3decades

MIRA INFORM REPORT

Report No. :	516458
Report Date :	22.06.2018

IDENTIFICATION DETAILS

Name :	BÜCHI LABORTECHNIK AG

Registered Office :	Meierseggstrasse 40, Postfach 9230 Flawil/SG, Switzerland/CH

Country :	Switzerland

Year of establishment :	1939

Com. Reg. No.:	320.3.042.960-7

Legal Form :	Company Limited by Shares

Line of Business :	The company is a provider of technology solutions for laboratory R & D, quality assurance and production. The customer portfolio includes sectors such as pharmaceuticals, chemicals, food & beverage, animal feed, environmental analysis and colleges. Solutions are offered for laboratory, industrial and parallel evaporation, spray drying, melting point determination, preparative chromatography, extraction, distillation and digestion, Dumas and NIR spectroscopy.

No. of Employees :	230

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate risk of default

Status :	Satisfactory

Payment Behaviour :	No Complaints

Litigation :	Clear

NOTES:

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List

Country Name

Previous Rating

(31.12.2017)

Current Rating

(01.04.2018)

Switzerland

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

SWITZERLAND - ECONOMIC OVERVIEW

Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.

The Swiss have brought their economic practices largely into conformity with the EU's to gain access to the Union’s Single Market and enhance the country’s international competitiveness. Some trade protectionism remains, however, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.

The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with economic instability in Russia and other eastern European economies drove up demand for the Swiss franc by investors seeking a safe-haven currency. In January 2015, the SNB abandoned the Swiss franc’s peg to the euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011 through 2017.

In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards.

Source : CIA

Company name

BÜCHI LABORTECHNIK AG

Operating address

Meierseggstrasse 40

Postfach

9230 Flawil/SG

Switzerland/CH

Telephone: +41 71 3946363

+41 71 3946565

Fax: +41 71 3946464

Web site: http://www.buchi.com

E-mail: buchi@buchi.com

WIN No.: CH0000059064

VAT-No.: CHE-102.056.302 MWST

UID-No.: CHE102056302

Profile

Established: 1939

History: 1997: Limited company

1939: Established from Walter Büchi

Line of Business: Measurement and control technology

Industry Division: Manufacturing

Industry-code (NACE): 2651 Manufacture of instruments and appliances for measuring, testing and navigation

Import/Export: Export

Quality certification: ISO 9001 (since 1994)

ISO 9001:2008 (since 2006)

Banks: UBS Ltd

CS Credit Suisse

SGKB St. Galler Kantonalbank

Operational Figures

Coverage: Company

Figures: estimated

Financial year: 2017

Employees: 230

Sales: CHF 60-80 Mio

Activity

The company is a provider of technology solutions for laboratory R & D, quality assurance and production. The customer portfolio includes sectors such as pharmaceuticals, chemicals, food & beverage, animal feed, environmental analysis and colleges. Solutions are offered for laboratory, industrial and parallel evaporation, spray drying, melting point determination, preparative chromatography, extraction, distillation and digestion, Dumas and NIR spectroscopy.

Operations and Branches:

At the address, Meierseggstrasse 40, 9230 Flawil, Switzerland, we find office of the company.

Real Estate

Real Estate: The company owns property.

