Ziegler Papier comes into new hands

The Ziegler family has sold Ziegler Papier AG, domiciled in Grellingen BL, to the Kuttler-Frey family. The previous managing directors and delegates of the Board of Directors, Bernhard and Urs Ziegler, will hand over operational management to the two buyers during the first quarter of 2010. However, both will remain active in an advisory capacity. Although an internal family succession plan was an option, it was not implemented, according to a press release issued on Tuesday. The decision was made in favor of the purchasing family, as they are anchored in the region and will continue to run the company with the same strategy. The company will be handed over debt-free and with its earnings situation intact.
Philipp Kuttler-Frey holds a degree in business administration and economics from the University of Basel. The 44-year-old most recently spent eleven years as a member of the executive board of an international company in the chemical manufacturing industry. Isabel Frey Kuttler has a university degree in economics. The 41-year-old worked for 15 years in an international insurance group in Basel, where she was mainly active in Human Resources in line and staff functions.

Ziegler Paper
The Ziegler Paper Group operates as a niche company in paper manufacturing with an output of around 72,000 tons of fine and specialty papers. It has a subsidiary in the USA, but does not produce paper itself. In the 2008 financial year, sales amounted to CHF 127 million (previous year CHF 117 million). The number of employees is 182.