The 25 largest mergers in Switzerland (last 12 months)
1,060 mergers were registered in Switzerland over the past year. These are the biggest by absorbed assets, led by AXA Versicherungen and Mitrelli Group Swiss.
Updated
The Swiss commercial register published 1,060 mergers over the past twelve months. The largest by absorbed assets include major international consolidations and domestic group restructurings.
AXA Versicherungen in Zürich absorbed CHF 1.2 billion in assets in November 2025, a consolidation within the AXA group's Swiss operations. Mitrelli Group Swiss in Thurgau absorbed CHF 739 million in January 2026, and Mayer & Cie Holding in Zug absorbed CHF 498 million in May.
Zürich leads by merger count with 226, followed by Bern (127) and Zug (112). The total absorbed assets across all 1,060 mergers amount to CHF 10.7 billion. For most B2B sellers, a merger means a reorganisation is underway, and that means budgets are being reassigned and buying decisions are up for review.
| # | Absorbing company | Canton | Date | Absorbed assets |
|---|---|---|---|---|
| 1 | AXA Versicherungen AG | Zürich | 26 Nov 2025 | CHF 1,231,220,000 |
| 2 | Mitrelli Group Swiss AG | Thurgau | 5 Jan 2026 | CHF 738,624,893 |
| 3 | Mayer & Cie Holding AG | Zug | 7 May 2026 | CHF 498,181,290 |
| 4 | acrevis Bank AG | St. Gallen | 25 Jun 2026 | CHF 430,445,000 |
| 5 | Miniclip SA | Neuchâtel | 12 Jun 2026 | CHF 368,231,081 |
| 6 | ASSA ABLOY Entrance Systems Holding AG | Zürich | 1 Jul 2026 | CHF 363,385,071 |
| 7 | UBS Philanthropy Foundation | Zürich | 11 Jun 2026 | CHF 358,322,737 |
| 8 | Accenture AG | Zürich | 20 Feb 2026 | CHF 313,121,034 |
| 9 | DERTOUR Suisse AG | Geneva | 13 May 2026 | CHF 220,642,466 |
| 10 | CA Indosuez (Switzerland) SA | Zürich | 15 Dec 2025 | CHF 197,447,000 |
| 11 | Galenos AG | Bern | 5 Jan 2026 | CHF 193,130,711 |
| 12 | Solvias AG | Aargau | 2 Sep 2025 | CHF 185,485,546 |
| 13 | FIM MANAGEMENT SA | Geneva | 16 Jul 2026 | CHF 163,139,884 |
| 14 | LAUFEN Schweiz AG | Basel-Landschaft | 29 Jun 2026 | CHF 142,252,000 |
| 15 | DSV Logistics SA | Basel-Stadt | 1 Apr 2026 | CHF 136,726,156 |
| 16 | Holdertrade Ltd | Zug | 18 Jun 2026 | CHF 135,797,712 |
| 17 | Schweizer Salinen AG | Basel-Landschaft | 16 Oct 2025 | CHF 135,212,812 |
| 18 | ORIOR Food AG | Aargau | 31 Oct 2025 | CHF 133,844,813 |
| 19 | MCI Group Holding SA | Geneva | 20 Aug 2025 | CHF 123,952,103 |
| 20 | Noble Drilling International GmbH | Zug | 22 Jun 2026 | CHF 112,567,257 |
| 21 | Universitäres Psychiatrisches Zentrum Bern AG | Bern | 24 Jun 2026 | CHF 111,507,539 |
| 22 | Bell Schweiz AG | Basel-Stadt | 29 Jun 2026 | CHF 108,968,027 |
| 23 | Ruzicka Holding SA | Vaud | 12 Jun 2026 | CHF 104,443,555 |
| 24 | Made 2 Design SA | Vaud | 10 Dec 2025 | CHF 99,305,611 |
| 25 | JURA Materials Kies & Beton AG | Zürich | 29 Jun 2026 | CHF 98,065,197 |
| 1,035 more mergers. Create a free account to see them all. | ||||
Mergers in the Swiss register are published when one company absorbs another (Fusion durch Absorption). The absorbing company inherits the assets and liabilities of the absorbed entity. The "absorbed assets" column shows the total assets transferred, as declared in the SHAB publication. To understand how these events appear in the register, see our guide to reading SHAB/FOSC.