AGEN Group swallows two magazines
To further develop its publishing division, AGEN Holding is focusing on two women’s magazines. With the launch of *Profil Femme* and its investment in *XXS*, the group is expanding its media portfolio in French-speaking western Switzerland.
To further develop its press arm, AGEN Holding is focusing on two women's magazines. With the creation of Profil Femme and the acquisition of a stake in XXS, the group is expanding its media spectrum in the French-speaking part of Switzerland.With its circulation of 24,000 copies, Profil Femme should bring AGEN Holding an annual profit of 300,000 Swiss francs, according to a March 22 media release. The magazine, which is aimed primarily at female readers between 30 and 45, and the 50-percent-acquired watch magazine for women XXS are to round out AGEN's magazine offering. The Group also intends to restructure and improve its business magazine in the near future.
Accompanying the publication takeover and partnership is a shift in the holding company's management. Eric Valette, who conceived and still heads Profil Femme, will become COO of AGEN Press. Alain Fabrez, current CEO of Agefi and Chairman of the AGEN Board of Directors, will devote himself to the development of AGEN Holding within the Board. Furthermore, Antoine Hubert, current CEO of AGEN's healthcare division, will be appointed Group CEO. Finally, the Press Division will be headed by a triumvirate composed of Sylvie Gardel, Editor-in-Chief of Agefi, François Savary, Head of Editorial Services of AGEN publications, and Eric Valette.
Accompanying the publication takeover and partnership is a shift in the holding company's management. Eric Valette, who conceived and still heads Profil Femme, will become COO of AGEN Press. Alain Fabrez, current CEO of Agefi and Chairman of the AGEN Board of Directors, will devote himself to the development of AGEN Holding within the Board. Furthermore, Antoine Hubert, current CEO of AGEN's healthcare division, will be appointed Group CEO. Finally, the Press Division will be headed by a triumvirate composed of Sylvie Gardel, Editor-in-Chief of Agefi, François Savary, Head of Editorial Services of AGEN publications, and Eric Valette.
