Wineus successfully advised the majority shareholder of Acht Grad Ost AG on the sale of his shares to Geoterra Gruppe AG
Formed through mergers of several different companies, Acht Grad Ost AG today counts as one of the leading Swiss engineering companies. It offers a wide range of services in the fields of geomatics and infrastructure management. In addition to the traditional cadastral surveying, the company also provides construction and engineering surveying as well as geoinformation systems (GIS). In recent years, the company has initiated the shift towards highly digital service offerings.
With around 350 employees and 20 locations, Geoterra Gruppe AG is one of the biggest engineering companies in Switzerland. Due to the increased importance of digital services in the construction and engineering sector, the acquisition of Acht Grad Ost serves as an excellent extension to the existing service portfolio of Geoterra. With combined forces, the two companies can benefit from increased market power as well as exchange of knowledge and technology. Additionally, it allows for further synergy potential in the areas of revenues and costs.
Wineus advised the majority shareholder of Acht Grad Ost as exclusive sell-side advisor throughout the entire sales process including company valuation, preparation of sales documents, due diligence, negotiations and closing of the transaction.