Company Register

Company No: 320.3.042.960-7

UID-No.: CHE102056302

Legal form: Company Limited by Shares

Registration: 11.07.1997

Legal status: active

Responsible Register: Handelsregister des Kantons St. Gallen

History: Date of Statutes: 12.04.2018

Date of Statutes: 11.06.2015

Date of Incorporation Statutes: 18.06.1997

Entry Deleted Name

11.07.1997 Büchi Labortechnik AG

11.07.1997 Büchi Techniques de Laboratoire SA (Name translated)

11.07.1997 Büchi Laboratory Techniques Ltd (Name translated)

Entry Deleted Legal domicile

11.07.1997 Flawil, Switzerland

Entry Deleted Address

11.07.1997 Meierseggstrasse 40, 9230 Flawil, Switzerland/CH

Entry Deleted Capital

11.07.1997 Share Capital CHF 500,000, paidup CHF 500,000

Entry Deleted Capital Structure

18.04.2018 5,000 Registered shares of CHF 90.--

18.04.2018 5,000 Registered shares (voting shares) of CHF 10.--

25.06.2015 18.04.2018 4,000 Registered shares of CHF 100.--

25.06.2015 18.04.2018 10,000 Registered shares (voting shares) of CHF 10.--

11.07.1997 25.06.2015 5,000 Registered shares of CHF 100.--

Entry Deleted Remarks

23.06.2015 Merger: As per merger agreement date 11.06.2015 did subject matter merge with and absorb Meiersegg AG based, Flawil (CHE-103.589.392).

Official Administration

Title Name

President, Chief Executive Büchi, Dr. Reinhardt

Citizen: Elgg, Switzerland

Residential address: Bäch (Wollerau)/SZ, Switzerland

single signature

Registered since: 11.07.1997

Vice-President Martyr, David

Citizen: United Kingdom

Residential address: Schindellegi (Feusisberg),, Switzerland

without signature

Registered since: 13.07.2016

Director Casas Klett, Tomas

Citizen: Spain

Residential address: St. Gallen, Switzerland

without signature

Registered since: 13.07.2016

Director Grand, Simon

Citizen: Ramosch, Switzerland

Residential address: 8615 Wermatswil (Uster)/ZH, Switzerland

without signature

Registered since: 10.12.2009

Director Sutter, Michèle

Citizen: Wintersingen, Switzerland

Residential address: Zürich, Switzerland

without signature

Registered since: 13.07.2016

Management

Title Name

Member of the management Baumann, Roger

Citizen: Pratteln, Switzerland

Residential address: Unterägeri, Switzerland

joint signature of two

Registered since: 07.11.2017

Member of the management Bircher, Christoph Otto

Citizen: Bern, Switzerland

Residential address: Hinwil, Switzerland

joint signature of two

Registered since: 01.02.2017

Member of the management Iplikci, Vahé

Citizen: France

Residential address: Binz (Maur), Switzerland

joint signature of two

Registered since: 07.11.2017

Member of the management Schuler, Pius

Citizen: Rothenthurm, Switzerland

Residential address: Fehraltorf, Switzerland

joint signature of two

Registered since: 05.02.2013

Member of the management Zwicky, Christian

Citizen: Mollis, Switzerland

Residential address: 8044 Gockhausen/ZH

joint signature of two

Registered since: 10.12.2009

Member of the management, Walter, Christian Martin

Citizen: Meilen, Switzerland

Residential address: Herrliberg, Switzerland

joint signature of two

Registered since: 02.03.2015

Director Füger, Erik

Citizen: Mörschwil, Switzerland

Residential address: Uster, Switzerland

joint signature of two

Registered since: 09.09.2015

External Positions

Title Name

Auditor PricewaterhouseCoopers AG,

Residential address: St. Gallen, Switzerland

Id: CH-320.9.045.078-2

Registered since: 03.07.2001

Executive board

Title Name

Chief Financial Officer Schuler, Pius

Chief Operating Officer Füger, Erik

Chief Marketing Officer Zwicky, Christian

Chief Sales Officer Walter, Christian Martin

Direct owner/-s

Owner: The company is domestic owned.

Class: 50-100%, directly held

Name: Dr. Reinhardt Büchi

City/Country: Bäch/sz, Switzerland/CH

Class: 30-39%, directly held

Name: Büchi Holding AG

City/Country: Flawil/SG, Switzerland/CH

Interest: 33,50% voting right, 80,10% capital interest

Investments

Class: 100%, directly held

Name: BUCHI Corporation

City/Country: Newcastle/Delaware, United States of America/US