Scheidt & Bachmann acquires majority stake of Schenk Systeme AG

The purchase is part of the German-based company’s strategy to develop its parking business division throughout Switzerland.

Scheidt & Bachmann has announced a majority stake acquisition of Schenk Systeme AG, a technology provider for fuel retailers of the Switzerland market.

Schenk has been operating for over 50 years and became one of Europe’s first suppliers of fuel station automation. The relationship between the two companies started back in 2008 and it has been growing since then.

With the aim to expand its presence in the Swiss market, Scheidt & Bachmann initially invested in Schenk Systeme as a minority shareholder in 2009. This shareholding has substantially increased since 2014, when the German-based company started developing its parking business division throughout Switzerland.

Today, Scheidt & Bachmann stands as the market leader in the Swiss fuel retail sector as well as an important parking system provider in the country. The majority acquisition has been made to future-proof its development, underlining the firm’s commitment to developing innovative and modern system solutions for the Swiss market.

The company focuses on enabling innovation and mobility-oriented customer journeys with the help of its cloud-based systems. Scheidt & Bachmann end-to-end solutions serve the multi-energy, multi-services and multi-mobility sectors. In this way, the firm supports service stations as future mobility hubs and charging parks in meeting the challenges of digitalisation, legal requirements and decarbonisation.