Burkhalter Group completes acquisition of Elektrohüs AG
January 03, 2022 at 11:44 am EST
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EQS-Ad-hoc: Burkhalter Holding AG / Key word(s): Acquisition
Burkhalter Group completes acquisition of Elektrohüs AG
03-Jan-2022 / 17:41 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
The Burkhalter Group has completed the purchase of Elektrohüs AG in the canton of Valais. The purchase agreement was signed on 29 November 2021 with effect from today.
The Burkhalter Group, a leading provider of electrical engineering services to the construction sector, announced its acquisition of the Valais-based company Elektrohüs AG when the purchase agreement was signed on 29 November 2021. Today marks the completion of the transaction. Elektrohüs AG was merged with the Brig-based company TZ Stromag, which is already part of the Burkhalter Group, with effect from 1 January 2022 and will now operate under the name of Elektrohüs as a branch of TZ Stromag. The company employs 25 people and generates annual sales of around CHF 3 million. All employees have been kept on and the premises in Susten, Steg and Wiler have been retained. Fernando Ambord will run the location in Susten, while Thomas Krummenacher will manage the Steg and Wiler sites.
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More information: Burkhalter Holding Ltd
Elisabeth Dorigatti, Communication and Investor Relations
+41 44 439 36 33 e.dorigatti@burkhalter.ch www.burkhalter.ch
Burkhalter Holding AG is a Switzerland-based company engaged in the distribution and installation of electrotechnical and telecommunication engineering systems. It directs its offering at the construction industry. The Company operates through the electric engineering segment, divided into six service areas: Installations, covering the electric installations and systems in residential and commercial properties, as well as industrial plants; Switchboards, providing the development, planning and montage of bespoke switchgears; Services, engaged in the maintenance of the installed systems and installations; Telematics, active in the field of cabling, information technology (IT) networks, client server systems and Voice over Internet Protocol (VoIP) solutions; Automation, which covers the design, planning, programming and implementation of industrial automation processes, and Security, providing security solutions, such as access control, fire protection and video surveillance.
BURKHALTER HOLDING AG 
