Swiss Post has acquired transportation company H. Bucher Internationale Transporte to strengthen its logistics network in Central Switzerland.
H. Bucher Internationale Transporte is a regional transportation company employing 47 staff. The forwarding company has a vehicle fleet of 34 trucks and specializes in domestic and international European transportation. The acquisition will enable Swiss Post to strengthen its network and offer more logistics services through increased provision of vehicles and storage space; this will also support Swiss Post’s storage and customs clearance requirements. The employment contracts for the staff affected are to remain unchanged and the parties involved have agreed to maintain confidentiality over the details of the acquisition.
Johannes Cramer, head of logistics services at Swiss Post and member of executive management, said, “With H. Bucher, we’re strengthening our presence in Central Switzerland. We can now fine-tune even more our already close-knit logistics system for business customers. People have been ordering more and more goods online in recent years. Although consumer sentiment is currently gloomy, cross-border retail will continue to increase in the longer term. That is why Swiss Post is investing in this growing goods logistics market. The acquisition of H. Bucher allows us to expand our connections on the axis between the major economic areas of Germany and Italy. This means that we’ll continue to be a valuable partner for many companies in the future and ensure that their products reach their destination on time – whether winter coats or fridges.”