Ina Invest Holding AG (SWX:INA) and its investment partners signed an agreement to acquire CERES Group Holding AG from Hermann Alexander Beyeler on December 15, 2021. Under the terms, part of the consideration will be settled by issuing shares at CHF 22 per share. As part of the transaction,  Bredella development project and Buss Immobilien und Services Ltd will also be acquired along with CHF 110 million of mortgages.

Post completion, the 17 employees of Buss Immobilien und Services Ltd. will be taken over by Ina Invest and will continue to be responsible for the administration and maintenance of the Buss Industrial Park. The transaction is expected to close in January 2022. Andreas Vögeli, Philipp Candreia, Markus Kronauer, and Christina Rinne of Niederer, Kraft & Frey acted as legal advisor to Ina Invest Holding AG (SWX:INA).