Inag-Nievergelt AG joins BKW BKW expands its building technology installation business
14.06.2016 – 07:00
Bern (ots) - The BKW family continues to grow. The traditional Zurich-based company Inag-Nievergelt AG (Inag) is the latest addition to the BKW network of companies in the building technology sector. Inag is one of the leading installation suppliers in the sanitary engineering, heating and plumbing sectors in the greater Zurich area, reporting a turnover of more than CHF 40 million in the last financial year with its around 130 employees. BKW's acquisition of Inag enables the Group to make significant advances in the strategic building technology field.
Inag-Nievergelt AG has sites in Zurich and Wetzikon. It is one of the leading suppliers in the sanitary engineering, heating and plumbing sectors in the greater Zurich area. The company's roots go back to 1954, and the company has grown steadily over the past 20 years. Renato Sturani, member of the BKW Group Executive Board, is delighted to welcome the latest addition to the BKW family. "Inag is a company with exceptionally professional management and has a lean structure. Inag enjoys a close relationship with its customers and has an excellent reputation." Inag's focus on the sanitary and heating business strengthens the existing portfolio offered by building technology firms in the BKW Group and offers customers the opportunity to access integrated solutions from a single source. Inag CEO Marcel Stäubli stresses this point: "We are convinced that this development is a win-win situation for both companies - Inag will become part of the unique BKW network in the Building Technology sector, and BKW can strengthen its business position in Zurich." Inag joins the existing network of building technology companies in the BKW Group, currently comprising 12 firms with over 500 employees. Inag will continue to be managed by its four existing directors, who will ensure continuity and keep a stake in the company. There will be no changes for the around 130 employees.
The BKW Group is an international energy and infrastructure business based in Bern and employs approximately 4,500 people. The diversity of the Group's expertise allows it to offer its customers a full range of tailored services. BKW designs, builds and operates infrastructure to produce and supply energy for businesses, households and the public sector. The BKW Group offers a wide range of services, from building technologies, infrastructure engineering and digital business models for renewable energies to traditional multi-utility infrastructure services.
The registered shares of BKW AG are listed on the SIX Swiss Exchange and the BX Berne eXchange.
Inag-Nievergelt AG is a leading installation firm based in Zurich with a subsidiary in Wetzikon. The company has approximately 130 employees and offers consultancy, installation and service activities in the sanitary engineering, heating and plumbing sectors. The company was established in 1994 through a merger between Inag Installations-Aktiengesellschaft (founded in 1970) and Nievergelt AG (founded in 1954).