Zug, February 6th, 2025
The purchase contract between EEII AG and LGW Holding SA, owner of René Wuthrich SA., Cornaux (Switzerland) has been cancelled
On February 6th, 2025, the owners of of LGW Holding SA, the parent company of René Wuthrich SA, Cornaux Switzerland (RWSA) informed EEII AG, that they are exercising their right to cancel the sales agreement.
EEII AG regrets that the acquisition could not be accomplished as initially planned. The strategy to position EEII as a leading provider of Energy infrastructure in Switzerland and Europe will not be affected by the delay of a single transaction. EEII remains positive that further acquisition endeavours can be successfully completed in 2025 in conjunction with the integration of Jubin Frères SA.
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).