M&A

UBS secures softer capital rules, saving hundreds of millions annually
Swiss regulator approves partial use of AT1 bonds, easing UBS’s capital requirements amid post-Credit Suisse reforms

Künzli CEO Roberto Martullo seeks Bally takeover amid bankruptcy
Swiss shoe maker Künzli's owner proposes buying the distressed Bally brand, its boutiques and production assets as the former luxury footwear group faces insolvency and a CHF 20 million debt pile.

Volkswagen faces pivotal restructuring amid cost cuts and capacity reviews
CEO Oliver Blume seeks to slash costs, reduce models and lift margins to 8-10% by 2030 as worker and political resistance mounts. Key German plants and jobs at risk.

Judge dismisses most of Ben & Jerry’s lawsuit against Unilever
Manhattan judge narrows case alleging Unilever sought to silence activism and withheld payments, shifting focus to missed settlement funds.

Holcim to acquire Fermacell for €840 million
Swiss cement group Holcim signed an agreement to buy European wall‑panel maker Fermacell, targeting €22 million of EBITDA synergies and an EPS boost in the first year.

Elmera Group posts 30% rise in Q2 2026 EBIT as Fortum deal review advances
Norwegian energy group Elmera Group reported a 30.1% increase in adjusted EBIT to NOK 121 million for Q2 2026, while Fortum’s NOK 47 per share cash offer remains under regulatory review.

KeyBanc analyst cites pricing shift, growth durability and valuation as tech M&A catalysts
KeyBanc Capital Markets analyst Jackson Ader says a move to consumption‑based pricing, sustained growth confidence and a 26% drop in software valuations could speed tech mergers and acquisitions.

Arvins appoints Gökan Deubelbeiss as Partner to lead small-cap M&A
The Zurich-based M&A boutique adds a new partner to develop its small-cap advisory segment, targeting Swiss SMEs valued up to 20 million francs. Deubelbeiss joins from Axtradia.

Cavitation Technologies to be acquired for $35 million
Specialty materials firm Cavitation Technologies agreed to a $35 million all-cash deal, with shareholders to vote on the transaction next month.

Carlyle and CVC Explore Joint Bid for Bauwatch
Private equity firms Carlyle and CVC Capital Partners are reportedly evaluating a joint takeover bid for temporary site security provider Bauwatch.

Samsonite Agrees to Acquire Lifestyle Brand Béis for $210 Million
Luggage maker Samsonite has announced a deal to acquire lifestyle and travel accessories brand Béis for $210 million.

