M&A March 2024

Kanalservice Group acquires the Ersotech AG

The Kanalservice Group has acquired the Ersotech AG, based in Luzern. The company has high levels of expertise in the fields of pipe and sewer maintenance, building drainage renovation, video inspection and leak testing. With 28 qualified employees at five locations in Switzerland, the company serves customers in various sectors, including property management companies, construction companies as well as private residential clients. Founder Ersan Destovic will continue to manage the company, ensuring the continuation of Ersotech's successful business operations.

The Kanalservice Group is a leading and fast-growing full-service provider in the field of underground infrastructure maintenance (UIM, Underground Infrastructure Market) in the DACH region. The group offers its customers innovative solutions in the areas of sewer cleaning, sewer inspection, sewer rehabilitation, surface cleaning as well as vacuuming and disposal - all from a single source. The Kanalservice Group, headquartered in Winterthur, Switzerland, is a holding company and employs over 1,100 motivated professionals at its 49 locations.  

Sancovia initiated the transaction and advised the buyer throughout the entire transaction process.

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