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Grisoni-zaugg S.a.

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Namestring
Grisoni-zaugg S.a.
Legal namestring
Grisoni-Zaugg SA
Company typeenum
Private
Founded yearint
1946
Descriptiontext

Groupe Grisoni (legally Grisoni-Zaugg SA) is a privately held Swiss construction group founded in 1946 and headquartered in Vuadens, Fribourg canton. Operating primarily in French-speaking Western Switzerland (Romandy), the group delivers a broad portfolio of construction services spanning civil engineering, building construction, special works, geothermal and hydrogeological drilling, demolition and asbestos abatement, railway infrastructure, wood construction, and turnkey general contracting. Its customer base is split between public-sector clients (municipalities, cantons, federal entities such as CFF Immobilier, Armasuisse, HUG, and the cities of Bulle, Vevey, and Sainte-Croix) and large private enterprises (Nestlé, Rolex, AXA Switzerland, Coop, Nash Hotels, Mobilière Asset Management, Groupe Gruyère Energie).

The group executes work through seven wholly-owned specialized subsidiaries — ISR Injectobohr SA (foundation engineering and secant piling), Fracheboud SA (controlled demolition and asbestos removal), Augsburger Géothermie SA (medium-depth geothermal drilling up to 800m), Dougoud Construction Bois SA and Lanthmann Constructions Bois Sàrl (wood construction and timber framing), and Casella Travaux Acrobatiques Sàrl (acrobatic/special-access works) — plus a partial acquisition of Maurice Moura & Fils SA (material recycling, October 2024). This subsidiary architecture enables the group to self-perform specialized trades in-house on consortium projects, supporting credentials such as Minergie-P, Bois Suisse, and the 2024 Prix Lignum Bronze won for the Passerelle des Buissons pedestrian bridge.

Revenue is generated through project-based professional services contracts, won primarily via competitive public-sector tendering and direct private negotiation. Pricing is project-specific and not publicly disclosed; commercial moat rests on regional reputation, multi-trade in-house capability, and demonstrated execution on complex urban and infrastructure projects across Vaud, Fribourg, Geneva, Neuchâtel, and Valais. Headcount is reported in the 1,001–5,000 range; revenue figures are not publicly disclosed. The group is led by Directeur général Louis Risse, and ownership appears to be private/family-controlled with no external investor or public-market disclosures in the source material.

Short descriptiontext

Groupe Grisoni is a privately held Swiss multi-trade construction group headquartered in Vuadens, delivering civil engineering, building, geothermal, demolition, railway, and wood-construction services across Western Switzerland for public-sector and enterprise clients through seven specialized subsidiaries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersVuadens, Switzerland
HQ citystring
Vuadens
HQ countrystring
Switzerland
HQ regionstring
Europe
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
civil engineering services, construction contracting, geothermal drilling, demolition services, railway construction
NAICS code1 code
  • Management of Companies and Enterprises551
SIC code2 codes
  • General Bldg Contractors - Nonresidential Bldgs1540
  • Construction - Special Trade Contractors1700
Product category
Construction Services
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Construction Project Revenue
TypeProfessional Services
Description

Revenue generated through construction projects including civil engineering works, building construction, infrastructure projects, and specialized construction services. Projects range from municipal infrastructure to commercial buildings to residential complexes.

groupe-grisoni.ch
2General Contracting
TypeProfessional Services
Description

Enterprise générale (general contractor) services managing complete construction projects from concept to completion, coordinating multiple specialized trades and subcontractors.

groupe-grisoni.ch
3Specialized Construction Services
TypeProfessional Services
Description

Specialized subsidiary services including drilling, demolition, wood construction, and geothermal installation provided as standalone services or integrated into larger projects.

groupe-grisoni.ch
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Marketing or Sales, Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Grisoni-Zaugg S.A. (operating as Groupe Grisoni) is a Swiss construction group delivering civil engineering, building construction, special foundation works, railway infrastructure, geothermal drilling, demolition and asbestos removal, and wood construction services. The group operates through multiple wholly-owned subsidiaries (ISR Injectobohr, Fracheboud, Augsburger Géothermie, Lanthmann, Dougoud Construction Bois, Casella Travaux Acrobatiques) that provide specialized capabilities, while Grisoni-Zaugg SA serves as the general contractor delivering turnkey projects.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Projects completed across Vaud, Fribourg, Geneva, Neuchâtel, and Valais demonstrating geographic reach
+2 more records
Product overview1 text field

