VERAISON reduces its stake in Komax Holding AG, Dierikon, to below 3%
24. January 2018
VERAISON Capital AG, acting on behalf of the VERAISON SICAV – Engagement Fund, has reduced its stake in Komax Holding AG, Dierikon, to below 3%.
We are committed to a transparent communication with our investors and other parties.
VERAISON Capital AG, acting on behalf of the VERAISON SICAV – Engagement Fund, has reduced its stake in Komax Holding AG, Dierikon, to below 3%.
As of April 1, 2018 René Bernhard will be joining VERAISON Capital as a new member of the management team (CFO / COO). He will be replacing Michael Otte, who has decided to leave VERAISON Capital. Michael Otte also withdrew from the Board of the VERAISON SICAV. VERAISON would like to thank Michael Otte for his contribution and wishes him all the best.
René joins VERAISON Capital from Deloitte where he acted as senior manager in the corporate finance advisory team. René is a CFA charterholder and has extensive experience in corporate finance and capital markets, having worked in the last 10 years for Deloitte, Alantra/Swiss Capital and Hitz & Partner. In this function René was responsible for strategic transactions for listed and private companies, domiciled in Switzerland and abroad. René attended the University of Zurich and the Fudan University in Shanghai and holds a master degree in corporate finance. VERAISON Capital is very pleased to welcome René and is convinced that his experience will ideally complement the leadership team.
The appointment of René is subject to the approval by the Swiss Financial Market Supervisory Authority (FINMA).
VERAISON Capital AG, acting on behalf of the VERAISON SICAV – Engagement Fund, has reduced its stake in Komax Holding AG, Dierikon, to below 5%.
As of March 1, 2018, the management team is being expanded. Andreas Weigelt will become Senior Partner and CEO. Since the beginning of 2015, he has been working for Arbonia Group, where he currently leads the EgoKiefer business and was previously involved in the restructuring of Arbonia as Head of Strategy for the entire Group. Andreas worked at the Boston Consulting Group (BCG) for over seven years as part of the Swiss leadership team for the Industrial Goods practice. He comes from an entrepreneurial family and will continue this tradition by buying in as a shareholder at VERAISON Capital.
The Board of Directors will also being strengthened by the election of Michael Barben. Michael is an operating Partner at Partners Group, where he spent the last 17 years gathering extensive international experience. He has been instrumental in building up Partners Group’s private infrastructure business line, which managed CHF 8.6 billion in assets as of June 2017. His background and active involvement will help contribute to VERAISON’s continued growth strategy.
Both appointments are subject to approval by the Swiss Financial Market Supervisory Authority (FINMA).
VERAISON supports Goldbach’s Board of Directors in its decision to accept the takeover offer by Tamedia. VERAISON has therefore decided to tender its 19.09% stake to the buyer, as we believe the offered price reflects the intrinsic value of the company and thus appears fair.
VERAISON Capital Ltd., Zurich has acquired for the VERAISON SICAV – Engagement Fund 3.17% of the voting rights (and 5.30% of the share capital) in Zehnder Group Ltd., Gränichen. This corresponds to 622’707 registered A-shares.
After successfully launching the VERAISON SICAV–Engagement Fund, which has generated annualized investment returns of +15% p.a., and after thereby expanding assets under management to more than CHF 330 million, co-founders Elad Ben-Am and Yann Wermeille will leave the company at the end of October 2017 to pursue new professional challenges.
To further develop the company, VERAISON is expanding its management team with new experts who bring additional capabilities. Recently, Eric Sibbern (ex-Homburger, Credit Suisse) joined VERAISON as a new partner who will significantly strengthen the company with his legal and financial expertise.
VERAISON would like to thank Elad Ben-Am and Yann Wermeille for their contribution to the company’s success and wishes them all the best for the future. As co-founders, they were responsible for the successful start-up phase of the company.
As of 1st December 2017, Eric Sibbern is joining VERAISON Capital as a Partner. Eric is an experienced lawyer and has mainly been active in the area of corporate and capital market law. In the last seven years, he worked at Homburger AG in Zurich and Kirkland & Ellis LLP in New York. Most recently he worked as a Director in the Corporate Development team at Credit Suisse. In this role, he was involved in numerous strategic transactions of private and listed companies, incl. capital market transactions. Furthermore, he is a specialist for Corporate Finance and financial market regulation.
Eric holds a degree in law from the University of Zurich and Geneva and a degree in Banking and Finance from the University of St. Gallen (HSG) and Michigan, Ann Arbor. We are pleased to welcome Eric, who will strengthen VERAISON Capital with his expertise and experience.
At the AGM on May 9th 2017, the shareholders of Calida Holding AG approved the proposal of the Board to elect Valentin Chapero Rueda as a new member of the Board. VERAISON is very pleased with the election of its co-founder and partner.
Link to Calida’s press release (german only)
On the 31th of March 2017 the shareholders of VERAISON SICAV unanimously followed the recommendations of the Board and approved all proposals submitted at the 2nd Annual General Meeting. In particular, they unanimously confirmed Gregor Greber, Alexander Kaiser, Bernhard Fuchs and Michael Otte as members of the Board for a further one-year term.
The Board wishes to thank all shareholders for their trust and commitment.
The Board of Directors is pleased to invite shareholders to the second Annual General Meeting of VERAISON SICAV.
VERAISON SICAV Annual General Meeting
Thursday, March 30, 2017, at 13:30
Kaufmännischer Verband Zürich, Room «Athene»
Entrance at Talacker 23, 8001 Zurich
At the Annual General Meeting, the VERAISON team will report extensively on recent developments of the portfolio of the VERAISON SICAV – Engagement Fund. In addition, it is a great pleasure for us to welcome Prof. Dr. Roland Siegwart as a guest speaker. He has been the Professor for Robotics at the ETH Zurich since July 2006 and has been co-director of the newly founded Wyss Translational Center Zurich, a joint research center of the ETH Zurich and the University of Zurich, since 2015. He studied mechanical engineering at ETH Zurich and did his doctorate at the same institute. From 1996 to 2006 he was a professor at EPFL Lausanne and from 2010 to 2014 vice president for research and economic relations at ETH Zurich.
He will discuss with us his thoughts and assessments regarding robotics, in a presentation entitled: «Robots leaving the factories – revolution or evolution?»
IMPORTANT: We would like to invite shareholders who wish to attend the Annual General Meeting to consult the official invitation as published in the Swiss Commercial Gazette (SOGC), which contains the agenda items as well as further information on ordering entrance tickets and arranging proxies.
VERAISON SICAV
The Board of Directors
VERAISON Capital AG, acting on behalf of the VERAISON SICAV-Engagement Fund, has sold its participation of 13.3% in the Meyer Burger convertible bond.
VERAISON Capital AG, acting on behalf of the VERAISON SICAV – Engagement Fund, has reduced its stake in Leonteq AG, Winterthur, to below 3%
VERAISON Capital AG, acting on behalf of the VERAISON SICAV-Engagement Fund, has sold its stake in Leonteq AG, Zurich.
VERAISON makes note of the following official disclosure regarding the Meyer Burger recapitalization:
