Burkhalter : Media release Burkhalter Group acquires Tabelec SA, a family business and specialist in electrical switchboards
March 29, 2021 at 12:16 pm EDT
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EQS Group-Ad-hoc: Burkhalter Holding AG / Key word(s): Acquisition
Media release
Burkhalter Group acquires Tabelec SA, a family business and specialist in electrical switchboards
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.
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.
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 
