Takeover secures jobs and orders in Freiburg
Burkhalter Holding AG is taking over the employees and business of Etablissements Techniques Fragnière (ETF). Two new companies founded by the Zurich-based building technology specialist will continue ETF's activities in Bulle and Givisiez FR.
Burkhalter is stepping into the breach at Etablissements Techniques Fragnière SA, based in Bulle, which has run into financial difficulties. The Zurich-based building technology specialist will take over the business and employees at ETF’s sites in Bulle and Givisiez, Burkhalter announced in a press release. Specifically, 117 employees, including 32 apprentices, will be taken on under the same conditions that apply to them at ETF. Burkhalter intends to use them to fulfil the majority of ETF’s orders at the two Fribourg sites.
Burkhalter has founded the two companies Bul Elec SA and Fri Elec SA for the takeover. They are intended to strengthen the building technology company’s presence in the canton of Fribourg. In addition, Burkhalter is “now in a position to offer its customers in the canton of Fribourg the entire portfolio of electrical engineering services”, according to the press release. Laurent Murith and Frédéric Bourguet will take over the management of the new companies. Both were previously branch managers at the respective ETF locations.