4 Financial investments
Participation in %
(capital and votes)
Andrew Alliance SA
Development, production and marketing
of scientific instruments for life sciences
The Company sold its investment Andrew Alliance SA in January 2020 for a cash consideration of CHF 4.6 million. The resulting gain was recognized in the income statement of 2020. In addition, an amount of CHF 0.2 million was paid into an escrow account to secure contractual representations and warranties. This amount will be recognized in the income statement when the account is released in July 2021.