29.01.2024 / Deals & Cases

Deal: Wenger Vieli advised the shareholders of Anavia on the sale of a stake to the EDGE Group PJSC

Wenger Vieli advised the shareholders of Anavia, an innovative Swiss manufacturer of helicopter systems, in the sale of a majority ownership interest to the EDGE Group PJSC, headquartered in Abu Dhabi, United Arab Emirates. This partnership presents new opportunities to investigate innovative solutions that are in line with the evolving demands of advanced autonomous flight systems.

Based in Glarus Nord, Anavia specializes in the development, manufacturing, and promotion of Vertical Take-off and Landing Systems (VTOL) with a weight range of 100 to 750 kg, establishing itself as a global player in this market.

EDGE Group PJSC is a globally renowned high-tech conglomerate situated in the United Arab Emirates, dedicated to devising agile, intelligent, and often disruptive solutions for security and defense, marketed on a global scale.

The team was led by Beat Speck (Partner, Corporate/M&A) and included Dominik Rietiker (Associate, Corporate/M&A), Sabine Taxer (Senior Associate, Employment) and Josephine Heinzelmann (Junior Lawyer).