Perrot Duval Stock Halt Amid Infomaniak IPO Preparations

Swiss IT services company Perrot Duval has suspended its stock trading on the SIX Swiss Exchange until further notice, ahead of an extraordinary general meeting on May 10. The halt follows discussions regarding a planned reverse takeover by Infomaniak, a Swiss cloud and IT services provider, which would integrate Perrot Duval into its structure. Shareholders will vote on a 200 million Swiss franc capital increase via Infomaniak’s shares, a key step in the proposed merger. The meeting will also consider the sale of Perrot Duval’s sole remaining subsidiary, Füll Process in Weinfelden, a prerequisite for the company’s restructuring. Additionally, the board of directors will undergo significant changes: Genfer M&A specialist Frank Guemara, already on Infomaniak’s board, will lead Perrot Duval’s executive committee. New directors include Infomaniak co-founder Boris Siegenthaler, along with Patricia Solioz Mathys and Paul Such. Former president Nicolas Eichenberger will remain on the board, while Luca Bozzo and Yves Claude Aubert will step down. The extraordinary meeting also includes a proposed rebranding of Perrot Duval Holding S.A. to Infomaniak S.A., reflecting the impending integration.