Jan Schwalbe
Editor-in-chief
Finanz und Wirtschaft
How should companies behave in a world shaped by the uncertainties of the Corona crisis? What are the challenges facing them in the current climate and what impact will the crisis have on economic relations? To maintain a successful and profitable business going forward companies need to put extra effort into place addressing geopolitical changes.
We have recently witnessed numerous mergers and acquisitions that no one would have expected or thought possible just a few years ago. New alliances are being formed and old ones dissolved or restructured as we speak. In order to survive in this climate companies must develop their own disruptive strategies in order to stay one step ahead of the competition and to strengthen their own presence in the market.
We are currently seeing fundamental changes and the demands being made on successful corporate management are in a constant state of flux. This leads us to focus on topics such as SPAC, new business models and the repositioning of entire sectors.
We are pleased to invite you to the fifth M&A forum organised by Finanz und Wirtschaft Forum on 25 August 2021 to discuss in detail current trends and challenges of the M&A market. Join us for a comprehensive day discussing M&A matters in plenary sessions, workshops and presentations that will provide you with the right tools for business success.
Jan Schwalbe
Editor in Chief Finanz und Wirtschaft
The forum is planned as a physical event. In consultation with the cantonal authorities, our security concept will be continuously adapted to the current Covid-19 situation. Registered participants will be kept updated at all times.
Registration and Welcome Coffee
Welcome Address by the Moderator of the Day
Jan Schwalbe Finanz und Wirtschaft
Telecommunication Market: The new Normal
André Krause Sunrise UPC
Moderation: Eflamm Mordrelle Finanz und Wirtschaft
Successful M&A Activities in Times of Crisis
Beat Arbenz Migros Cooperative Association
Mariel Hoch Bär & Karrer AG
Ronald Trächsel BKW
Peter Zahner ZSC Lions AG
Moderation: Jan Schwalbe Finanz und Wirtschaft
Tourism 2030: Innovation of new Paths
Christian Jott Jenny Community of St. Moritz
Moderation: Jan Schwalbe Finanz und Wirtschaft
Coffee and Networking Break
1 Specialities in the Funding of Fintechs
Tina Balzli CMS
Vaïk Müller CMS
2 Foreign Investment Reviews – The new Merger Control?
Caroline Hobson CMS UK
Kai Neuhaus CMS Belgium
3 SPACs – their Purpose, Role and Relevance for the Swiss M&A Market
Dr. Martin Frey PwC and PwC Network Partners
Coffee and Networking Break
The 3 Plus Deal – a game-changing Acquisition in the Swiss Media Landscape
Axel Wüstmann CH Media
Geopolitical Challenges and their Implications for Switzerland
Prof. Dr. Mehdi Mostowfi Zurich University of Applied Sciences
Member of the National Council Dr. Albert Rösti SVP
Lucas Schmid Siemens Smart Infrastructure
Michael Willome Conzzeta AG
Moderation: Jan Schwalbe Finanz und Wirtschaft
Flotation via SPAC‘s – Protection by Design?!
Gregor Greber VT5 Acquisition Company / Veraison Capital
Positioning Europe in the global technology race
Nicolas Brand Lakestar
Summary by the Moderator of the Day
Jan Schwalbe Finanz und Wirtschaft
Gregor Greber, 1967, ist seit über 30 Jahren im Kapitalmarkt Schweiz tätig. Er lancierte VT5 Acquisition Company als Gründer mit dem Ziel den ersten Spac in der Schweiz an der SIX zu lancieren. Davor gründete er diverse Unternehmen wie die beiden Asset Manager VERAISON Capital und zCapital wie auch den Aktionärsdienstleister zRating. Diese beiden Vermögensverwalter hatte er in einem MBO an seine Partner verkauft. Den Corporate Governance Anbieter zRating verkaufte er an die Inrate AG, der ältesten europäischen Nachhaltigkeitsrating-Agentur. Vor seiner Selbständigkeit leitete er verschiedene Bereiche im Banking wie Global Equities, Research, Sales, Handel und Corporate Finance bei diversen Banken wie UBS, Deutsche Bank, Lombard Odier, Bellevue und Julius Bär. Gregor ist Betriebsökonom und sitzt im Verwaltungsrat der Calida Holding AG, Veraison Capital und Sicav, NapaWine und VT5.
