Ad-Hoc announcement pursuant to Art. 53 Listing Rules: Purchase Agreement for LGW Holding SA, owner of René Wüthrich SA., Cornaux (Switzerland)
Zug, November 15th, 2024
EEII AG has signed a purchase agreement to acquire the shares of LGW Holding SA, owner of René Wuthrich SA., Cornaux (Switzerland)
On November 15th, 2024, EEII AG signed an agreement to purchase the shares of LGW Holding SA, the parent company of René Wuthrich SA, Cornaux Switzerland (RWSA). RWSA transports combustibles, fuel, air gases such as argon, oxygen or CO2 throughout Switzerland with the utmost respect for safety regulations and the environment. With a fleet of more than 80 specialized trucks, RWSA is an essential distributor for the Swiss economy.
With this intended transaction, EEII AG makes a significant step forward to reposition the company as a leading actor in the energy infrastructure sector. The transaction details will be communicated after finalization of the planned capital increase and the successful integration of Jubin Frères SA. The transaction is expected to be finalized early 2025. This transaction is subject to the closing conditions mentioned on the SPA.
For further information please contact:
Marc Comina, Spokesperson of EEII AG, marc@clpr.ch, +41 79 128 3495).
EEII is listed on the Swiss Exchange (SIX) (Bloomberg: EEII SW Equity).