Successful Deals with PwC: Sale of Duvoisin-Groux group to BKW Energie AG.

Our Corporate Finance team is pleased to announce the sale of Duvoisin-Groux group (“DG group”) to BKW Energie AG (“BKW”). We supported the shareholders of DG group as financial advisor.

DG group is active in project management, construction and maintenance of network infrastructures in the areas of power lines, overhead lines, telecommunication lines, outdoor lighting and traffic signals in the French-speaking part of Switzerland. Founded in 1947, the group has experienced strong growth of in the recent years, going from 100 employees in 2014 to 200 today. DG group is located in Bussigny (Vaud) and Sion (Valais) consisting of four legal entities. In the last years, the company generated sales in the lower double-digit million range.

Already offering similar services with its subsidiary BKW Infra Services, BKW showed interest in the company to expand its footprint in the French-speaking part of Switzerland and enter the growing railway infrastructure market with catenary construction services.