly in Germany, Austria and the Netherlands. Completion is subject to merger control approval.
Bär & Karrer acts as Swiss legal advisor to Valora in this transaction. The team of Bär & Karrer includes Christoph Neeracher, Luca Jagmetti, Raphael Annasohn, Raphael Egger and Sarah Nyfeler (all M&A), as well as Laura Widmer and Sabrina Schalcher (both employment). Gleiss Lutz acts as German legal advisor to Valora in this transaction.