Burkhalter Group buys building technology company in Valais

Burkhalter Holding AG / Key word(s): Takeover
Burkhalter Group buys building technology company in Valais

01-Jul-2024 / 17:40 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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The Burkhalter Group is acquiring Kippel Leo + Söhne AG in Susten in the
canton of Valais with effect from 1 July 2024. The company employs around 20
people and generates annual sales of approximately CHF 6 million.

Kippel Leo + Söhne AG has been successfully operating in the regional market
for more than 50 years and offers services in the areas of heating, plumbing
and solar technology. The family of Adolf and Flavian Kippel, which owns the
business, is now selling it to Burkhalter Holding Ltd. Kippel Leo + Söhne AG
is being merged with Lauber IWISA AG, also based in Oberwallis and already
part of the Burkhalter Group, and will operate as a branch of this
organisation with effect from 1 January 2025. All employees will be kept on
and the location will be retained. Both Adolf and Flavian Kippel will
continue to work for the company.

Gaining additional market share through the targeted acquisition of other
building technology companies remains part of the Burkhalter Group's
strategy.

Download media release as PDF here

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


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End of Inside Information

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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:    1937263

End of Announcement EQS News Service
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1937263 01-Jul-2024 CET/CEST