Burkhalter : purchases Mérinat SA in French-speaking Switzerland
July 01, 2021 at 11:44 am EDT
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EQS Group-Ad-hoc: Burkhalter Holding AG / Key word(s): Acquisition
Burkhalter Group purchases Mérinat SA in French-speaking Switzerland
01-Jul-2021 / 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.
Mérinat SA in Vevey, in the canton of Vaud, will become a Burkhalter Group company as of 1 July. Now run by the third generation of the family who originally founded it in 1945, the company employs 80 staff members and generates sales of around CHF 12 million per year.
By acquiring the company Mérinat SA in Vevey (Vaud), the Burkhalter Group is gaining a business specialising in electrical engineering in the French-speaking regions of Switzerland. Mérinat SA will retain its current management and continue its activities as an independent company within the Burkhalter Group. Therefore, nothing will change for its 80 members of staff or for its customers.
Until this point, the Burkhalter Group has been represented at a number of locations in French-speaking Switzerland by Sedelec SA in Carouge and Lausanne, Tabelec Force et Commandes SA in Aclens and Grichting & Valterio SA in Sion. With the addition of Mérinat SA, the four companies employ over 500 people collectively. It remains part of the Group's strategy to gain additional market share by selectively acquiring other electrical engineering companies.
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More information: Burkhalter Holding Ltd
Elisabeth Dorigatti, Head of 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.