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The AWK Group becomes Eraneos

From 2023 Eraneos will be the only presence of the group brand, which will employ a total of almost 1000 people and will aim for a turnover of just under 200 million francs, as AWK spokesman Yves Kaufmann tells inside-it.ch.

Transfer to a new location at the turn of the year

At the same time as the name change, the company moved from Leutschenbachstrasse in Zurich-Oerlikon to Andreasstrasse in the same quarter. Around 500 employees work for AWK and Eraneos at the Zurich location.

According to Kaufmann, customers have been informed since the summer. A conscious decision has been made in favor of a soft launch and communication to the general public will begin in November with a campaign on social media, explains the spokesperson. The company is currently in phase 2 of the rebranding, where the AWK logo is no longer used in a dominant fashion.

Big injection of money from a German investor

In late September, Eraneos received a liquidity injection from Deutsche Private Equity (DPE), according to the online magazine ‘Consultant career salon‘reported. Investors have created a fund with a volume of 708 million euros to invest in Valantic in addition to Eraneos. “The strong commitment of DPE and its investors is the ideal basis for continuing our development,” said Oliver Vaterlaus, CEO of Eraneos.

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