Burkhalter buys Bötschi Holding
Burkhalter Group has acquired Bötschi Holding. With the takeover, the specialist for building technology wants to grow in the cantons of Thurgau and St.Gallen. For the purchase price, 47,682 registered shares will be created and traded from May.
Burkhalter Group has acquired the building technology company Bötschi Holding. According to a media release from the Zurich-based service provider for heating and cooling, ventilation and air conditioning, sanitary and electrical engineering, the takeover is in pursuit of the expansion of its technology fields of sanitary, heating and ventilation in the cantons of Thurgau and St.Gallen. With the transaction, the subsidiaries Bötschi AG Feuer Luft Wasser, Angele AG Feuer Luft Wasser and Perl-Pool AG also join the Burkhalter Group.
Burkhalter is taking over all 65 employees of the family-owned company based in Mauren and Bronschhofen. Its annual turnover in its core business of plumbing, heating and ventilation amounts to CHF 19 million. The companies will retain their company names and management.
The purchase price will be settled in cash and by means of registered shares of Burkhalter Holding AG. For this purpose, the creation of 47,682 registered shares from authorised capital is planned. They are to be traded from the beginning or middle of May. The seller has undertaken not to sell the registered shares received from the sale for a period of two years.
The service provider for heating and cooling, ventilation and air conditioning, sanitary and electrical engineering employs 4600 people at 150 locations in 80 companies.