At the beginning of this year, Burckhardt’s five managerial shareholders made a two-pronged announcement.
On the one hand, the firm’s stability was ratified through an IPO shareholder agreement renewal. However, the same group also announced a minor but significant decline in its aggregate shareholdings.
Hans Hess, Chairman of the Board of Directors at Burckhardt Compression Holding AG was pleased with the member’s confirmation of commitment. He said, ““We are pleased that the five key individuals centered around Valentin Vogt have confirmed their long-term commitment to Burckhardt Compression by renewing the shareholder agreement.”
“At the same time, it is also understandable that some members of the original management buyout would like to diversify the very high percentage of their personal financial investment in Burckhardt shares,” added Hess.
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