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Be it Lego, Barbie or cool board games. Everything is available at the traditional Swiss company Franz Carl Weber. But now there is a change of owner. The toy dealer falls into the hands of the Germans.
According to “Handelzeitung”, the German pharmacy chain Müller has taken over from Franz Carl Weber. Marcel Dobler, who owns half of Franz Carl Weber, confirmed his takeover: “100 percent of Franz Carl Weber will be sold to the German pharmacy chain Müller, which employs 35,000.”
Müller Handels AG Schweiz takes over the toy retailer. What will happen to the 23 Swiss branches and 200 employees in this country is not yet known. “There will be no change in the short term,” he said.
Competitors can buy cheaper
Franz Carl Weber probably lacked the size advantage. This means that competition from major distributors and department stores has more pricing power for brands like Playmobil and can therefore be purchased cheaper than the traditional Swiss company.
According to Dobler, this was the right decision for Franz Carl Weber: “Consolidation in the toy market will continue. After the successful refurbishment, new owner Franz Carl Weber can put the company on a new footing in terms of size, opportunities and purchasing volumes.» It still hurts that the toy store is changing hands.
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
