Burkhalter Holding AG acquired Strässle Installationen AG.
January 11, 2023
Share
Burkhalter Holding AG (SWX:BRKN) acquired Strässle Installationen AG on January 12, 2023. The purchase price is to be settled in cash and by way of the Burkhalter Holding AG registered shares from authorized capital. Andreas Schmidt, the current managing director, will remain in his post at the company, which will continue to operate under its existing name. All employees will be retained. For the financial year ended on December 31, 2022 generated annual sales of around CHF 10 million.
Burkhalter Holding AG (SWX:BRKN) completed the acquisition of Strässle Installationen AG on January 12, 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.