Successful Deals with PwC: Storskogen acquires automation company LNS Group (buy-side)

Storskogen acquires and manages well-managed and profitable small and medium-sized enterprises within the business areas Industry, Trade and Services in the Nordic countries, DACH and the United Kingdom.

LNS Group is a global market leader within automation peripherals and services based in Orvin, Switzerland. LNS has over 950 FTEs and reported net sales of CHF 180 million with an EBITA of CHF 20.6 million for the last twelve month period ending 30 September 2021.

The acquisition will strengthen Storskogen’s position within automation as well as its footprint in the DACH region, further accelerating the Group’s international expansion. The purchase price amounts to CHF 185 million on a cash -and debt free basis and will be financed with existing funds.

PwC supported Storskogen with financial, tax, and pension due diligence services.

Press release


The PwC team

FDD

  • Frank Minder
  • Luca Borrelli
  • Bianca Vögeli
  • Steven Wendebaum

Tax

  • Thibaut de Haller
  • Marc Baumann
  • José da Silva Barbosa
  • Morris Ornstein

Pension

  • Adrian Jones
  • Matthias Pfiffner
  • Jack Ackermann

 

Successful Deals with PwC

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Contact us

Frank Minder

Frank Minder

Partner, Transaction Services Leader, PwC Switzerland

Tel: +41 58 792 14 57