Burkhalter : purchases Mérinat SA in French-speaking Switzerland

Ad-hoc announcement pursuant to Art. 53 of the LR

Burkhalter Group purchases Mérinat SA in French-speaking Switzerland

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.

Zurich, 1 July 2021

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.

More information:

Burkhalter Holding Ltd

Elisabeth Dorigatti, Head of Communication and Investor Relations [phone]

[e-mail]

www.burkhalter.ch

The Burkhalter Group is the leading provider of electrical engineering services to the construction sector and, with almost 50 Group companies, is represented at more than 100 locations in Switzerland. As at 31 December 2020, it achieved an operating result (EBIT) of CHF 18.7 million, a Group profit of CHF 14.6 million and sales of CHF 497.6 million and employed 3170 employees (FTE, of whom 696 apprentices). The Group is headquartered in Zurich. Burkhalter Holding Ltd is listed on the SIX Swiss Exchange (ticker symbol BRKN, security number 21225580, ISIN CH0212255803).

Electrical engineering begins at the power utility company and includes all the processes that culminate in the management of electrical machines and installations for the end user. As a leading provider of electrical engineering services to the construction sector in Switzerland, we provide a full range of high-quality, precision services: installations, switchboards, servicing and maintenance, telematics, automation and security. In short: we offer 360° Swiss electrotechnics.

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Disclaimer

This media release contains forward-looking statements such as projections, forecasts and estimates. These forward-looking statements are subject to certain risks and uncertainties that could mean that actual results, performance or events differ significantly from those anticipated in this media release. The forward-looking statements in this media release are based on Burkhalter Holding AG's current opinions and assumptions. Also, Burkhalter Holding AG assumes no obligation to update or supplement this media release. This media release does not constitute an advertisement, quotation, recommendation or invitation to purchase shares in any jurisdiction. It is neither an (issue) prospectus in accordance with Art. 35 of the Federal Act on Financial Services or Art. 652a (repealed as of 1 January 2020) of the Swiss Civil Code nor a listing prospectus in accordance with Art. 27 of the listing rules of SIX Swiss Exchange.

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