Tamedia moves into Thurgau

The Zurich-based media company is acquiring the publisher of the *Thurgauer Zeitung*, Huber & Co. AG in Frauenfeld.

Tamedia records a success in its
Expansion strategy: The Zurich-based media company takes over the publisher
of the Thurgauer Zeitung, Huber & Co. AG in Frauenfeld. How one
the announcement sent out after the close of trading, acquires
Tamedia for the time being around 75 % of the shares. After the closing of this trade
in October, both the sellers and Tamedia are aiming to hand over the
of all shares. The terms of the transaction have been
The parties have agreed not to disclose details.
With the takeover, Tamedia is securing the long-term independence of the
Thurgauer Zeitung and media diversity in the canton of Thurgau, write
the two publishing houses. Huber & Co. AG will be the Thurgau
The company will continue to operate at its Frauenfeld site. Tamedia wants to
together with the management under the leadership of Urs Lüdi until
At the end of 2005, we will examine the extent to which the two companies can cooperate and
synergies to strengthen the earnings situation.
The Thurgauer Zeitung is to be supported by an advertising combination with the
Tages-Anzeiger a link to the national advertising business
received. The same applies to the Landbote in Winterthur, where Tamedia
already entered the market with 20 % at the beginning of the year. In addition, according to
Communiqué an advertising combination between the Landbote and the
Thurgauer Zeitung newspaper. The two papers were previously published together
combined with the Schaffhauser Nachrichten in Combi I. After the
Landbote canceled this combination in August at the end of the year.
talks about an extension in the last few days. Urs Lüdi and
Landbote Managing Director Lothar Dostal were available for information on Thursday.
cannot be achieved.
In addition to the Thurgauer Zeitung, the Huber Group also publishes the
Regional-Zeitung Hinterthurgau und Umgebung and the Uster Nachrichten.
It also operates a newspaper and commercial print shop, a
magazine and book publisher and the multimedia agency Backslash and
runs a bookshop in Frauenfeld. It generated
2004 financial year, sales amounted to around CHF 61 million and
employs 307 people.
Stefano Monachesi

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