Monthly recap

Swiss M&A in June 2026

ValIndex recorded 33 transactions involving an operating Swiss company in June 2026. 20 were reported in the business press; 13 surfaced only in the commercial register, with no press coverage at all. 18 carried a disclosed price.

33
Transactions recorded
20
Press-reported
13
Register-only
18
With a disclosed price
11
Cantons represented

Why the register-only number matters

A Swiss acquisition becomes public twice: once when someone writes about it, and once when the commercial register publishes the change of control. The second always happens; the first often does not. 13 of June’s 33 transactions never made the press — they are in this list because ValIndex reads the register itself, every publication, every week.

Where the deals were

Canton is on record for 21 of 33 transactions.

ZH7GE3NE2ZG2AG1BS1LU1SG1SZ1TI1VD1

Every transaction recorded in June 2026

  1. 2026-06-01ZGPress-reported

    AK Group AG (Apfelkiste.ch and MAREIN)

    acquired by Mobilezone Holding AG (SIX: MOZN)

    Closing completed 1 June: mobilezone paid CHF 180M cash (EV) for AK Group — Apfelkiste.ch (60,000-SKU phone-accessory/lifestyle e-tailer, founded 2011) plus retail-branding arm MAREIN. 2025 revenue over CHF 100M, EBITDA ~CHF 20M, ~100 staff — 1.8x revenue / 9x EBITDA. Founder Pierre Droigk rolls into a 5.18% mobilezone stake, becoming its largest individual shareholder, with a 2027 board seat proposed. PE seller Invision exits. Group 2026 EBITDA guidance lifted to CHF 50-57M.

  2. 2026-06-01NEPress-reportedWholesale & Distribution

    LEYAT

    acquired by Flisch Group

    FELCO owner Flisch Group (Flisch Holding SA, Les Geneveys-sur-Coffrane NE) acquired LEYAT, Switzerland's oldest secateur maker — founded 1917 in Valais, now headquartered in Bevaix NE with ~20 employees. Announced 1 June; price undisclosed. Pure brand-and-craft consolidation in Swiss garden tools: Flisch plans to internationalize LEYAT, until now sold almost exclusively in Switzerland. Niche Swiss manufacturing heritage keeps getting absorbed by family-held strategics, not funds.

  3. 2026-06-01Register-only

    RK Diablo AG

    acquired by GP Devil AG

    Not motorcycles — a hidden Lucerne metal-finishing buy-and-build folding its deal vehicles. RK Diablo AG (Emmenbrücke, 2019) is Reto Koch's holdco from his Jan-2019 takeover of electroplater Galvanova AG; GP Devil AG (2017) sits at Werkstrasse 5, Malters — home of hard-chrome specialist Blaser AG, where Koch also appears in management. CHF 1.4M net assets shift as Koch collapses two acquisition holdings into one plating group nobody has mapped.

    Price: CHF 3.0MMarket Pulse 2026-W23
  4. 2026-06-02SGPress-reported

    Grob Kies AG

    acquired by KIBAG

    Textbook succession: the Grob family sells its ~160-year-old Toggenburg gravel/concrete firm (3 gravel pits, 4 concrete plants, 50 staff, all retained) with no family successor. Split sale — building materials, transport and recycling go to KIBAG per July 2026; the construction unit goes to local E. Weber AG per August. KIBAG (family-owned, Zurich, founded 1926, 2,000+ employees, 14 gravel works and 25 concrete plants) keeps consolidating aggregates — strategics move fast on pit assets where PE rarely competes.

  5. 2026-06-02ZHPress-reported

    Sustainable Real Estate AG

    acquired by Patrimonium Holding AG

    Patrimonium Holding AG (Baar) takes over Sustainable Real Estate AG, Zurich (MDs Klaus Kämpf and Marco Scheurer) effective 1 July 2026. SRE manages the SIX-listed SRES fund — CHF 475M across 30 sustainable Swiss residential properties; Patrimonium AM (CHF 5B AUM, CHF 3.7B+ Swiss real estate) becomes fund manager 1 January 2027 pending FINMA, and inherits advisory ties to Quadoro's ~EUR 785M German funds. Sub-scale FINMA asset managers are sellers — consolidation continues.

  6. 2026-06-02GEPress-reported

    Wecan Group

    acquired by SEALSQ Corp

    Deal of the Week, part one: SEALSQ moves from 28% to majority control of Vincent Pignon's Geneva compliance-blockchain firm, whose client roster spans Pictet, Lombard Odier, Edmond de Rothschild, Syz and Barclays. See the full analysis above.

    Price: CHF 5M commitmentPress-Reported Market Pulse 2026-W23
  7. 2026-06-02VDPress-reportedElectronics & Precision

    Miraex SA

    acquired by SEALSQ Corp

    Deal of the Week, part two: 100% of the 2019 EPFL photonics spinoff whose lithium-tantalate chips link quantum computers to optical networks — sold whole after raising under CHF 1m of disclosed venture capital. See the full analysis above.

