Tamedia sells parts of Huber & Co.
Tamedia is selling parts of the graphic arts company Huber & Co., which has been part of the Zurich-based publishing house since 2005: The Flawil printing plant is taking over the commercial printing division of Huber PrintPack in Frauenfeld as well as the magazine publishing division of Huber & Co. The St. Gallen-based company K+D is acquiring the packaging printing division of Huber PrintPack. As a result of the sale, approximately 40 full-time positions will be lost at the Huber Group.
Tamedia is selling parts of the Huber & Co. graphic arts company, which has belonged to the Zurich publishing house since 2005, to various companies. The Flawil printing and publishing house in eastern Switzerland is taking over the commercial printing division of Huber PrintPack in Frauenfeld as of November 1, 2007. At the same time, the magazine publishing operations of Huber & Co. will also be transferred to Druckerei Flawil. The St. Gallen-based family business K+D AG will take over the packaging printing division of Huber PrintPack on November 1, 2007. Discussions for further sales are planned. Around 40 full-time jobs will be lost at the Huber Group as a result of the sale. The Flawil printing company, which among other things publishes the daily newspaper Wiler Zeitung, will continue its magazine publishing activities in the newly founded company Huber Print with the existing employees in Frauenfeld. A total of 39 employees and six apprentices will continue to be employed by Druckerei Flawil AG, including around 14 employees at the Frauenfeld site. Excluded from the sale of the magazine publishing business is the TIR TransNews magazine, which will go to the publishing company Welcomedia, as Tamedia announced on Monday. The production of Huber PrintPack's commercial printing division will be transferred to the Flawil site during the fourth quarter of 2007.
The St. Gallen-based family business K+D AG is taking over the packaging printing division of Huber PrintPack on November 1, 2007, and will continue to operate it at the two sites in St. Gallen and Liebefeld near Berne. At the same time, K+D is investing more than seven million Swiss francs in further modernization of the machinery at its headquarters in St. Gallen, according to a statement. It continues to employ 22 people and two apprentices from Huber PrintPack.
The takeover by the two companies Druckerei Flawil and K+D AG is intended to secure the continuation of Huber PrintPack's packaging and commercial printing business in eastern Switzerland and around 80 full-time jobs in the long term, the two companies wrote in a communiqué.
Huber & Co. is also planning to hold talks with possible buyers for the Huber PrintShop business unit in Frauenfeld, which has six employees. At the Huber Group, around 40 full-time positions will be cut in the course of the sale, subject to the employees' statutory participation rights. The company has invited the works committee and the employees of Huber PrintPack AG, as well as representatives of the Comedia and Syna trade unions, to negotiate an appropriate social plan and will support the employees in their job search. The apprentices affected are guaranteed to continue their apprenticeship until they complete their training.
The St. Gallen-based family business K+D AG is taking over the packaging printing division of Huber PrintPack on November 1, 2007, and will continue to operate it at the two sites in St. Gallen and Liebefeld near Berne. At the same time, K+D is investing more than seven million Swiss francs in further modernization of the machinery at its headquarters in St. Gallen, according to a statement. It continues to employ 22 people and two apprentices from Huber PrintPack.
The takeover by the two companies Druckerei Flawil and K+D AG is intended to secure the continuation of Huber PrintPack's packaging and commercial printing business in eastern Switzerland and around 80 full-time jobs in the long term, the two companies wrote in a communiqué.
Huber & Co. is also planning to hold talks with possible buyers for the Huber PrintShop business unit in Frauenfeld, which has six employees. At the Huber Group, around 40 full-time positions will be cut in the course of the sale, subject to the employees' statutory participation rights. The company has invited the works committee and the employees of Huber PrintPack AG, as well as representatives of the Comedia and Syna trade unions, to negotiate an appropriate social plan and will support the employees in their job search. The apprentices affected are guaranteed to continue their apprenticeship until they complete their training.
