Rico Back’s offer is not a viable alternative to Quickmail because it would put creditors in a worse position than in the event of bankruptcy, Erni said in the interview with the “SonntagsZeitung” published on Sunday.
He has been in contact with Back for more than two years. Back always only wanted Quickpack. He also has no solution for the creditors, but he wants to go through the debt moratorium so that he can get the company even cheaper, which puts the creditors in a much worse position than in the event of bankruptcy.
“I don’t see a future with Quickmail,” said Erni. The future is also uncertain when it comes to packages. Volume dropped again in January and things are not getting any better in February.
The Competition Commission (Weko) announced on Friday that Swiss Post is not allowed to take over Quickmail. An in-depth investigation showed that the takeover would eliminate competition in the market for addressed bulk mail items weighing more than 50 grams for business customers, Comco said. In addition, the postal service would also have a dominant market position in other areas, for example in the delivery of newspapers and magazines.
The Quickmail Group, with its two subsidiaries Quickmail and Quickpac, delivers letters, unaddressed items such as advertising leaflets, newspapers and magazines, as well as parcels throughout Switzerland. According to the company’s own information, 3,000 jobs are at risk.
Erni described the Comco decision as “naive and irresponsible”. The logistics company is investigating possible legal action against the decision. But it is to be feared that an appeal decision will come too late. (sda)
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
