Merger strengthens building materials testing and measurement technology
TIC Holding Schweiz from Baar, which is managed by Winterberg Advisory GmbH, has taken over TransGeo AG. The building materials testing laboratory from Muri near Bern is to operate as an independent company under the umbrella of TIC.
TransGeo AG will in future carry out its building material tests under the umbrella of TIC Holding Schweiz AG. The company from Muri near Bern has been taken over by the Baar-based group of companies with retroactive effect from 1 January, TIC Holding Schweiz AG announced in a press release. The Baar-based group is managed by Winterberg Advisory GmbH.
“With TransGeo, we have found a perfect addition to TIC Holding Schweiz AG in the field of building materials testing,” Fabian Kröher is quoted as saying in the press release. The Chairman of the Board of Directors of TIC Holding Schweiz and partner at Winterberg will also take over as Chairman of the Board of Directors of TransGeo as part of the transaction. The new acquisition has “an excellent reputation and is valued not only for its accredited inspections, but also for its expert advice on geological problems and has very strong customer relationships,” said Kröher.
Winterberg intends to further expand its business with accredited testing and calibration services for construction and infrastructure as well as measurement technology and materials testing. To this end, the company is already conducting takeover negotiations with other companies, according to the press release. The newly acquired TransGeo AG will continue its activities as an independent company under the umbrella of TIC Holding Schweiz AG. The change will not result in any changes for customers or partner companies.