NZZ takes over Swiss Equity Medien
Effective January 1, 2008, the Neue Zürcher Zeitung will acquire a majority stake in Swiss Equity Medien. In recent years, Swiss Equity Medien has established a platform for Swiss small- and mid-cap stocks as well as private equity and publishes the trade journal Swiss Equity Magazin.
The Neue Zürcher Zeitung is acquiring a majority stake in Swiss Equity Medien as of January 1, 2008. With the acquisition of 75 percent of the media platform specializing in financial information, NZZ intends to further strengthen its offering in the area of business media. In recent years, Swiss Equity Medien has built up a platform for Swiss small and mid-cap stocks and private equity. In addition to the monthly specialist magazine for professional investors, Swiss Equity Magazin, the young media company's products include specialist books, investor conferences and, from January 2008, an online information system for Swiss equities.
With this acquisition, NZZ intends to further strengthen its existing cross-media product portfolio in the area of high-quality business and financial information, according to the press release. Swiss Equity Medien ideally complements this offering. There will be no changes for the company's seven employees, partners or customers. Editor-in-chief of Swiss Equity Magazine and managing director of Swiss Equity Medien will remain Björn Zern after the transaction.
