Burkhalter Holding AG Completed the acquisition of LKE Haustechnik AG.
January 09, 2023
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Burkhalter Holding AG (SWX:BRKN) agreed to acquire LKE Haustechnik AG on January 10, 2023. The consideration will be paid in cash and by way of the buyer's registered shares from authorized capital. Around 42,000 registered shares are to be generated from authorised capital, disregarding the subscription rights of the shareholders. The selling party has agreed not to sell the Burkhalter registered shares received from the sale for a period of two years (lock-up agreement). As a result, the registered shares are subject to a prohibition on disposal. The 23 employees of LKE Haustechnik AG will be retained; the management and company name will remain unchanged. LKE Haustechnik AG generates annual sales of around CHF 7.5 million
Burkhalter Holding AG (SWX:BRKN) Completed the acquisition of LKE Haustechnik AG on January 10, 2023.
Burkhalter Holding AG is a Switzerland-based company engaged in the distribution and installation of electrotechnical and telecommunication engineering systems. It directs its offering at the construction industry. The Company operates through the electric engineering segment, divided into six service areas: Installations, covering the electric installations and systems in residential and commercial properties, as well as industrial plants; Switchboards, providing the development, planning and montage of bespoke switchgears; Services, engaged in the maintenance of the installed systems and installations; Telematics, active in the field of cabling, information technology (IT) networks, client server systems and Voice over Internet Protocol (VoIP) solutions; Automation, which covers the design, planning, programming and implementation of industrial automation processes, and Security, providing security solutions, such as access control, fire protection and video surveillance.