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EQS-News: Implenia AG / Key word(s): Disposal/Investment
Implenia is selling its stake in Gravière de la Claie-aux-Moines (GCM) SA. This is the latest move in Implenia's effort to focus on its defined core portfolio and implement an asset-light strategy.
Glattpark (Opfikon), 23 December 2021 - Implenia is selling its 66.67% stake in GCM SA to the existing shareholder Walo Bertschinger SA Romandie as well as to Vigier Holding AG and H 2 M Participations SA. GCM SA is a leading concrete manufacturer in the Lausanne region, where it also operates a gravel plant. Walo Bertschinger SA Romandie already owned 33.3% of GCM SA and will continue to hold a minority stake.
The sale agreement was signed end of last week by representatives of all parties. Implenia's operational responsibility ended yesterday with the closing of the transaction. Financial details of the transaction are not being disclosed. The transaction has no impact on GCM SA employees.
Implenia is selling its stake in GCM SA to appropriate owners in order to focus more on its defined core portfolio and advance its asset-light strategy. The Group is concentrating on integrated construction and real estate services in Switzerland and Germany, as well as on tunnelling and related infrastructure projects in other markets.
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As Switzerland's leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multinational construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Opfikon near Zurich, employs more than 8,500 people in Europe and posted revenue of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.
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