M&A Deal Summary

Peri Acquires Kern

On December 19, 2023, Peri acquired construction company Kern

Acquisition Highlights
  • This is Peri’s 1st transaction in the Construction sector.
  • This is Peri’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2023-12-19
Target Kern
Sector Construction
Buyer(s) Peri
Deal Type Add-on Acquisition
Advisor(s) Wineus (Financial)

Target

Kern

Lugano-Paradiso, Switzerland
Kern provides high-tech solutions for tunneling with continuous research and development. The company provides services from project management, through design, development, and planning, up to the support and effective execution of the secondary lining works. Kern was formed in 2010 and is based in Lugano-Paradiso, Switzerland.

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Buyer(S) 1

Buyer

Peri

Weißenhorn, Germany

Category Company
Sector Building Materials
Revenue 1.8B USD (2022)
DESCRIPTION

Peri is a manufacturer and supplier of formwork and scaffolding systems globally. The company serves its customers with innovative system equipment and comprehensive services relating to all aspects of formwork and scaffolding technology. Peri is based in Weißenhorn, Germany.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Switzerland) 1 of 1
Year (2023) 1 of 1