Groupe Grisoni is a major Romand construction group offering a comprehensive portfolio of construction services through multiple specialized divisions. The company operates as a unified platform providing civil engineering, building construction, special works, deconstruction and asbestos removal, railway works, wood construction, general contracting, and geothermy/hydrogeology services. The group is organized around several wholly-owned subsidiaries including ISR Injectobohr SA (special foundations/drilling), Dougoud Construction Bois SA (carpentry/wood construction), Lanthmann Constructions Bois SA (large-scale wood construction), Augsburger Géothermie SA (geothermal drilling), Fracheboud SA (demolition/asbestos), and Casella Travaux Acrobatiques (special access works). These subsidiaries operate under the unified Groupe Grisoni brand while maintaining specialized expertise across different construction domains.

Product and service1 record
1Génie civil (Civil Engineering)
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
1Perret-Gentil SA
Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-01-01
Description

Partner in Covatannaz Gorge pathway project, with collaboration on acrobatic construction works.

groupe-grisoni.ch
2Groupe E SA
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Project owner and partner for PLACAD district cooling network project at Fribourg, involving Sarine river crossing for district energy infrastructure.

groupe-grisoni.ch
3Eau de Fribourg SA
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

Joint project owner for PLACAD district cooling network at Maigrauge, with Groupe Grisoni executing the district cooling distribution network construction.

groupe-grisoni.ch
4RBCH Architecture
Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2024-01-01
Description

Architecture partnership for Prix Lignum-winning Passerelle des Buissons wood pedestrian bridge project.

groupe-grisoni.ch
5Groupe Gruyère Energie
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

Partnership for cogeneration plant construction at Panney, Vuadens, contributing to wood waste energy production and carbon footprint reduction for regional energy supply.

groupe-grisoni.ch
6HRS St-Sulpice
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Consortium partner for Coop commercial center construction at St-Légier, with Grisoni handling excavation and rough construction while ISR performed special works.

groupe-grisoni.ch
7Armasuisse
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2020-01-01
Description

Partnership for air base infrastructure improvement works at Payerne, including runway extension and taxiway projects for 24/7 police aviation capability.

groupe-grisoni.ch
8Latitude 46°2
Strategic tierMinorTypeImplementation/ SI/ Consulting PartnerAnnounced on2020-01-01
Description

Architecture firm partnership for Nash hotel complex at Geneva Airport, with Groupe Grisoni as general contractor.

groupe-grisoni.ch
9Nestlé
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2015-01-01
Description

Construction of Nespresso Romont production center, one of three Nestlé production facilities in Switzerland, completed as part of a construction consortium.

groupe-grisoni.ch
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Zindel United AG
TypeEmerging player
Description

Swiss construction group with sub-divisions in building, civil engineering, and specialized works. Comparable as a multi-subsidiary Swiss contractor with regional concentration in Eastern Switzerland.

2Implenia AG
TypeDirect peer
Description

Switzerland's largest construction and real estate services group, active in civil engineering, building construction, and special works. Directly comparable as a multi-specialty Swiss general contractor with both public and private sector clients.

3Marti Group (Marti Holding AG)
TypeDirect peer
Description

Privately held Swiss construction group covering civil engineering, building construction, special foundations, tunneling, and demolition. Highly comparable in structure (multi-subsidiary, family-owned, regional leadership) to Groupe Grisoni.

4Steiner AG
TypeDirect peer
Description

Swiss general contractor with strong presence in building construction and real estate development, including turnkey (Entreprise générale) projects. Comparable to Grisoni-Zaugg's general contracting arm and complementary commercial/industrial focus.

5Walo Bertschinger AG
TypeDirect peer
Description

Historically Swiss construction group with national reach across civil engineering, road construction, and building construction. Directly comparable in scope of services and Swiss public sector client base.

6Frutiger AG
TypeDirect peer
Description

Swiss construction group covering civil engineering, building construction, and infrastructure projects. Comparable as a regional multi-specialty contractor serving both public and private clients in Switzerland.

