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Burkhalter Group buys electrical engineering company in Aargau


Burkhalter Holding AG / Key word(s): Takeover
Burkhalter Group buys electrical engineering company in Aargau

12-Aug-2024 / 17:45 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 is buying Elektro R. Räss AG in Oberentfelden in the canton of Aargau. The company employs around 20 people and generates annual sales of approximately CHF 3.8 million.

Elektro R. Räss AG has been a successful player in the regional market since 1963 and primarily offers traditional electrical engineering services. The current owners, Robert and Anita Räss, are now selling their company to Burkhalter Holding AG.

Elektro R. Räss AG is being merged with the Rothrist-based company Elektro-Bau AG Rothrist, which is already part of the Burkhalter Group, and will operate as a branch of this organisation with effect from 12 August 2024. This new branch of Elektro-Bau AG Rothrist will continue to operate under the name Elektro Räss and under the leadership of Robert Räss. All existing employees will be kept on.

Download media release as PDF here

Contact:
Burkhalter Holding Ltd
Elisabeth Dorigatti, Group Head of Sustainability and Investor Relations
+41 44 537 64 32
[email protected] www.burkhalter.ch



End of Inside Information
Language: English
Company: Burkhalter Holding AG
Hohlstrasse 475
8048 Zürich
Switzerland
Internet: www.burkhalter.ch
ISIN: CH0212255803
Valor: 21225580
Listed: SIX Swiss Exchange
EQS News ID: 1966247

 
End of Announcement EQS News Service

1966247  12-Aug-2024 CET/CEST

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