Mariel Hoch is a partner in the corporate department and co-head of the public M&A practice at Bär & Karrer law firm. Her practice focuses on domestic and cross-border mergers and acquisitions, general corporate and securities matters, including proxy fights, hostile defenses, corporate governance and corporate relocations. She has advised a broad range of public and private companies and individuals in Switzerland and abroad in a variety of industries including health care, pharmaceuticals, technology, financial services, retail, transportation and industrials. Mariel Hoch serves as a member of the board of directors of the following SIX Swiss Exchange listed companies: SIG Combibloc Group AG, Komax Holding AG, Comet Holding AG.
André Krause (1970), is a German national and CEO at of Sunrise UPC since November 2020. Before he was CEO since January 2020 and CFO since 2011 at Sunrise. Before joining Sunrise, he spent seven years at Telefónica O2 Germany, first as VP Strategy & Consulting, then as CFO. André Krause is 51 years old, married and has four children.
He currently serves as the Chief Financial Officer of the BKW Group and has been in that position since 2014. From 2007 to 2014, Mr. Trächsel served as the Chief Financial Officer of Sika Group, and from 1999 to 2000, he held several positions at Vitra Group, including Chief Financial Officer and Chief Executive Officer. Prior to joining Vitra Group, Mr. Trächsel also worked at Ringier Group, Ciba-Geigy Corporation and BDO/Visura. Mr. Trächsel also serves on various boards of directors, including the board of Swissgrid AG, Valiant Bank AG and KWO AG. Mr. Trächsel received an M.B.A. from the University of Bern.
Axel Wüstmann (47), is CEO of CH Media, one of Switzerland’s leading media companies with revenues of 400 MCHF, 1.800 employees and an audience of three million readers, listeners, viewers and users in German-speaking Switzerland. CH Media is a joint venture between AZ Medien and the NZZ media group. Prior to the joint venture he was CEO of AZ Medien. Axel Wüstmann studied business administration and started his professional career at Gruner+Jahr in Hamburg, where he held various positions for over 10 years. During this time, he earned an MBA from SDA Bocconi School of Management.
Beat Arbenz has been heading Migros Group’s corporate finance and tax advisory team for around seven years. In this function, he is responsible for Migros’ acquisitions and company disposals in Switzerland and abroad, as well as for tax-related restructurings. In addition, he also serves as an internal board member in various (mainly on-line) companies. Previously, he was employed for more than a decade at a Big Four, where he led the corporate valuation and M&A for several years. In the meantime, Beat Arbenz has worked as an independent corporate finance consultant and as a management consultant.
Nicolas Brand is a Partner at Lakestar where he invests in and builds businesses at the intersection of finance, blockchain and technology. He has spent the last 20 years in the finance industry, leads Lakestar\'s Fintech coverage and provides the fund\'s forward looking view on where finance is headed. Before joining Lakestar, Nicolas was a Vice President at J.P. Morgan in London where he led mergers and acquisitions for technology and industrial companies.
Christian Jott Jenny (born in 1978) is a classical tenor, actor and founder of the Amt für Ideen. He studied classical singing and acting in Berlin and has performed in operas, operettas, musical theater and recitals in Switzerland and Germany. Christian established his artistic alter ego in the character Leo Wundergut. Wundergut & his Jet-Set-Singers have performed their program, Wundergut & Jet-Set-Singers both at home and abroad. In 1997, Jenny founded the Amt für Ideen. This ‘Office of Ideas’ connects culture with businesses, private individuals, institutions and products. Christian is the founder and former curator of Festival da Jazz St. Mortiz. Furthermore he ist he mayor oft he Swiss town St. Moritz.
