SWISSLOG RAISES CAPITAL TO BUY WASSERMAN
Swisslog Holding AG has raised its capital share by $30.24 million to finance the acquisition of parts of Wasserman AG, a supply chain consulting and software provider based in Munich.
Deutsche Bank has underwritten an issue of 1,375,000 shares at 36.25 francs per share, raising capital by 9.9 percent.
Swisslog reiterated its intent to fully acquire Wasserman in the future.
Based in Buchs/Aarau, Switzerland, Swisslog Holding AG is a provider of integrated supply chain solution.