Construction trader HGC takes a stake in Urdorf start-up

Urdorf ZH/Zürich, June 2021

The Swiss construction trade cooperative HG Commerciale takes a stake in Cloudworks AG, based in Urdorf. This operates the PropTech start-up umbaumanager.ch, which specializes in the digitization of conversions.

The trading cooperative of the Swiss Builders' Association ( HGC ) participates in Cloudworks AG , based in Urdorf. The company operates the PropTech start-up umbaumanager.ch, which was founded in 2019. The digital platform carries out the entire conversion process in digital form, according to the media release on the partnership. She leads the homeowner through the entire process of the construction project, from the first cost estimate, through the obtaining of offers, the award of contracts and construction management to any defect management.

Umbaumanager.ch has been working with a network of qualified craftsmen and suppliers since the start. The HGC was one of the first partners of umbaumanager.ch and is now participating in the operating company Cloudworks, according to the announcement. "With the network and know-how of HGC as a service provider for everything to do with construction, our platform can be expanded further," the founders of Cloudworks AG and developers of umbaumanager.ch, Faton Mati and Christian Vogt, are quoted as saying:

The HG Commerciale cooperative, founded in 1899, supplies the Swiss construction industry with materials. "We at HGC are further expanding our digital competence with our participation and can thus offer our craft customers a clear added value", Martin Tobler, CEO of HGC, is quoted in the announcement. The HGC has around 800 employees.

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