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Burkhalter Holding AG, CH0212255803

Burkhalter Holding AG, CH0212255803

01.07.2021 - 17:46:41

EQS-Adhoc: Burkhalter Group purchases M?rinat SA in French-speaking Switzerland

M?rinat 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 M?rinat SA in Vevey (Vaud), the Burkhalter Group is gaining a business specialising in electrical engineering in the French-speaking regions of Switzerland. M?rinat 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 M?rinat 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.

Download media release as PDF here

More information:Burkhalter Holding Ltd Elisabeth Dorigatti, Head of Communication?and Investor Relations +41 44 439 36 33e.dorigatti@burkhalter.chwww.burkhalter.ch

End of ad hoc announcement Language: English Company: Burkhalter Holding AG Hohlstrasse 475 8048 Z?rich

Switzerland Internet: www.burkhalter.ch ISIN: CH0212255803 Valor: 21225580 Listed: SIX Swiss Exchange EQS News ID: 1214581 ? End of Announcement EQS Group News Service

1214581??01-Jul-2021?CET/CEST

@ dgap.de