Tamedia and NZZ transfer early delivery to Swiss Post

Tamedia and the NZZ Group are planning to transfer the early delivery of newspapers and magazines to Swiss Post. The three parties signed a letter of intent to this effect on September 26, 2008. At the same time, Swiss Post intends to sell a majority stake in the internet portal Search.ch to Tamedia.

Tamedia and the NZZ Group are planning to transfer the early delivery of newspapers and magazines to Swiss Post. The three parties signed a letter of intent to this effect on September 26, 2008. This was announced by Swiss Post in a communiqué on Thursday. At the same time, Swiss Post intends to sell a majority stake in the Internet portal Search.ch to Tamedia. With this step, the three companies want to concentrate more on their core area in future.
The NZZ Group and Tamedia are transferring their shareholdings in Zuvo Zustell- und Vertriebsorganisation AG (50 percent each) and their shares in Presse Vertriebs GmbH (50 percent) to a subsidiary of Swiss Post. The NZZ Group is also transferring the remaining shares in Presse Vertriebs GmbH and the early delivery operations of DZO Druck Oetwil am See AG to this company, while Tamedia is transferring the Sunday and daily delivery operations of Espace Media Groupe. The Bern-based contract delivery organization Bevo, in which Swiss Post and Tamedia each previously held a 50 percent stake, and the Swiss Post subsidiary Prevag will also be merged into the new delivery company. Swiss Post will hold 75 percent and the NZZ Group and Tamedia 12.5 percent each.
The new company will have around 6,000 employees, as Richard Pfister, media spokesman for Swiss Post, told SDA on request. The second step after the merger will be to "reduce duplication". This could lead to job cuts, but it is still too early to provide more concrete details.
In a communiqué, the communications union sees the further bundling in the as a step in the right direction. This will prevent competition from being carried out unilaterally at the expense of employees, in particular by worsening employment conditions. A progressive collective employment contract is now required.
At the same time as the consolidation of early delivery, Tamedia is taking over 75 percent of Räber Information Management GmbH, which operates the online portal Search.ch, from Swiss Post. Founded in 1995, the portal reaches 2,512,000 unique clients in Switzerland (Wemf Net-Audit August 2008), making it the second most visited website in the country. The Internet platform currently employs 37 people. Although the Internet portal has "developed well" since the takeover by Swiss Post in 2004, the planned synergies with Swiss Post's core business could only be realized to a limited extent, the yellow giant writes in its press release. However, Swiss Post will retain a 25 percent stake in Search.ch. The operational management of the website will remain with the current management.

More articles on the topic