Lüchinger+Schmid AG has been acquired by Migros Beteiligungen AG
The owner of Lüchinger+Schmid AG has sold the company to Migros Beteiligungen AG (Migros) for an undisclosed consideration.
Lüchinger+Schmid AG is the leading Swiss trade and manufacturing company for eggs and egg products, with a production of over 500 million eggs. The company serves retail as well as HORECA and, to a lesser extent, private customers.
Migros is the largest retail company in Switzerland. With 97,000 employees, Migros achieves sales of US$28 billion. The company also has an extensive industrial manufacturing production to supply its own shops as well as third party customers.
Oaklins' team in Switzerland advised the seller in the preparation of the divestment process and due diligence, the approach and negotiations with potential buyers, and assisted him until closing.
Talk to the deal team
Related deals
ELSA Group has sold SoFine Foods to The New Originals Company
The New Originals Company has acquired SoFine Foods from the ELSA Group.
Learn moreABZ Seeds has been acquired by Planasa
ABZ Seeds, a renowned breeder of seed-propagated F1 hybrid strawberry varieties, has been acquired by Planasa, a global leader in breeding next-generation berry varieties, including blueberries, blackberries, raspberries and strawberries.
Learn moreDen Berk Délice accelerates growth through strategic partnership
Den Berk Délice, a leading Belgian grower of specialty tomatoes, has entered a strategic partnership with Egeria, an independent investment firm, to realize its next growth phase.
Learn more