7Burckhardt+Partner AG
TypeDirect peer
Description

Swiss construction company with civil engineering, building, and infrastructure capabilities, including turnkey projects. Comparable to Grisoni as a Swiss general contractor with both public and private sector engagements.

8Carl und Kaspar Wirz AG
TypeDirect peer
Description

Swiss general contractor with civil engineering, building construction, and special works divisions. Comparable in service profile and Swiss regional orientation to Groupe Grisoni.

9PORR AG
TypeBroad incumbent
Description

Austrian-based full-service construction group with significant Swiss operations through its Stump-BTE subsidiary. Comparable at the service portfolio level (civil, building, special works) but operates at much larger international scale.

10Holcim Ltd
TypeOthers
Description

Swiss-headquartered global building materials and aggregates supplier. Indirectly comparable as part of the Swiss construction ecosystem and a potential materials supplier/partner for Grisoni's projects, particularly in concrete and recycling.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers14 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Grisoni-zaugg S.a.

Construction Servicesgroupe-grisoni.ch

Groupe Grisoni is a privately held Swiss multi-trade construction group headquartered in Vuadens, delivering civil engineering, building, geothermal, demolition, railway, and wood-construction services across Western Switzerland for public-sector and enterprise clients through seven specialized subsidiaries.

What Grisoni-zaugg S.a. does

Groupe Grisoni (legally Grisoni-Zaugg SA) is a privately held Swiss construction group founded in 1946 and headquartered in Vuadens, Fribourg canton. Operating primarily in French-speaking Western Switzerland (Romandy), the group delivers a broad portfolio of construction services spanning civil engineering, building construction, special works, geothermal and hydrogeological drilling, demolition and asbestos abatement, railway infrastructure, wood construction, and turnkey general contracting. Its customer base is split between public-sector clients (municipalities, cantons, federal entities such as CFF Immobilier, Armasuisse, HUG, and the cities of Bulle, Vevey, and Sainte-Croix) and large private enterprises (Nestlé, Rolex, AXA Switzerland, Coop, Nash Hotels, Mobilière Asset Management, Groupe Gruyère Energie).

The group executes work through seven wholly-owned specialized subsidiaries — ISR Injectobohr SA (foundation engineering and secant piling), Fracheboud SA (controlled demolition and asbestos removal), Augsburger Géothermie SA (medium-depth geothermal drilling up to 800m), Dougoud Construction Bois SA and Lanthmann Constructions Bois Sàrl (wood construction and timber framing), and Casella Travaux Acrobatiques Sàrl (acrobatic/special-access works) — plus a partial acquisition of Maurice Moura & Fils SA (material recycling, October 2024). This subsidiary architecture enables the group to self-perform specialized trades in-house on consortium projects, supporting credentials such as Minergie-P, Bois Suisse, and the 2024 Prix Lignum Bronze won for the Passerelle des Buissons pedestrian bridge.

Revenue is generated through project-based professional services contracts, won primarily via competitive public-sector tendering and direct private negotiation. Pricing is project-specific and not publicly disclosed; commercial moat rests on regional reputation, multi-trade in-house capability, and demonstrated execution on complex urban and infrastructure projects across Vaud, Fribourg, Geneva, Neuchâtel, and Valais. Headcount is reported in the 1,001–5,000 range; revenue figures are not publicly disclosed. The group is led by Directeur général Louis Risse, and ownership appears to be private/family-controlled with no external investor or public-market disclosures in the source material.

Grisoni-zaugg S.a. firmographics

Firmographics
Name
Grisoni-zaugg S.a.
Legal name
Grisoni-Zaugg SA
Website
https://www.groupe-grisoni.ch
Company type
Private
Founded year
1946
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Groupe Grisoni is a privately held Swiss multi-trade construction group headquartered in Vuadens, delivering civil engineering, building, geothermal, demolition, railway, and wood-construction services across Western Switzerland for public-sector and enterprise clients through seven specialized subsidiaries.
Ownership category
akta.pro rank

Where Grisoni-zaugg S.a. is headquartered

Location

Headquarters

HQ city
Vuadens
HQ country
Switzerland
HQ region
Europe

Offices6 records

Markets served

Grisoni-zaugg S.a. business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Marketing or Sales, Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

