Ringier sells Ringier Studios to Liechtenstein
Ringier Studios Zurich/Vietnam has a new owner: Fritz Kaiser. The Liechtenstein entrepreneur and investor purchased Ringier Studios from Ringier.
As of April 1, 2013, Ringier Studios is Liechtenstein-based. The company, which is headquartered in Zurich and has a production and programming center in Saigon, Vietnam, will be wholly owned by Fritz Kaiser, the wealth management entrepreneur, investor and philanthropist, according to a press release. Kaiser is co-founder and Executive Chairman of the Kaiser Partner Group, which provides wealth management and asset management services to wealthy private clients and family offices. Kaiser Partner employs 220 people at its offices in Vaduz and Zollikon and manages around 25 billion Swiss francs in assets.
Fritz Kaiser has long been concerned with the structural changes brought about by the internet. He sees how it is rapidly changing entire industries and is convinced that digital product visions and digital design are playing a growing role: "E-commerce and e-knowledge are the new winners. We buy books, tickets and clothes online and access information conveniently on our mobile devices anytime and anywhere." At Ringier Studios, he sees great creative potential in the field of digital design.
Ringier, as the previous owner of the start-up Ringier Studios, is delighted that a new owner has now been found for the young company who wants to exploit this market potential for third-party customers. Ringier CEO Marc Walder: "Fritz Kaiser is an entrepreneur with an impressive track record. His vision is to use digital applications on mobile devices in the financial services sector as well. Ringier Studios will be able to benefit from Kaiser's entrepreneurial know-how." Marc Walder will join the Board of Directors of Ringier Studios. The parties have agreed not to disclose the purchase price.
