The owner of Lüchinger+Schmid AG has sold the company to Migros Beteiligungen AG (Migros) for an undisclosed consideration.
Migros is the largest retail company in Switzerland. With 97,000 employees, Migros achieves sales of US$28 billion. The company also has an extensive industrial manufacturing production to supply its own shops as well as third party customers.
Lüchinger+Schmid AG is the leading Swiss trade and manufacturing company for eggs and egg products, with a production of over 500 million eggs. The company serves retail as well as HORECA and, to a lesser extent, private customers.
Oaklins' team in Switzerland advised the seller in the preparation of the divestment process and due diligence, the approach and negotiations with potential buyers, and assisted him until closing.
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