Swiss Post acquires remaining shares in DMC Group

Swiss Post will continue to run DMC as an independent company and we will also continue the partnership in the SDM group (Swissdirectmail), according to a statement on Monday. The takeover will have no impact on customers or employees. The acquisition has no immediate impact on the customers and employees of the DMC Group. The parties have agreed not to disclose details of the sale. The acquisition was completed (closing) on January 6 and is retroactive to January 1, 2012.

Swiss Post is fully competitive in the delivery of unaddressed mail and free newspapers, it adds. The acquisition strengthens the company's position in direct marketing and thus in its core business.

Swiss Post has held a 50% stake in Direct Mail Company and Direct Mail Logistics since 1996. Across Switzerland, the DMC Group employs 135 permanent and around 2,500 part-time staff at its sites in Lausanne, Biel, Thun, Zurich, Domat/Ems and Niederbipp.