  1. Construction Project Revenue: Revenue generated through construction projects including civil engineering works, building construction, infrastructure projects, and specialized construction services. Projects range from municipal infrastructure to commercial buildings to residential complexes.
  2. General Contracting: Enterprise générale (general contractor) services managing complete construction projects from concept to completion, coordinating multiple specialized trades and subcontractors.
  3. Specialized Construction Services: Specialized subsidiary services including drilling, demolition, wood construction, and geothermal installation provided as standalone services or integrated into larger projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Grisoni-zaugg S.a. product offering

Product offering

Core offering

Grisoni-Zaugg S.A. (operating as Groupe Grisoni) is a Swiss construction group delivering civil engineering, building construction, special foundation works, railway infrastructure, geothermal drilling, demolition and asbestos removal, and wood construction services. The group operates through multiple wholly-owned subsidiaries (ISR Injectobohr, Fracheboud, Augsburger Géothermie, Lanthmann, Dougoud Construction Bois, Casella Travaux Acrobatiques) that provide specialized capabilities, while Grisoni-Zaugg SA serves as the general contractor delivering turnkey projects.

Product overview

Groupe Grisoni is a major Romand construction group offering a comprehensive portfolio of construction services through multiple specialized divisions. The company operates as a unified platform providing civil engineering, building construction, special works, deconstruction and asbestos removal, railway works, wood construction, general contracting, and geothermy/hydrogeology services. The group is organized around several wholly-owned subsidiaries including ISR Injectobohr SA (special foundations/drilling), Dougoud Construction Bois SA (carpentry/wood construction), Lanthmann Constructions Bois SA (large-scale wood construction), Augsburger Géothermie SA (geothermal drilling), Fracheboud SA (demolition/asbestos), and Casella Travaux Acrobatiques (special access works). These subsidiaries operate under the unified Groupe Grisoni brand while maintaining specialized expertise across different construction domains.

Differentiator

Problem solved

Functional benefit

Products and services

  • Génie civil (Civil Engineering)

Quantifiable outcome

  • Projects completed across Vaud, Fribourg, Geneva, Neuchâtel, and Valais demonstrating geographic reach
  • +2 more outcomes

Companies that use Grisoni-zaugg S.a.

Customer profile

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Grisoni-zaugg S.a. technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Grisoni-zaugg S.a. partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered minor and major.

  • Perret-Gentil SAminorImplementation/ SI/ Consulting Partner · 1 January 2026Partner in Covatannaz Gorge pathway project, with collaboration on acrobatic construction works.
  • Groupe E SAmajorStrategic or Co-development Partner · 1 January 2026Project owner and partner for PLACAD district cooling network project at Fribourg, involving Sarine river crossing for district energy infrastructure.
  • Eau de Fribourg SAmajorStrategic or Co-development Partner · 1 January 2026Joint project owner for PLACAD district cooling network at Maigrauge, with Groupe Grisoni executing the district cooling distribution network construction.
  • RBCH ArchitectureminorImplementation/ SI/ Consulting Partner · 1 January 2024Architecture partnership for Prix Lignum-winning Passerelle des Buissons wood pedestrian bridge project.
  • Groupe Gruyère EnergiemajorStrategic or Co-development Partner · 1 January 2023Partnership for cogeneration plant construction at Panney, Vuadens, contributing to wood waste energy production and carbon footprint reduction for regional energy supply.
  • HRS St-SulpicemajorStrategic or Co-development Partner · 1 January 2021Consortium partner for Coop commercial center construction at St-Légier, with Grisoni handling excavation and rough construction while ISR performed special works.
  • ArmasuissemajorStrategic or Co-development Partner · 1 January 2020Partnership for air base infrastructure improvement works at Payerne, including runway extension and taxiway projects for 24/7 police aviation capability.
  • Latitude 46°2minorImplementation/ SI/ Consulting Partner · 1 January 2020Architecture firm partnership for Nash hotel complex at Geneva Airport, with Groupe Grisoni as general contractor.
  • NestlémajorStrategic or Co-development Partner · 1 January 2015Construction of Nespresso Romont production center, one of three Nestlé production facilities in Switzerland, completed as part of a construction consortium.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Grisoni-zaugg S.a. competitors and assessment

Company assessment

Emerging players

  • Zindel United AG: Swiss construction group with sub-divisions in building, civil engineering, and specialized works. Comparable as a multi-subsidiary Swiss contractor with regional concentration in Eastern Switzerland.