Albert Rösti hat sich an der ETH Zürich zum Dipl. Ing. Agr. ETH mit Schwerpunkt Agrarökonomie ausgebildet und anschliessend zum Doktor der technischen Wissenschaften promoviert, wobei er sich namentlich mit den Auswirkungen des damaligen GATT Abkommens der Welthandelsorganisation befasst hat. Er hat schliesslich verschiedene Führungsfunktionen wahrgenommen. So war er unter anderem Generalsekretär der Volkswirtschaftsdirektion des Kantons Bern, Direktor des Verbands Schweizer Milchproduzenten und schliesslich Präsident der Schweizerischen Volkspartei. Heute betreibt er ein eigenes Beratungsbüro und ist als Nationalrat unter anderem Mitglied der Delegation für die Beziehungen zum Deutschen Bundestag.
Mehdi Mostowfi is Professor of Finance at the Zurich University of Applied Sciences (ZHAW). He is deputy head of the Institute for Financial Management and head of the Centre for Corporate Finance and Capital Markets. Previously, Mehdi was Professor of Finance at Wiesbaden Business School in Germany for seven years. Before returning to academics, Mehdi worked as a Senior Investment Manager in charge of private equity investments at DEG German Investment and Development Company (2003 - 2005). During his professional career, he also worked as a M&A banker for Morgan Stanley (2000 - 2003), and as a consultant for McKinsey & Company in the Corporate Finance & Strategy Practice (1999-2000). Mehdi heads the investment activities of a family office in Zurich and has served as a member of the board of directors of several investment holding companies, private equity funds and charitable trusts.
Has been working for 25 years in the global Building Technologies / Smart Infrastructure businesses of Siemens in senior management positions within Strategy as well as Finance/Controlling. Before that, several management positions in Controlling of globally acting Swiss industries (Pharma, Paper Converting). Holds a Master degree (lic. oec) of University of St. Gallen (HSG).
Michael Willome has been Group CEO of Conzzeta AG since January 2016. Prior to this he served since 1997 in various management positions at Clariant AG. From 2010 onwards, he was responsible there for the global Industrial & Consumer Specialties (ICS) business unit, after serving for 14 years in various management roles in Hong Kong, Canada and Turkey. He previously worked at Novartis in Group Auditing. Michael Willome is a member of the Board of Directors of Glaston Corporation, Helsinki, Finland, and the subsidiaries based in Switzerland, Germany and Austria of the Swedish industrial group Indutrade.
Peter Zahner was born in Aarau in 1961. After studying business administration with specialization in marketing, his first professional ice hockey coaching job was with EHC Kloten. Afterwards he joined the Swiss Ice Hockey Association as head coach of the junior national teams. Zahner holds all the coaching diplomas available in ice hockey. He also successfully completed an Executive MBA at the University of Zurich. After a total of 17 years with the Swiss Ice Hockey Association, most recently as General Manager/Director, Zahner changed to the ZSC Lions (ZSC Lions AG) as CEO in 2007. Since 2009, he has been responsible for the overall project management of the ‘ZSC Lions Arena’ stadium project, which will culminate in the opening of the Swiss Life Arena in 2022. In 2010, he took on the role as CEO and Chairman of the Board of GCK/ZSC Lions Nachwuchs AG. Since 2018, Zahner has also served as president of the Champions Hockey League AG.
Tina Balzli ist spezialisiert auf Banken-, Versicherungs-, Finanz- und Kapitalmarktrecht, allgemeines Gesellschafts- und Handelsrecht sowie Mergers & Acquisitions, mit besonderem Fokus auf Fintech & Blockchain. Sie verfügt über langjährige Erfahrung in der ganzheitlichen Beratung von führenden schweizerischen und ausländischen Finanzinstituten sowie aufstrebenden Start-ups in ihren Spezialgebieten und ist mit der internationalen und schweizerischen Regulierungslandschaft im Kapital- und Finanzmarktrecht bestens vertraut.
