Wineus successfully advised the shareholders of KERN Tunneltechnik SA on the majority sale to PERI SE
Wineus advised the shareholders of KERN Tunneltechnik SA (“KERN”) on the majority sale of the company to PERI SE (“PERI”), a German-based leading global manufacturer and supplier of formwork and scaffolding systems.
KERN is a leading international high-tech solution provider for the tunnelling and construction industry with headquarters in Lugano, Switzerland, and branches in the United Kingdom, Spain, and Slovenia. The company was founded in 2010 by Mr. Kern. Through a specialised team and continuous research and development, KERN has succeeded in revolutionising the market for formwork and tunnelling machines. In 2017, the WALO Group, a Swiss construction family business, became a strategic investor, playing a crucial role in supporting KERN’s journey to success.
With revenue of approximately EUR 1.8bn in 2022, PERI belongs to the largest manufacturers and suppliers of formwork and scaffolding systems globally. Operating across 70+ countries with approximately 9’100 employees, the family-owned company serves its customers with innovative system equipment and comprehensive services relating to all aspects of formwork and scaffolding technology.
Wineus has acted as the exclusive sell-side advisor to the shareholders of KERN Tunneltechnik SA.