Direct peers

  • Implenia AG: Switzerland's largest construction and real estate services group, active in civil engineering, building construction, and special works. Directly comparable as a multi-specialty Swiss general contractor with both public and private sector clients.
  • Marti Group (Marti Holding AG): Privately held Swiss construction group covering civil engineering, building construction, special foundations, tunneling, and demolition. Highly comparable in structure (multi-subsidiary, family-owned, regional leadership) to Groupe Grisoni.
  • Steiner AG: Swiss general contractor with strong presence in building construction and real estate development, including turnkey (Entreprise générale) projects. Comparable to Grisoni-Zaugg's general contracting arm and complementary commercial/industrial focus.
  • Walo Bertschinger AG: Historically Swiss construction group with national reach across civil engineering, road construction, and building construction. Directly comparable in scope of services and Swiss public sector client base.
  • Frutiger AG: Swiss construction group covering civil engineering, building construction, and infrastructure projects. Comparable as a regional multi-specialty contractor serving both public and private clients in Switzerland.
  • Burckhardt+Partner AG: Swiss construction company with civil engineering, building, and infrastructure capabilities, including turnkey projects. Comparable to Grisoni as a Swiss general contractor with both public and private sector engagements.
  • Carl und Kaspar Wirz AG: Swiss general contractor with civil engineering, building construction, and special works divisions. Comparable in service profile and Swiss regional orientation to Groupe Grisoni.

Broad incumbents

  • PORR AG: Austrian-based full-service construction group with significant Swiss operations through its Stump-BTE subsidiary. Comparable at the service portfolio level (civil, building, special works) but operates at much larger international scale.

Others

  • Holcim Ltd: Swiss-headquartered global building materials and aggregates supplier. Indirectly comparable as part of the Swiss construction ecosystem and a potential materials supplier/partner for Grisoni's projects, particularly in concrete and recycling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Grisoni-zaugg S.a. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Grisoni-zaugg S.a. leadership team

Management profile

Number of profiles

Profiles1 record

Grisoni-zaugg S.a. subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

Grisoni-zaugg S.a. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Grisoni-zaugg S.a. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grisoni-zaugg S.a.

What does Grisoni-zaugg S.a. do?

Grisoni-Zaugg S.A. (operating as Groupe Grisoni) is a Swiss construction group delivering civil engineering, building construction, special foundation works, railway infrastructure, geothermal drilling, demolition and asbestos removal, and wood construction services. The group operates through multiple wholly-owned subsidiaries (ISR Injectobohr, Fracheboud, Augsburger Géothermie, Lanthmann, Dougoud Construction Bois, Casella Travaux Acrobatiques) that provide specialized capabilities, while Grisoni-Zaugg SA serves as the general contractor delivering turnkey projects.

Is Grisoni-zaugg S.a. a public or private company?

Grisoni-zaugg S.a. is a private company. It is classified as unknown and is currently operating.

When was Grisoni-zaugg S.a. founded?

Grisoni-zaugg S.a. was founded in 1946. It employs 1,001 to 5,000 people.

Where is Grisoni-zaugg S.a. based?

Grisoni-zaugg S.a. is headquartered in Vuadens, Switzerland, in the Europe region.

How does Grisoni-zaugg S.a. make money?

Three revenue lines are on record. Construction Project Revenue is the primary driver. The others are general Contracting and specialized Construction Services.

Who are Grisoni-zaugg S.a.'s main competitors?

Zindel United AG is listed as an emerging player. Direct peers are Implenia AG, Marti Group (Marti Holding AG), Steiner AG, Walo Bertschinger AG, Frutiger AG, Burckhardt+Partner AG and Carl und Kaspar Wirz AG. PORR AG is listed as a broad incumbent. Holcim Ltd is listed as an others.

Does Grisoni-zaugg S.a. have an API?

No public API is recorded for Grisoni-zaugg S.a..

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