# Burkhalter Gruppe completes acquisition of Riggenbach AG

Burkhalter Gruppe completed the acquisition of Riggenbach AG, a ventilation and climate technology company with locations in Olten, Brugg, and Solothurn, Switzerland. The deal was signed on June 29, 2023, and closed on July 6, 2023. Riggenbach has about 160 employees and annual revenue of around CHF 40 million.

- Type: Acquisition
- Announced: 2023-07-06
- Where: Olten, Brugg, and Solothurn, Switzerland, Switzerland
- Value: $45.0M (40.0M CHF)
- Jobs: 160
- Status: completed
- Products: ventilation systems, climate control technology
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Burkhalter Holding AG](https://endata.com/companies/71291.md) (acquirer)
- [Riggenbach AG](https://endata.com/companies/71292.md) (target)

## Sources

- [de.investing.com](https://de.investing.com/news/economy/eqsadhoc-burkhalter-gruppe-vollzieht-kauf-der-riggenbach-ag-luftungs-und-klimatechnik-deutsch-2423670), 2023-07-06: "Die Burkhalter Gruppe schliesst den Kauf der Riggenbach AG, Lüftungs- und Klimatechnik in Olten (SO) und deren Zweigniederlassungen in Brugg (AG) und Solothurn (SO) ab."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.