Implenia is selling its 66.67% stake in GCM SA to the existing shareholder Walo Bertschinger SA Romandie as well as to Vigier Holding AG and H 2 M Participations SA. GCM SA is a leading concrete manufacturer in the Lausanne region, where it also operates a gravel plant. Walo Bertschinger SA Romandie already owned 33.3% of GCM SA and will continue to hold a minority stake.
The sale agreement was signed end of last week by representatives of all parties. Implenia's operational responsibility ended yesterday with the closing of the transaction. Financial details of the transaction are not being disclosed.
The sale agreement was signed end of last week by representatives of all parties. Implenia's operational responsibility ended yesterday with the closing of the transaction. Financial details of the transaction are not being disclosed.
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