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VUKMIR + ASSOCIATES advised on the acquisition of Adcubum by Helsana Group

Swiss insurance company Helsana Group has acquired Adcubum, a specialist in software products headquartered in St. Gallen. Swiss law firm Niederer Kraft Frey, led by Partner Patrik Peyer, advised the buyer as lead legal counsel. VUKMIR + ASSOCIATES and Lupp & Partner provided legal support on Croatian and German law matters, respectively. Closing is expected later this year.

Headquartered in Dübendorf, Helsana is an insurance provider with a premium volume of approximately CHF 8.2 billion and around 3,400 employees across Switzerland. Its services cover basic, supplementary, and accident insurance, as well as daily sickness benefits.

Adcubum, based in St. Gallen, develops software solutions for the health and accident insurance sector. The company employs more than 300 people across its offices in Switzerland, Germany, and Croatia. Following the acquisition, Adcubum will continue to operate independently.

The VUKMIR + ASSOCIATES team was led by Partners Tomislav Pedišić (Corporate /M&A /Technology) and Sanja Tkalec Kovač (Corporate /M&A /Competition /Commercial), and included Partner Ivan Ćuk (Finance), Senior Attorneys Andrea Kožul Pedišić (Regulatory /Compliance /Technology), Tea Cerinski (Employment), and Lidija Gepert (IP /Disputes), as well as Associates Luka Gubić (Commercial /Competition) and Antonio Straga (Real Estate).

We would like to congratulate all parties involved and thank our colleagues at Niederer Kraft Frey for the smooth coordination and excellent cooperation.