Columna built it, Migros bought it

INVOLI sells real-time low-altitude air-traffic data for drone operations and runs the VistaTrack network of more than 550 receivers across the United States, Europe and Australia. On 29 July the board emptied and Robert Simpson was registered as president on the same date. A whole board replaced in a single filing is a control event: either an investor took the keys or the founders lost them. For anyone tracking European drone-traffic infrastructure, this is the moment the cap table is open.

Founded in 1976 in Wohlen, Tschachtli sells and installs audio and video systems for homes and businesses on a family board, with an estimated CHF 4.2 million of revenue. It is already in liquidation, with a creditor call issued on 23 June under liquidator Emanuel Meier. Eight registered trademarks and fifty years of installed base in Aargau outlive the company. Whoever wants them deals with the liquidator, not with a seller.

A Sugiez specialist founded in 1991 doing karst hydrology, underwater and confined-space work, hyperbaric operations and hydromechanical equipment for dams and ports — capabilities that take a decade to certify and cannot be bought off a shelf. Two consecutive Augusts of board departures against roughly CHF 5.5 million of revenue. Skill sets like this get absorbed by a larger civil-engineering group far more often than they get liquidated.

Bankruptcy published 18 August against CHF 216,000 of share capital. Calciscon, of Biel, turned University of Bern research into the T50 test, which measures how fast calciprotein particles crystallise in blood serum and predicts cardiovascular risk in end-stage kidney patients. Three registered marks — T50-Test, T50 and calciscon — a decade of clinical literature and about ten staff. This is the buyable kind of estate: a validated diagnostic assay with a citation trail behind it, not a services shell.

Bankruptcy published 18 August against CHF 135,000 of share capital and an estimated CHF 5.2 million of revenue. SPDL, of Peseux, builds and services high-frequency spindles, the precision rotating assemblies at the centre of every machine tool in the Jura arc. Our distress model carried it at 62.8 with a bankruptcy warning, a board exodus and an organisational-deficiency filing already on the record before the opening. Between ten and fifty people and a workshop of balancing and grinding equipment sit in this estate, in the one canton where that skill set has natural buyers.

Bankruptcy published 20 August against CHF 187,000 of share capital. GradeSens, of Fribourg, sold non-invasive wireless sensing paired with codeless machine learning for operations and maintenance in logistics and energy — condition monitoring for operators who will not let a vendor cut into their equipment. Nine staff and roughly CHF 1.3 million of revenue. Industrial-IoT companies at this scale die of sales cycles rather than of technology: the pilots convert too slowly to carry a hardware bill of materials.