Martin Frey joined PwC in March 2005 and was Head of the Corporate Finance / M&A Team between 2014 and 2020. His current role is heading PwC’s M&A efforts in the Consumer, Healthcare and Life Science industries. Before joining PwC, he has gained over 15 years of corporate finance experience with UBS Investment Bank and Lehman Brothers in New York, Chicago and Zurich, focusing mainly on the consumer goods and healthcare industry. His positions during that time included Head Consumer and Retail Latin America at UBS and Head Consumer Goods Switzerland at Lehman Brothers. Martin has extensive transaction expertise in M&A, debt and equity capital markets in mature and emerging markets, advising companies such as Roche, Vifor, Nestlé, Emmi, Heinz, Nabisco and others. He is a Swiss citizen, educated at the Universities of Basel and Minneapolis where he earned his Master in Economics and Ph.D. in Management, respectively.
Caroline co-leads the CMS UK Competition Team advising on a wide range of EU and UK competition law and regulatory issues. Caroline has particular experience in the consumer products, financial services and life sciences sectors. She has advised on numerous merger notifications to the Competition and Markets Authority, European Commission and in multi-jurisdictional cases, as well as advising clients on Article 101/Chapter I cartel investigations and Article 102/Chapter II dominance issues. She advises extensively on competition law risk management and compliance strategies and has attended raids conducted by the EU and UK competition authorities.
Vaïk Müller’s main areas of focus are banking, regulatory, financial services and products, including funds and derivatives, as well as compliance and regulatory matters, including in the field of FinTech and blockchain. He co-heads the Banking and Finance Practice Groups of CMS Geneva. Vaïk has a broad experience in advising Swiss and international financial institutions, such as funds, asset managers, banks and securities dealers or brokers on complex local and cross-border issues. Vaïk is also regularly involved in corporate, commercial and financing transactions, acting for arrangers, underwriters, lenders, borrowers and sponsors in domestic and multijurisdictional financing transactions (including acquisition, leveraged and syndicated financings). He is author of several publications on financial regulations and a regular speaker at conferences as well as co-responsible moderator of the specialised forum in banking law (regulatory) of the Geneva Bar Association since March 2019. He is also correspondent in Switzerland of the French Association of Doctors of Law (AFDD - Association Française des Docteurs en Droit).
Kai Neuhaus specialises in competition and trade law, with a focus on the digital business. He advises and represents companies in all proceedings before the EU Commission, the German Federal Cartel Office as well as the European Court of Justice and German courts. In competition law he has long-standing experience with merger control, abuse of dominance and cartel proceedings. He regularly provides competition law advice on distribution contracts and e-commerce. In the area of trade law Kai assists clients e.g. with EU anti-dumping proceedings and EU and German trade sanctions and embargos and related compliance issues.
Eflamm Mordrelle has been a journalist with “Finanz und Wirtschaft” since 2015, covering technology stocks and capital goods while specializing on all aspects of Corporate Governance. Before joining FuW, Eflamm spent a decade in the corporate world as head of thought leadership at the Adecco Group, and in charge of financial and marketing communications at Nobel Biocare, a healthcare company. He started his career in consulting, asset management, and investor relations.
Jan Schwalbe is the Editor-In -Chief of the Swiss Business paper «Finanz und Wirtschaft». He has covered business and the economy for more than 20 years and has conducted countless interviews with international business leaders, economists and strategists. He has been published in Businessweek, Bloomberg News, “Finanz und Wirtschaft” and The Daily Telegraph. Before taking his role as Editor-in Chief he was the Head of the Zurich Bureau of Bloomberg News and was working for CNN Money. Jan Schwalbe was on the Board of the Foreign Press Association in New York and a correspondent in New York and London for over a decade.
Whether you are planning a transaction as part of your growth strategy, thinking about diversifying into new sectors or looking for new funding options such as non-bank lending or through equity investment, our experts offer you the required legal and tax advice. Having lawyers who think and act beyond their traditional role and seek to add value can help you secure the competitive edge you need in an ever-changing business environment.
