KANALSERVICE GROUP GAINS MAJORITY SHARE IN SCHNEIDER KANALREINIGUNG
Kanalservice Group has acquired a majority share in Schneider Kanalreinigung AG. The company in Meilen (Switzerland), which was founded by Kurt Schneider in 1974, offers comprehensive services in the areas of sewer cleaning, sewer rehabilitation, sewer inspection, surface cleaning and suction work. The 25-strong team has a fleet of 17 modern special vehicles at its disposal, which are also used for emergency operations such as burst pipes or pipe blockages 24/7.
The Kanalservice Group is a leading and rapidly growing business in the field of underground maintenance in Switzerland and Germany. The group offers its customers services in the areas of sewer cleaning and inspection, sewer rehabilitation, surface cleaning and wastewater pre-treatment – all from a single source.
Sancovia initiated the transaction and advised the buyer throughout the process.