Burkhalter Holding AG acquired Bötschi Holding AG.
March 27, 2023
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Burkhalter Holding AG (SWX:BRKN) acquired Bötschi Holding AG on March 28, 2023. The purchase price is to be settled in cash and by way of Burkhalter Holding AG's registered shares. Burkhalter has issued 47,682 registered shares as part of a capital increase intended to finance part of the takeover of the Thurgovian Bötschi Holding. The approximately 65 employees will be retained and the Bötschi's name and management structure will remain unchanged. The transaction includes Bötschi's subsidiaries Bötschi AG Feuer Luft Wasser, Angele AG Feuer Luft Wasser and Perl-Pool AG.
Burkhalter Holding AG (SWX:BRKN) completed the acquisition of Bötschi Holding AG on March 28, 2023.
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.