Company takeovers Federal councillors reach agreement on "Lex China"

SDA

2.12.2025 - 12:46

Activists draw attention to what they see as existing problems before Syngenta's last general meeting of shareholders before the takeover by Chem China in 2017. (archive image)
Activists draw attention to what they see as existing problems before Syngenta's last general meeting of shareholders before the takeover by Chem China in 2017. (archive image)
Keystone

The National Council and the Council of States have agreed on the wording of the so-called "Lex China" to control foreign investments in Switzerland. In the end, the National Council followed the Council of States, which spoke out in favor of limiting the law.

Keystone-SDA

For example, the law will now not be applied if a company takeover would threaten the security or supply of essential goods and services in Switzerland. The law is only intended to prevent takeovers that endanger public order or security in this country.

In 2020, the National Council and Council of States instructed the Federal Council to draw up a law to review foreign investments. This was triggered by the takeover of Swiss agrochemical giant Syngenta by state-owned Chem China, among other things.

Since then, many have feared that China could also take over security-related companies and infrastructure in the future. This is why the decree is also known as "Lex China".