Pestalozzi advised RUAG International in the sale of the Lithography division to Zeiss SMT
RUAG International and Zeiss SMT have signed an agreement regarding the sale and acquisition of the Lithography division, including all employees and assets associated with the two production sites in Zurich (Switzerland) and Coswig (Germany). The acquisition is still subject to approval by the competition authorities. With the expected closing end of 2024, the divestment will allow RUAG International to fully focus on its space activities with Beyond Gravity and its Launchers and Satellites divisions. Pestalozzi advised RUAG International as lead counsel on all legal aspects of the transaction.