Management buyout at Evenjo
Evenjo, the live communications unit of Swiss Radioworld, breaks away from Goldbach and establishes its own agency with Appalooza and Furrerhugi.
Following the joint decision for a management buyout, Swiss Radioworld is saying goodbye to Evenjo. As of January 1, 2017, Evenjo is founding the live communications agency Evenjo together with the event agency Appalooza and the communications agency Furrerhugi.
Evenjo was previously integrated into Swiss Radioworld, a subsidiary of the Goldbach Group, and was launched in February 2016 (Werbewoche.ch reported). Now the previous managers Flavio Baggenstos and Michel de Maddalena have founded the agency Evenjo together with Carlo Bommes (Appalooza Productions) and Lorenz Furrer (Furrerhugi). Continuity is assured for Evenjo's existing clients, according to a statement.
Flavio Baggenstos, Managing Partner Evenjo, in a statement: "We are grateful to the Goldbach Group as well as Swiss Radioworld for their openness to let us move into independence. With Furrerhugi and Appalooza, we have found two partners who complement our competencies and support us extensively on our way."
Ralf Brachat, Managing Director Swiss Radioworld: "After we were able to achieve the turnaround with Evenjo 2016, the foundation has been laid for Flavio and Michel to successfully take their next steps. I wish the team and the new shareholders every success".
