Berlinger Group with strategic realignment
Sale of the temperature monitoring division to the U.S. company Sensitech Inc. Anti-doping business remains in family ownership.
The Berlinger Group, internationally renowned for its anti-doping products and technologically advanced temperature monitoring systems, is realigning itself. Berlinger & Co. AG (temperature monitoring division) will be formally sold to the American Sensitech Inc. (Carrier Global Corporation) in the third quarter of 2024. Berlinger Special AG (anti-doping products), which has been a market leader for several decades, will remain in family ownership. Both divisions will continue to be based at the current production site in Ganterschwil, Canton St. Gallen.
Strategic realignment of the temperature monitoring division (Berlinger & Co. AG)
In September 2023, the Board of Directors of Berlinger & Co. AG decided to strategically reposition the temperature monitoring division. Berlinger & Co. AG has developed one of the world's most advanced platforms for cold chain monitoring of vaccines, pharmaceutical products and clinical trials over the past three years. The platform, known under the brand name "Smart Systems", and the associated temperature monitoring devices are among the most innovative products in the relevant applications.
This global industry requires a worldwide presence and correspondingly flexible solutions in the respective markets. With the sale of the temperature monitoring business to the international market leader Sensitech Inc. (Carrier Global Corporation) from the USA, the Berlinger-Schwyter owner family aims to ensure sustainable growth for its own developments and position its services and products worldwide.
Takeover of Berlinger & Co. AG planned for the third quarter of 2024
The negotiations for the takeover of Berlinger & Co. AG were successfully concluded in June 2024. The formal takeover of the Cold Chain Monitoring business unit (Berlinger & Co. AG, with its subsidiaries Antaris Solutions BV and Berlinger USA LLC) is expected to be completed in the third quarter of 2024. Sensitech Inc., based in Beverly, Massachusetts (USA), is acquiring Berlinger & Co. AG, (Cold Chain Monitoring) together with its approximately 85 employees.
Anti-doping business unit remains in the ownership of the Berlinger-Schwyter family
The Berlinger Special AG business unit's anti-doping products, which have been leading for decades, will remain in the ownership of the Berlinger-Schwyter family. Berlinger Special AG produces anti-doping control containers for human and animal applications under the brand name "BEREG Kits". These are used at almost all major sporting events and preparatory training sessions worldwide. For around ten years now, animals have also increasingly been tested for doping at major events and training sessions. Berlinger Special AG is also a leader in this globally growing segment.
Sustainable business planning
With this important strategic step, the Boards of Directors of the Berlinger companies (Berlinger & Co. AG and Berlinger Special AG) are ensuring that both companies can continue to develop successfully and profitably in different business areas. With its two business units, the Swiss Berlinger Group already operates more than 90 percent in the international market environment. Access to international markets is of crucial importance for the sustainable development of all services provided by the Berlinger Group.
The sale of the temperature monitoring company Berlinger & Co. AG to U.S.-based Sensitech Inc. was deemed by the Board of Directors to be an ideal and future-proof option for the company's own innovations. Sensitech Inc. is a world leader in the field of temperature monitoring systems. The integration of the systems and services developed in Switzerland and the Netherlands into an internationally active group (Carrier Global Corporation) enables continuous further development and a global presence in the respective markets.
The formal takeover of Berlinger & Co. AG (temperature monitoring systems) is expected in the third quarter of 2024. The completion of the transaction will be communicated publicly. The takeover price has been tacitly agreed.
Source: www.berlinger.com
