Burkhalter Group acquires electrical engineering company in Saas-Fee (Canton of Valais)

Burkhalter Holding AG / Key word(s): Takeover Burkhalter Group acquires electrical engineering company in Saas-Fee (Canton of Valais) 26-Jan-2023 / 17:41 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 to acquire Elektro Saas AG in Saas-Fee (Canton of Valais) on 26 January 2023. The company employs around 20 people and generates annual sales of approximately CHF 3 million.

Elektro Saas AG has been a successful player in the regional market since 1995 and primarily offers traditional electrical engineering services. Owner Egon Lehner is now selling the company to Burkhalter Holding Ltd as part of the company's succession plan.

Elektro Saas AG is being merged with the Brig-Glis-based company TZ Stromag, which is already part of the Burkhalter Group, with retroactive effect from 1 January 2023 and will operate as a branch of this organisation under the leadership of Egon Lehner. The Elektro Saas name and all employees will be retained.

Download media release as PDF here

Contact:
Burkhalter Holding Ltd
Elisabeth Dorigatti, Head of Communication, Sustainability and Investor Relations
[phone]
[e-mail] www.burkhalter.ch

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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:	1544875

End of Announcement	EQS News Service

1544875  26-Jan-2023 CET/CEST