Victoria-Jungfrau Collection AG has been acquired by AEVIS Holding SA
The shareholders of Victoria Jungfrau Collection AG, (VJC) the Swiss group of luxury hotels, received a public takeover offer from AEVIS Holding SA (AEVIS), a Swiss investment group focusing on the healthcare sector, acquiring a majority shareholding for US$69.5 million.
The Victoria-Jungfrau Collection AG is a small but exclusive hotel group with a unique portfolio of luxury five-star hotels of long standing. Other hotels of the group include The Victoria-Jungfrau Grand Hotel & Spa in Interlaken, the Palace Luzern on the shores of Lake Lucerne, the Eden au Lac in Zurich and the renowned Bellevue Palace in Bern.
AEVIS invests in the healthcare, life sciences, services and lifestyle sectors. The firm wishes to progressively develop new sectors of activity, amongst others in the sector of outpatient surgical centers, radiology and dental medicine and hotel or hotel related activities.
Oaklins' team in Switzerland was mandated by the board of VJC to assist in the assessment of the bids from a financial perspective. It was imperative to focus on the interests of the company and the shareholders and to achieve a fair price, while taking into consideration the strategic plans for the target of each bidder. The competitive situation of two bidders resulted in a stepwise increase of the price.
Talk to the deal team
Related deals
STM Environmental has been acquired by Phenna Group
STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
Learn moreOBI Group has acquired the OBI and individual DIG stores from Migros
As part of a strategic review, Migros has decided to divest its DIY business, which included several “Do It + Garden” and “OBI” locations. Migros had operated the Swiss OBI stores as a franchisee. In OBI Group Holding, Migros has found the ideal partner to ensure continuity for both its customers and employees.
Learn moreDimainvest S.r.l. has launched a voluntary public tender offer for Shedir Pharma Group S.p.A.
Dimainvest S.r.l. has initiated a voluntary public tender offer for the shares of Shedir Pharma Group S.p.A.
Learn more