Valora's press wholesale division interests publishers
According to a report in the SonntagsZeitung, the wholesaler and newsstand operator Valora is to be broken up as the company intends to refocus on the retail business.
As reported by the SonntagsZeitung, the wholesaler and kiosk operator Valora is to be broken up. The new Chairman of the Board of Directors, Fritz Ammann, wants to concentrate on retail again. Parts of the company or the company as a whole are therefore up for discussion. The sale of the Trade division is in the foreground. Valora's business also includes the Retail and Press Wholesale divisions, which deliver newspapers and magazines to points of sale. As there are no synergies between the divisions, the aim here is to create clarity. Behind the scenes, private equity companies and Bertelsmann are also interested in spinning off the distribution of press products from Valora. Preferably in cooperation with other publishers. Ringier, Valora's largest Swiss publishing customer, would prefer to control the distribution of Blick or Schweizer Illustrierte itself, the SonntagsZeitung reports further. The publisher has terminated the distribution contract with Valora in order to negotiate better conditions.