  8. 2026-06-03Press-reported

    Yfood

    acquired by Nestlé S.A.

    Nestlé announced 3 June it buys out the remaining ~51% of Munich meal-replacement brand Yfood from co-founder-CEOs Benjamin Kremer and Noël Bollmann (transfer effective 3 July 2026), having held 49% since 2023. Bloomberg pegs the implied valuation at ~€450M on 2025 sales of ~€150M with double-digit growth. Both founders exit; Nestlé's Jolanda Schwirtz takes over. First acquisition under new CEO Philipp Navratil — staged minority-to-control exits remain the corporate playbook PE must price against.

  9. 2026-06-04ZGRegister-onlyAutomotive & Mobility

    Clyde Mobility AG

    acquired by AMAG Leasing AG

    AMAG buries its subscription experiment without a press release: Clyde Mobility AG folds into AMAG Leasing at CHF -25.7M negative net assets — the first hard number on what the 2019-launched Auto-Abo cost. Clyde survives only as a brand ('an offering of AMAG Leasing AG'); the standalone entity didn't outlast its Jan-2024 all-electric pivot. Architect Martin Everts had already left AMAG to run IWB. Registry-only disclosure of a venture write-off.

    Price: CHF 4.3MMarket Pulse 2026-W23
  10. 2026-06-04Register-only

    FAM Immobilien AG

    acquired by FALEM Immobilien AG

    CHF 15.2M of Zurich property moves between vehicles of the same circle: FALEM (founded May 2020) is chaired by Sergio Galluccio (Feusisberg, also on Meluca Immobilien AG's board), alongside Christian Müller and Helena Oetiker Rauner; predecessor president Adrian Lüthi stepped back. FAM-into-FALEM reads as a Galluccio-linked portfolio consolidating into one holdco — consolidation mechanics, but a marker of who quietly controls CHF 15M+ of Zurich real estate.

    Price: CHF 101.2MMarket Pulse 2026-W23
  11. 2026-06-05Register-only

    Swissbluecapital AG

    acquired by Swisspath AG

    Alessandro Lardi's Zurich multi-family office is simplifying its stack: Swisspath AG (revision waived since 2023, sole director) absorbs Swissbluecapital AG with CHF 3.2M net assets, while sister entity Swisspath Advisory AG sits in liquidation. The group — Swisspath Capital (CEO Monica Guelmani), Yachting (2018) — is post-buildout housekeeping, not new AUM. Worth tracking as the family-office roll-up tidies before its next move.

    Price: CHF 4.4MMarket Pulse 2026-W23
  12. 2026-06-08ZHPress-reportedTechnology & Software

    additiv AG

    acquired by Temenos AG

    Deal of the Week: SIX-listed Temenos buys the AI-orchestration wealthtech it needs for the mass-affluent market. Founder Michael Stemmle stays; additiv runs standalone. See the full analysis above.

  13. 2026-06-08Register-only

    See Tickets AG

    acquired by Ticketcorner AG

    Ticketcorner (CTS Eventim's Swiss arm) absorbed See Tickets AG — further consolidation of Swiss event ticketing under the Eventim umbrella, tightening an already-concentrated market.

    Price: CHF 9.1MMarket Pulse 2026-W24
  14. 2026-06-09Register-only

    Athris AG

    acquired by Pelham Investments AG

    A CHF 1.23bn take-private: Pelham Investments — the St. Moritz family office of Georg von Opel (heir to the Opel motor dynasty) — completed its absorption of investment company Athris, which it already controlled at ~98% after a 2024 public tender offer at CHF 1,355.70/share. The deal was public; the register records its CHF 1.23bn scale.

    Price: CHF 1.23bnMarket Pulse 2026-W24
  15. 2026-06-10ZHPress-reported

    Compet Medical AG

    acquired by Healthcare Holding Schweiz

    Healthcare Holding Schweiz added Compet Medical to its medtech portfolio — a continuing Swiss medical-device roll-up. The buyer is assembling a portfolio of niche Swiss device makers; each tuck-in widens distribution and regulatory scale that independents struggle to fund alone.

  16. 2026-06-11Press-reported

    Zigmo Engineering

    acquired by Implenia AG

    Switzerland's largest construction group Implenia acquired engineering-and-planning firm Zigmo, deepening the design capability it increasingly bundles with build. Construction majors are moving upstream into engineering to capture margin and lock in project pipelines.

