Cham Group/Ina Invest: shareholders to vote on merger in March
Cham Group is expected to hold a two-thirds stake in the new company and provide the CEO. Implenia should then hold a 14% stake.
The shareholders of Ina Invest and Cham Group are to vote on the planned merger of the two companies in March. This is stated in an identical press release from the real estate companies. Talks on the merger are "well advanced". Ina Invest is listed on the SIX Swiss Exchange, while Cham Group shares are traded over the counter. The companies' boards of directors first announced the plans for the merger on September 23. Ordinary general meetings on March 31 will now bring the decision.
The shareholders of Cham Group would hold a clear majority of 66% in the new company. However, this calculation is subject to the final annual financial statements of both companies. The shares are to be listed on the SIX Swiss Exchange in the real estate companies segment. According to the two companies, the Board of Directors will be made up of five to six former members of the Boards of Directors of the two companies and will be chaired by Stefan Mächler, Chairman of the Board of Directors of Ina Invest. Thomas Aebischer (CEO Cham Group) is planned as CEO. Marc Pointet (CEO Ina Invest) would take on the role of Chief Integration Officer. Daniel Grab (CFO Cham Group) is envisaged as CFO.
Implenia receives compensation payment
According to Ina Invest's main shareholder Implenia, the merger will change the cooperation with the former subsidiary: an agreement on the extensive outsourcing of Ina Invest to Implenia that has been practiced to date is to be replaced by a "strategic partnership". In return, Ina Invest will make a one-off payment of CHF 31 million to Implenia in 2025. In Implenia's balance sheet, however, this payment will be partially offset by the negative effect on the investment result, according to the statement. (aw)
