On 12 May 2022, Feintool International Holding AG announced the completion of its capital increase by way of a rights offering launched on 28 April 2022, in which Feintool shareholders were allocated subscription rights in proportion to their shareholdings in Feintool. Shares not taken up in the rights offering were subsequently sold to investors in a share placement. The offering resulted in proceeds of approximately CHF 202 million, which will be used to repay the bridge financing for the acquisition of Kienle + Spiess, to finance growth investments and for general corporate purposes. UBS acted as sole global coordinator and bookrunner and ZKB as bookrunner in this rights offering.