IFBC was mandated by the boards of directors of Burkhalter and Poenina to prepare a Fairness Opinion in accordance with the Merger Act assessing the share exchange ratio of the planned merger between Burkhalter Holding Ltd and poenina holding ltd from a financial point of view.
The Burkhalter Group is the leading provider of electrical engineering services to the construction sector and, with almost 50 Group companies, is represented at more than 100 locations in Switzerland. The Group is headquartered in Zurich and employs more than 3’000 people. Burkhalter Holding AG is listed on the SIX Swiss Exchange and has a market capitalization of approximately CHF 400 million.
Poenina is a leading provider of services in the areas of building technology and building envelopes and is represented by 29 companies at 42 locations in Switzerland and the Principality of Liechtenstein. The headquarters are located in Opfikon (ZH). Poenina employs almost 1’500 people. poenina holding ltd is listed on the SIX Swiss Exchange and has a market capitalization of approximately CHF 280 million.
IFBC was mandated by CKW to revise and further develop the conceptual basis of financial corporate management in order to create uniform principles and guidelines for all business units. Within the scope of workshops with CKW, among other things, a harmonization of the division-specific contribution margin calculations, the methodology for the steering and internal allocation of structural and overhead costs as well as the performance measurement were developed and summarized in a comprehensive core concept.
CKW is the leading energy supplier in central Switzerland with nationwide products and services such as holistic energy solutions, solar systems,
e-mobility and heating technology. The CKW Group employs over 2,100 people.
IFBC supported the company as a financial advisor during the entire financing process, including the development of the financing concept, the negotiations with potential investors and finally the successful closing of the credit facilities and the bond issuance.
As a private group of companies with over 125 years of tradition, WWZ reliably supplies the population and economy in the canton of Zug and surrounding regions with energy, telecommunications, water and e-mobility.
IFBC was mandated by Groupe E to perform a valuation of EW Goms to assess the financial conditions of the planned capital increase. The valuation was performed by applying the sum-of-the-parts approach.
Groupe E is a leading Swiss energy company that offers a wide range of energy products and services in different areas together with the companies in the group.
IFBC was engaged by EnAlpin AG to review the methodological correctness of the profitability tool for assessing investments in the solar and heat contracting business and the assumed cost of capital.
EnAlpin AG, headquartered in Visp, is company with its own power plants and participations. The company is part of the Energiedienst Group (Energiedienst Holding AG) and covers the Swiss market with a focus on the canton of Valais.
IFBC was mandated by Primeo Energie to analyse the financing of its segments and to develop recommendations for the appropriate financing ratios.
Primeo Energie develops energy solutions for private and business clients, utilities, cities, and municipalities. The Group operates along the entire value chain, from production and trading to distribution and sales.
IFBC was engaged as financial advisor by Edisun Power to assist them in the elaboration and evaluation of strategic options for the long-term development of the company – while taking into account the long-term growth and diversification goals.
Edisun Power has been active in the field of solar power production since 1997, and is one of the most successful companies in the Swiss solar energy sector.
IFBC was engaged by Sonova to assess the underlying cost of capital rates as well as the applied model for the valuation of the subsidiaries in the context of STAF in terms of best practice and to confirm the correct implementation. As part of the review, the planning assumptions made had to be checked for plausibility from an external perspective.
The Sonova Group is the world’s leading provider of hearing instruments. The company is listed on the SIX Swiss Exchange.
IFBC supported Repower in optimizing and further developing its existing performance management. The focus was on developing performance management principles for Repower, conducting a detailed gap analysis, and identifying, defining, and prioritizing measures and specific recommendations for action to further develop performance management.
Repower is an internationally active Swiss energy company. The Group is active along the entire electricity value chain, from production and trading to distribution and sales, as well as in the gas business.
IFBC was mandated to develop a FX hedging strategy as well as a FX policy based on a fundamental analysis of direct and indirect FX exposures and the company’s risk-bearing capacity.
Energiedienst is a German-Swiss energy supplier. In addition to the electricity production from hydropower, the company distributes climate-neutral gas and offers various services in the fields of photovoltaics, heat pumps and e-mobility to its clients.
IFBC supported Energie Ausserschwyz AG as exclusive financial advisor and guided the company through the entire financing process. The company signed a loan agreement (amount CHFm 60) with a Swiss bank and raised additional equity from a strategic partner.
With the realisation of the district heating project, which involves the construction of a wood-fired combined heat and power plant, a biogas plant and a district heating network, Energie Ausserschwyz AG will in the future supply the population of the Canton of Schwyz with environmentally friendly heat and electricity. Energie Ausserschwyz AG is thus making a significant contribution to the switch to more ecologically energy sources.
IFBC was engaged as financial advisor with focus on the identification and valuation of services and ancillary services with regard to compliance with the applicable price rules under Swiss takeover law. The results were reported in the form of an expert opinion and reviewed and assessed by the review body of the transaction.
CSA Energy Infrastructure Switzerland is an investment group of Credit Suisse Investment Foundation.