Focus on core business – Implenia sells Tetrag to swenex

EQS Group-News: Implenia AG / Keyword (s): Strategic decision / business takeover
07/01/2021 / 07:00

The sale of Tetrag to swenex, a global solutions provider for energy control, marks a further step in the realization of Implenia’s strategy of focusing on its core business.

Dietlikon, July 1, 2021 – Implenia will focus in the future on integrated construction and real estate services in Switzerland and Germany. In other markets, it will supply tunnels and associated infrastructure projects. Therefore, Implenia sells areas that are outside of its core business.

Tetrag, a provider of complete energy monitoring solutions with several well-established relationships with large customers, is sold to swenex – Swiss energy exchange Ltd in Kriens. swenex expands its portfolio with the acquisition of Tetrag and simultaneously achieves synergies on the customer side. swenex is hiring Tetrag employees, who will thus benefit from attractive development opportunities. Tetrag will remain a company and will grow in the future as part of a common strategy.

swenex, which does not depend on any utility company, producer or network operator, is one of the leading Swiss providers of global energy management solutions (energy supply, energy data management and billing).

The acquisition was finalized yesterday and swenex is taking operational responsibility for the company with immediate effect.

Media Contact:
Corporate communication, T +41 58 474 74 77, communication@implenia.com

Contact for investors and analysts:
Investor Relations, T +41 58 474 35 04, ir@implenia.com

Dates for investors:
August 17, 2021: Media and analyst conference on half-year results

As the Swiss leader in construction and real estate services, Implenia develops and builds housing, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Founded in 2006, the company can boast about 150 years of construction tradition. The company brings together the know-how of its highly qualified consulting, planning and execution units under the umbrella of an integrated multinational provider of real estate and construction services. Thanks to its wide range of products and the vast experience of its specialists, the Group is able to carry out large, complex projects and support the client throughout the life cycle of a building or structure. It focuses on customer needs and on finding a sustainable balance between business success and social and environmental responsibility. Implenia, headquartered in Opfikon near Zurich, employs more than 8,500 people in Europe and achieved sales of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange ( IMPN, CH0023868554). More information can be found at mplenia.com.

End of press release


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