  17. 2026-06-11BSPress-reported

    ClearideBio Therapeutics AG

    acquired by LOTTE Holdings (HB-CVC)

    Japan's LOTTE made its healthcare CVC's ninth investment — and its FIRST in European biotech — leading the pre-seed of Basel ADC startup ClearideBio (founded Dec 2025, next-gen antibody-drug conjugates for solid tumors). Asian strategic capital is now sourcing Swiss oncology platforms at formation stage.

    Price: Pre-seed (lead investor)Press-Reported Market Pulse 2026-W24
  18. 2026-06-11Register-only

    BRUGG Ropes AG

    acquired by BRUGG GROUP AG

    BRUGG Group absorbed its rope-engineering subsidiary (CHF 69M net assets) — a group simplification consolidating the 130-year-old Aargau cable-and-rope maker's structure ahead of any strategic move.

    Price: CHF 69.0MMarket Pulse 2026-W24
  19. 2026-06-12Register-only

    CH Media Holding AG

    acquired by AZ Medien AG

    The CHF 307M filing (June 12) completes AZ Medien’s buyout of CH Media: NZZ’s remaining 35% transfers, leaving the Wanner family group in full control of one of Switzerland’s largest regional-media houses. Reported in April; the register adds the CHF 307M price. See One Story Deeper.

    Price: CHF 306.8MMarket Pulse 2026-W24
  20. 2026-06-16GEPress-reported

    Equadis SA

    acquired by Cathay Capital

    Global PE firm Cathay Capital took a majority stake in Equadis, the Carouge (Geneva) product-information-management SaaS platform: about 100 staff and 600-plus customers including Procter & Gamble, Unilever and Nestle. Management reinvests and a new CEO, Pascal Laik, steps in. A capital-light Swiss software platform set up for a European buy-and-build. Terms undisclosed.

    Price: UndisclosedMarket Pulse 2026-W25
  21. 2026-06-17SZPress-reported

    STG Swiss Technology Group AG

    acquired by TTM Technologies, Inc.

    Deal of the Week. Nasdaq-listed TTM Technologies acquires STG (operating core GS Swiss PCB, Kussnacht am Rigi) from PE owner Afinum, all-cash, closing Q3 2026. STG makes miniaturised rigid and flex PCBs for surgical robotics, hearing aids, implantables and defence; roughly CHF 40 million revenue, 170 to 200 staff. TTM's first European plant, bought alongside ILFA GmbH of Hannover.

    Price: UndisclosedMarket Pulse 2026-W25
  22. 2026-06-17TIPress-reported

    Rivopharm SA

    acquired by Laprophan Group

    Casablanca pharma group Laprophan, through its European platform Europhan, took a controlling stake in Rivopharm SA, the Manno (Ticino) generics and CDMO maker: roughly US$100M revenue, 125 molecules, 1,500 references in 30-plus countries, with FDA-, EU- and Swissmedic-approved manufacturing. Founder Piero Poli (owner since 2005) keeps a minority. Laprophan's first European acquisition, a cross-border succession exit for a mid-cap Swiss pharma.

    Price: UndisclosedMarket Pulse 2026-W25
  23. 2026-06-18ZHPress-reported

    Zurich Marriott Hotel

    acquired by Pictet Alternative Advisors

    Pictet Alternative Advisors, the alternatives arm of Geneva's Banque Pictet, bought the 266-room, five-star Zurich Marriott on the Limmat through its Elevation II real-estate fund with operating partner Vertell. The deal is closed and Marriott stays on as operator. A Swiss private bank putting balance-sheet capital into supply-constrained downtown-Zurich hospitality. Price and seller undisclosed.

  24. 2026-06-19Press-reported

    Xella International

    acquired by Holcim

    Outbound. Zug-headquartered building-materials group Holcim agreed to acquire Xella, the German aircrete and calcium-silicate maker, in a deal reported at roughly CHF 1.7 billion. The week's largest Swiss-linked transaction, and a Swiss buyer expanding abroad rather than a Swiss target changing hands. We surface it as acquirer intelligence.

    Price: ≈ CHF 1.7 billionMarket Pulse 2026-W26
  25. 2026-06-19GERegister-onlyReal Estate

    OURSOLUTIONS SA

    acquired by Maya Management SA

    The week's largest register-only merger, and it is a property play: Geneva real-estate firm Maya Management absorbed fellow Geneva property company OURSOLUTIONS SA (roughly CHF 33.6M net assets), filed 19 June, dated 11 May. A consolidation of Geneva real-estate holdings, with no press coverage.

    Price: CHF 38.4MMarket Pulse 2026-W25
  26. 2026-06-19AGRegister-only

    Parkresort Rheinfelden Holding AG

    acquired by Bad Rheinfelden AG

    Bad Rheinfelden AG, the operating company behind the Aargau thermal-spa resort, absorbed its own parent, Parkresort Rheinfelden Holding AG (roughly CHF 11.5M net assets), filed 19 June, dated 15 June. A structural simplification that folds the holding into the operating business.

