October 22, 2018
Zurich, October 22, 2018 – Quarton International (“Quarton”) has advised MS Direct Group AG (“MS Direct Group”) and all other shareholders of Quickmail AG (“Quickmail”), the only private mail service provider in Switzerland, on the sale of the majority of shares to a group of investors represented by Verium AG. The parties have agreed not to disclose further details of the transaction.
Quickmail is the first private company in Switzerland to deliver addressed mail since the partial liberalization of the letter market. According to the activity report of the Federal Postal Commission PostCom, it is the market leader among private mail service providers and, alongside Swiss Post, is the only company in Switzerland active in the field of mail traffic.
Milo Stössel, Chairman of the Board of Directors of MS Direct Group and former Chairman of the Board of Directors of Quickmail:
“We are delighted to have found a partner in Verium that shares our ideas on the postal market, that wants to expand Quickmail further and can secure the financing for future growth. Throughout the transaction, Quarton International has provided us with optimal support on a very trusting level”. MS Direct Group will continue to hold a substantial stake as a minority shareholder.
The change of ownership has no effect on the customers and employees of Quickmail. The headquarters of Quickmail will remain in St. Gallen and the two managing directors Christof Lenhard and Bernard Germanier will continue in this function.
About Quickmail AG
Quickmail is the first private company in Switzerland to deliver addressed letters since the partial liberalization of the letter market. The AG was founded in August 2009 and delivers addressed letters, mailings, catalogues and magazines weighing over 50g. Quickmail currently has 150 full-time employees and 3500 part-time employees (delivery staff). Its customers come from the mail order, retail, publishing, fundraising, automotive, education and travel sectors.
About MS Direct Group AG
MS Direct Group AG is a Swiss family business with around 900 employees and a full service provider of tailor-made solutions and integrated services for customer relationship management and e-commerce.
About Verium AG
Verium is an independent multi-family office and manages investments in medium-sized companies for its investors, such as the IT service provider Toradex or Home Instead, a service provider for senior care.
January 30, 2019
Finance Monthly Deal Maker Award for Quarton, a Cowen Company
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