Arnold AG/BKW Inc.: BKW Group expands water infrastructure business
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Bern (ots)
BKW's subsidiary Arnold AG and the sewage pipe technology company Arpe Holding AG (Arpe) are joining forces. By acquiring Arpe, which specialises in sewer rehabilitation and maintenance, Arnold is expanding its existing fields of business. So in addition to energy, telecoms and transport, it now also operates in the field of water infrastructure. As part of its expansion of multi-utility activities, BKW has also acquired IWAG Ingenieure AG (IWAG), an engineering firm specialising in water, waste water and environmental engineering.
Like power supply, telecoms and transport infrastructures, water supply also requires an extensive and ramified infrastructure that has to be built and maintained. In the field of system and pipe construction, this gives rise to valuable synergies - both in planning, as well as in execution and maintenance. It is therefore a logical next step for Arnold to continually strengthen its water business in addition to its traditional fields of energy, telecommunications and transport. Arnold is taking an important step in this direction by acquiring the company Arpe, based in Buckten (Basel-Landschaft). The sewage pipe technology company employs around 100 people and has generated annual revenues of around CHF 18 million in the past few years. The company mainly operates in German-speaking Switzerland and carries out trenchless rehabilitation of sewage pipes and household connections. Arpe is one of Switzerland's leading providers in this area. The company has also been increasingly active in sewer maintenance and cleaning since 2014. "Being integrated in Arnold's structures will allow us to extend our business to additional fields," says Alex Rösli, CEO of Arpe. Arnold CEO Werner Sturm is also looking forward to the new addition: "Arpe has extensive and in-depth experience in the field of wastewater. By developing this market area, we will be able to offer our customers more integrated solutions." The acquisition will deliver valuable synergies for both companies. BKW's acquisition of IWAG is also part of the expansion of the water infrastructure business. IWAG is an established business based in Zurich. Its field of activity includes sanitary engineering, water engineering for large-scale projects, advice and controlling. IWAG has generated annual revenues of around CHF 2 million over the past few years and employs nine people. These acquisitions are a further step for the BKW Group on its path to becoming one of Switzerland's leading energy and infrastructure service companies. Arpe and IWAG will continue to be managed independently.
Arnold
BKW's subsidiary Arnold AG is a network services company operating throughout Switzerland. It employs around 800 staff with broad-based and in-depth specialist knowledge in the fields of energy, telecoms, transport and water infrastructure. Arnold generates some CHF 170 million in annual revenue, making it one of Switzerland's largest and most important network construction companies. www.arnold.ch
BKW
BKW Inc. is an international energy and infrastructure business headquartered in Bern. Together with its subsidiaries, the company employs more than 4,000 people. The diversity of the company's expertise allows it to offer its customers a full range of tailored services. It plans, builds and operates infrastructure to produce and supply energy for businesses, households and the public sector. BKW's distribution grid, the largest in Switzerland, provides one million people with a reliable supply of power around the clock. www.bkw.ch
The registered shares of BKW Inc. are listed on the SIX Swiss Exchange and the BX Berne eXchange.
This media release is issued in German, French, English and Italian. The German version is authoritative.
Contact:
Sabrina Schellenberg
+41 58 477 51 07
media@bkw.ch
