Congrex Switzerland Announces Management Buy-Out

Friday, 22.11.2013
Basel. The Management of Congrex Switzerland together with strong investors have acquired the shares of Congrex Schweiz AG and Congrex Travel AG as well as the Congrex Brand. Congrex Schweiz AG and Congrex Travel AG, former subsidiaries of the Congrex Group, announce the acquisition of both companies through a management buy-out with the support of […]

Basel. The Management of Congrex Switzerland together with strong investors have acquired the shares of Congrex Schweiz AG and Congrex Travel AG as well as the Congrex Brand. Congrex Schweiz AG and Congrex Travel AG, former subsidiaries of the Congrex Group, announce the acquisition of both companies through a management buy-out with the support of experienced local investors. The agreement has been signed this week. The Company will continue to use Congrex in its brand name and will merge the two companies to Congrex Switzerland Ltd before the end of 2013.

Congrex Switzerland is providing consultancy and management services in the areas of association and conference management including accommodation handling and flights. The management team at Congrex Switzerland consists of Sabine Adam, Julia Bicher and Carola Ebert, all as Account Directors, Claudia Jeker as Human Resources Director, Franziska Widmer as Operations Director and Alain Pittet as Managing Director. The 40 staff members are based in its current premises in Basel. Congrex Switzerland is currently developing its new corporate identity and plans to launch its branding early next year.

www.congrex-switzerland.com