    Price: CHF 32.4MMarket Pulse 2026-W25
  27. 2026-06-23ZHPress-reportedAutomotive & Mobility

    Kyburz Switzerland AG

    acquired by SIC Group AG

    Deal of the Week. Swiss industrial holding SIC Group (Rapperswil-Jona, backed by around a dozen entrepreneurial families) acquired KYBURZ Switzerland, the Embrach maker of the yellow electric DXP delivery vehicle used by Die Post, from founder Martin Kyburz and minority holders. Kyburz, founder since 1991, is retiring; brand, plant and the management team stay. A Swiss-on-Swiss founder-succession exit.

  28. 2026-06-23ZHPress-reported

    Findus Switzerland

    acquired by Nomad Foods Limited

    UK-listed Nomad Foods completed its purchase of Findus Switzerland from Froneri, plus Findus brand IP from a Nestle affiliate, for roughly EUR 110 million. Unifies the Findus brand across Europe and adds a Swiss frozen-food book.

    Price: ≈ EUR 110 millionMarket Pulse 2026-W26
  29. 2026-06-25LUPress-reported

    i2O Water assets

    acquired by GWF AG

    Outbound. Lucerne metering and intelligent-water specialist GWF AG acquired the assets of UK smart-water-network firm i2O Water, adding pressure-management software to its hardware base. A Swiss SME buying capability abroad.

    Price: UndisclosedMarket Pulse 2026-W26
  30. 2026-06-26Register-only

    My Smile AG

    acquired by Kieferorthopäde Suisse AG

    The week's clearest register-only operating deal, and it is consolidation: Baar orthodontics group Kieferorthopäde Suisse absorbed Dietlikon dental brand My Smile AG, roughly CHF 10 million in assets, filed 22 June. A dental-practice rollup of the founder-succession kind the register shows before the press does. Most of this week's larger register filings were intragroup reorganisations and real-estate absorptions, not third-party M&A.

    Price: CHF 10.1MMarket Pulse 2026-W26
  31. 2026-06-29Register-only

    PZM Psychiatriezentrum Münsingen AG

    acquired by Universitäre Psychiatrische Dienste Bern (UPD) AG

    Bern's university psychiatric services absorbed the Münsingen psychiatric centre, CHF 111.5 million of assets in the 29 June filing, alongside a CHF 39.4 million recapitalisation of the merged entity. Public-sector healthcare is consolidating through the same register mechanics as private M&A. Most other large filings this week were intragroup absorptions, covered below.

    Price: CHF 111.5MMarket Pulse 2026-W27
  32. 2026-06-30NEPress-reported

    Groupe Chaumont (Efteor, Le Composant, Télôs Watch, THA)

    acquired by VAM Investments

    Deal of the Week. Milan private equity firm VAM Investments created Groupe Chaumont, a Neuchatel-based platform, by acquiring four Swiss high-end watch-component suppliers at once: Efteor and Le Composant of Bassecourt (precious-metal cases, clasps, oscillating weights, bracelets), Telos Watch of La Chaux-de-Fonds (movements and complications) and Henri Robert of La Chaux-de-Fonds (precision cutting tools). Founders reinvested; ex-Bulgari Watches chief Umberto Macchi di Cellere leads the group. Raiffeisen Schweiz and Luzerner Kantonalbank financed. More add-ons are planned.

  33. 2026-06-30ZHRegister-onlyFinancial Services

    Regiobank Männedorf AG

    acquired by acrevis Bank AG

    The register recorded completion of the acrevis and Regiobank Männedorf merger on 30 June: CHF 430.4 million of assets and CHF 389.1 million of liabilities moved to the St. Gallen bank. Terms from the February announcement: 17 acrevis shares plus CHF 200 in cash per Regiobank share, a transaction volume of CHF 25.8 million, retroactive to 1 January. Männedorf continues as an acrevis branch with staff retained. Regional-bank consolidation keeps grinding: three Emmental Raiffeisen banks and two St. Gallen-area Raiffeisen banks also merged this year.

    Price: CHF 430.4MMarket Pulse 2026-W27

How this list was built

Every week ValIndex reviews all Swiss commercial-register publications (SOGC/SHAB) and the Swiss business press, and records transactions involving an operating Swiss company. This page is the June 2026 slice of that record. Transactions are deduplicated on the target–acquirer pair and dated to the publication or announcement, not to signing. Coverage of the register is complete for this month; press coverage is necessarily selective, which is the point of the register-only count.

Cite this page

ValIndex, “Swiss M&A in June 2026”, 2026-06-30. https://valindex.ch/en/swiss-ma-june-2026/

Market Pulse

Next month’s deals, as they happen.

Market Pulse carries the same register reading every Friday — before it becomes a recap.

Free weekly newsletter. Unsubscribe anytime.