Wuersch & Gering Represents Aebi Schmidt in its Merger with The Shyft Group

Monday, December 16, 2024

Wuersch & Gering advised Aebi Schmidt Group in its agreement to merge with The Shyft Group (NASDAQ: SHYF) in an all-stock transaction anticipated to close by mid-2025.  The transaction requires approval by The Shyft Group shareholders and regulatory clearance.  Upon the closing, the combined company will be listed on Nasdaq.  The merger marks a milestone in Aebi Schmidt Group’s strategic expansion following its acquisitions in the North American market of Monroe Truck Equipment in 2021, M-B Companies in 2018 and Meyer Products and Swenson Spreader in 2015, in which Wuersch & Gering previously advised Aebi Schmidt Group. 

Wuersch & Gering’s team included Daniel Wuersch (corporate), Travis Gering (corporate, securities), Jake Brown (corporate, securities), Claudio Guler (corporate) and Aafke Pronk (corporate*).  Baer & Karrer represented Aebi Schmidt Group as Swiss counsel.  The Shyft Group was represented by Davis Polk and Lenz & Staehelin.

* NY admission pending