Schellenberg Wittmer advised Julius Baer Group Ltd on its sale of Fransad Gestion SA, a major Swiss independent wealth manager, to the management team of the independent wealth manager (MBO) and an industrial partner.
The transaction, which was executed on 1 June 2022, follows the decision of Julius Baer to reduce the complexity of its portfolio of companies, and allows Fransad to strengthen its positioning as a major Swiss independent wealth manager under the ownership of the existing management team.