Contact: Dr Daniel Jenny; Stefan Brunnschweiler
Tel.: +41 44 285 11 11
E-Mail: daniel.jenny@cms-vep.com; stefan.brunnschweiler@cms-vep.com
Website: www.cms.law
PwC Switzerland is the leading audit and advisory company in Switzerland. At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with nearly 328,000 people who are committed to delivering quality in assurance, advisory and tax and legal services. PwC Switzerland has over 3,480 employees and partners in 14 locations in Switzerland and one in the Principality of Liechtenstein.
Contact: Dr. Marco Tremonte
Tel.: +41 58 792 1532
E-Mail: marco.tremonte@pwc.ch
Website: www.pwc.ch
Die M&A REVIEW ist seit mehr als 30 Jahren das Fachmagazin rund um Mergers&Acquisitions im deutschsprachigen Raum sowie international. Monatlich finden die Leser der M&A REVIEW in der neuen Ausgabe die relevanten und aktuellen Analysen und Fachbeiträge zum Thema.
Contact: Carolin Reiter und Stefan Schneider
Tel.: +49 151 44822744
E-Mail: carolin.reiter@manda.com, stefan.schneider@ma-review.com
Website: www.ma-review.de
Die ZHAW School of Management and Law (SML) ist die schweizweit grösste Business School auf Stufe Fachhochschule und die einzige mit AACSB-Akkreditierung. Unsere international anerkannten Bachelor- und Masterstudiengänge sowie die zahlreichen Weiterbildungsangebote sind wissenschaftlich fundiert, interdisziplinär und praxisorientiert.
Contact: Dr. Markus Braun
Tel.: +41 58 934 74 33
E-Mail: markus.braun@zhaw.ch
Website: www.zhaw.ch/de/sml/
Der 1902 gegründete Zürcher Bankenverband vertritt die Interessen des Finanzplatzes Zürich gegenüber Behörden, Politik und Öffentlichkeit. Mit seinem Engagement für Bildung und Information trägt er dazu bei, dass Zürich auch in Zukunft ein Finanzplatz von Weltbedeutung bleibt.
Contact: Christian Bretscher
Tel.: +41 43 244 55 83
E-Mail: info@zuercher-bankenverband.ch
Website: www.zuercher-bankenverband.ch
Als branchenübergreifender Wirtschaftsverband vertritt die Zürcher Handelskammer (ZHK) die Interessen von rund 1100 Mitgliedern in den Kantonen Zürich, Zug und Schaffhausen. Die ZHK baut Brücken zwischen Wirtschaft, Politik und Gesellschaft. Sie identifiziert Zukunftsthemen, ist Katalysator für politische Forderungen und engagiert sich für einen attraktiven Wirtschaftsraum mit liberalen, marktwirtschaftlich geprägten Rahmenbedingungen.
Contact: Dr. Regine Sauter
Tel.: +41 44 217 40 50
E-Mail: direktion@zhk.ch
Website: www.zhk.ch
Intralinks, an SS&C company, is a leading financial technology provider for the global dealmaking, alternative investment and capital markets communities. As pioneers of the virtual data room, our technology enables and secures the flow of information, empowering our customers to work more productively and with complete confidence.
Lincoln International is the trusted investment banking advisor to business owners and senior executives of leading private equity firms and public and privately held companies around the world. Our advisory services include mergers and acquisitions, debt advisory, growth equity and restructuring for the mid-market.
Contact: Øyvind Bjordal
Tel.: +41 44 576 43 13
E-Mail: o.bjordal@lincolninternational.ch
Website: www.lincolninternational.com
PREMIUM ENTRY FOR CORPORATE REPRESENTATIVES
As a corporate representative, you are invited to benefit from a VIP/premium price of CHF 475. Private equity firms, lawyers, consultants, bankers and other service or data providers can benefit from a discount if they are Finanz und Wirtschaft subscribers.
TARGET GROUP
The Mergers & Acquisitions forum is aimed at members of management boards, boards of directors and M&A managers. The target group also includes legal councils, head legal, corporate development, business development, strategy, investors and decision-makers from the financial sector as CFO and treasurer, business, industry, politics and society.
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