Burkhalter Holding AG

M&A Activity • Nov 6, 2023

News Details

Ad-hoc | 6 November 2023 17:40

Burkhalter Group buys electrical engineering company in Valais

Burkhalter Holding AG / Key word(s): Takeover

06-Nov-2023 / 17:40 CET/CEST

Release of an ad hoc announcement pursuant to Art. 53 LR

The issuer is solely responsible for the content of this announcement.

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Burkhalter Group acquires C2B ELECTROTECHNIQUE Sàrl in Martigny (VS). The company employs 26 people and generates annual sales of around CHF 4.5 million.

C2B ELECTROTECHNIQUE Sàrl has been successfully operating in the regional market since 2005 and primarily provides classic installations, installations for the industrial sector and switchboard construction services. The owners of the business are now selling to Burkhalter Holding Ltd. C2B is being merged with the Sion-based company Grichting & Valterio Electro SA, which is already part of the Burkhalter Group, and will operate as a branch of this organisation with effect from 1 January 2024. All employees will be kept on, the business premises in Martigny will be retained and will continue to be managed by the current owners.

It remains part of the Burkhalter Group’s strategy to gain additional market share by selectively acquiring other electrical engineering companies.

Download media release as PDF here

Contact:

Burkhalter Holding Ltd

Elisabeth Dorigatti, Head of Corporate Communication, Sustainability and Investor Relations

+41 44 439 36 33

e.dorigatti@burkhalter.ch www.burkhalter.ch

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End of Inside Information

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Language:	English
Company:	Burkhalter Holding AG
	Hohlstrasse 475
	8048 Zürich
	Switzerland
Internet:	www.burkhalter.ch
ISIN:	CH0212255803
Valor:	21225580
Listed:	SIX Swiss Exchange
EQS News ID:	1766341

End of Announcement	EQS News Service