Burkhalter Holding AG

M&A Activity • Mar 29, 2021

News Details

Ad-hoc | 29 March 2021 17:41

Burkhalter Group acquires Tabelec SA, a family business and specialist in electrical switchboards

Burkhalter Holding AG / Key word(s): Acquisition

29-March-2021 / 17:41 CET/CEST

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

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

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The Burkhalter Group is set to increase its presence in Switzerland’s French-speaking regions by purchasing both Tabelec Force et Commandes SA, based in Aclens (Vaud), and its subsidiary in Vernier (canton of Geneva). Founded in 1991, Tabelec SA is a successful manufacturer of electrical switchboards. The company’s market share, though regional at first, has gone from strength to strength over the years. Eusébio Oliveira, who currently owns Tabelec SA, will stay on as director, and all current employees will be retained. With the acquisition of Tabelec SA, the Burkhalter Group is adding to its range of electrical engineering services in the French-speaking regions of Switzerland.

Tabelec Force et Commandes SA is the 28th company that Burkhalter Holding Ltd has purchased since being listed on the stock exchange in June 2008. Its strategy still involves gaining a greater share of the market through targeted acquisitions of other electrical engineering businesses.

Download media release as PDF here

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End of ad hoc announcement

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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:	1179419

End of Announcement	EQS Group News Service