Deals & Cases

Purchase of Suter Group by Nord Holding

MLL Legal advised the shareholders in the sale of Suter Group

Suter Group is a leading supplier of mobile pellet heating and dehumidification solutions, mainly for construction sites. The group offers a comprehensive service portfolio in the areas of technical insulation, structural fire protection, dehumidification and mobile pellet heating systems. Suter Group is the pioneer in Switzerland with its mobile wood pellet heating modules. The group employs around 70 employees at various locations in Switzerland and abroad.

Nord Holding, a leading European private equity manager, has successfully acquired Suter Group. Some sellers and leading employees of Suter Group remain involved in the company through an investment in Nord Holding and will continue to guide Suter Group’s growth.

MLL Legal has advised the sellers of Suter Group on all legal and tax aspects of the transaction. The MLL Legal – Team was led by partner Sergio Bortolani. The team also included senior associate Gabriel Meier, senior associate Philipp Falk, associate Michèle Sue Sidler and junior associate Samuele Celio (all Corporate / M&A, Zurich), notary Karim Steiner (Corporate / M&A, Zug) as well as from MLL Legal’s tax team partner Thomas Nabholz and associate Dragan Djukic (both Tax, Zurich).

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