Merz Group to be integrated into Eberhard Holding
As of 1 April, Eberhard Holding is taking over Merz Gruppe Holding AG with the companies Merz Baustoff AG, Merz Erdbau AG and Merz Logistik AG. The Merz name will be retained in the integration. Eberhard intends to continue investing in the locations.
Merz Gruppe Holding AG, based in Gebenstorf and active in the earthworks, building materials, logistics and recycling business, is to be incorporated into Eberhard Holding in Kloten. According to a media release from both companies, the takeover at Merz was prepared for a long time. Two years ago, the owner family decided to look for a future-oriented succession solution. A preferred partner was found in the family-owned company Eberhard.
The takeover will take place on 1 April 2023 and the Merz name will remain within the Eberhard Group. The 70 employees will continue to be employed. Eberhard is “convinced of the potential of the Merz Group and will continue to invest in the proven locations”, CEO Martin Eberhard is quoted as saying.
The modern site in Kloten offers ideal conditions for the expansion of the circular economy, which is one of Eberhard’s core competencies, the statement said. The plant in Gebenstorf will play an important role in supplying the region with ecologically beneficial building materials.
In Eberhard, Merz has found a new owner who shares the principles and culture of the family business, according to Thomas Merz. The previous owner and chairman of the board of directors will be available to Eberhard Unternehmungen in a new capacity. “The closing of ranks enables a healthy further development of our locations, which is also good news for our employees and customers.”