Baker McKenzie Advises ZKB, LUKB in Axicom Refinancing Deal.
Baker McKenzie has advised Zürcher Kantonalbank (“ZKB”) and Luzerner Kantonalbank AG (“LUKB”) in connection with a term and revolving credit facilities agreement provided to Axicom Holding AG (“Axicom”).
The financing supports the (partial) refinancing of the purchase price paid by the Energy Transition Investment (ETI) fund of Trilantic Europe (“Trilantic”) for the acquisition of all shares in Axicom HV AG.
Trilantic Europe is a leading international private equity firm, renowned for its expertise in investments across Europe and in the energy transition sector.
Ulrich Radlmayr, Managing Partner of RCP, said: “Under RCP’s tenure over the past four years Axicom’s management team developed Axicom into a superb stand-alone operation, strengthened its position as technology leader for high-voltage solutions and increased its revenues by almost 50%. For its next growth chapter Axicom will now benefit from Trilantic Europe’s energy expertise, industry network and capital base.”
Headquartered in Wohlen, Switzerland, Axicom is a key player in the energy transition, manufacturing critical grid components designed to transmit renewable energy safely and efficiently at high voltage levels.
With more than 60 years of industry experience, Axicom is recognized for its best-in-class engineering, reliability, and its high-quality solutions for complex power transmission applications. The company is a trusted partner to a global, blue-chip client base.
Baker McKenzie’s team advised ZKB and LUKB on all Swiss legal and tax aspects of the transaction. The team was led by Banking & Finance Partner Markus Wolf, with support from associates Sammy Guidoum and Felix Maier (Banking & Finance) and counsel Andrea B. Bolliger (Tax).
Axicom HV AG, based in Wohlen, Switzerland, is a leading manufacturer of high-voltage components and composite hollow insulators. With over 60 years of experience, Axicom supplies durable solutions for global power transmission markets. The company is known for engineering excellence, strict quality standards, and a strong commitment to sustainability under ISO 14001.
Baker McKenzie is a leading global law firm founded in 1949, with a presence in over 40 countries. With a team of 13,000 professionals, the firm advises corporations, governments, and institutions on complex legal matters across corporate law, litigation, tax, and more. Renowned for its cross-border capabilities and innovative approach, Baker McKenzie has handled over USD 600 billion in M&A transactions in the past five years—more than 65% of which span multiple jurisdictions. The firm is also recognized for its commitment to diversity, inclusion, and sustainable business practices.