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.
Contact:
Burkhalter Holding Ltd
Elisabeth Dorigatti, Group Head of Sustainability and Investor Relations
+41 44 537 64 32
e.dorigatti@burkhalter.ch 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