European private equity firm Cinven, has has sold its SLV Group, advised by Cinven. The buyers are private equity funds advised by Ardian, a private equity firm based in Paris.
SLV was founded in 1979 and is a German-headquartered provider of residential and technical lighting.
Bär & Karrer acted as Swiss legal adviser to Cinven in this transaction. The team included Christoph Neeracher, Luca Jagmetti and Beda Kaufmann (all M&A), Till Spillmann and Adrian Koller (both financing), Markus Wang and Jonas Bornhauser (both IP) as well as Ruth Bloch-Riemer (social security). Hengeler Mueller acted as international legal adviser to Cinven.
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