# PERI acquires majority stake in KERN Tunneltechnik

PERI SE acquired a majority stake in KERN Tunneltechnik SA, a provider of secondary lining solutions for tunnelling projects based in Lugano, Switzerland.

- Type: Acquisition
- Announced: 2023-12-11
- Where: Lugano, Switzerland
- Status: completed
- Products: tunnelling formwork solutions, secondary lining solutions
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Peri Corp.](https://endata.com/companies/65889.md) (acquirer)
- [KERN Tunneltechnik SA](https://endata.com/companies/74349.md) (target)

## Sources

- [peri.com](https://www.peri.com/en/company/press-releases/peri-acquires-majority-stake-in-kern-tunneltechnik-sa.html), 2023-12-11: "PERI SE acquired a majority stake in KERN Tunneltechnik SA."

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