Bär & Karrer advises Cembra on the acquisition of EFL Autoleasing

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Cembra Money Bank AG (Cembra) signed an agreement to acquire EFL Autoleasing AG (EFL) from Auto-Interleasing AG. EFL is a well established auto lease and auto loan financing company based in Winterthur (Switzerland). At the end of June 2017, EFL had approx. CHF280m auto lease and loan receivables outstanding. The combined auto lease and loan business of Cembra will have net financing receivables of CHF1.9bn.

Bär & Karrer acted as legal adviser to Cembra in this transaction. The team included Thomas U. Reutter, Daniel Heiniger, Daniel Raun, Sandro Fehlmann and Stefanie Walch (all M&A), Rashid Bahar and Martin Peyer (Regulatory) as well as Laura Widmer and Lukas Bründler (Employment).

The post Bär & Karrer advises Cembra on the acquisition of EFL Autoleasing appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.



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