New company structure for Swissterminal Group
Swissterminal will change its company structure and bundle its activities into two divisions, one for operational and the other for non-operational activities.
To this end a new holding will be founded, operating under the name 2M-Holding. To facilitate the incorporation of the new holding the current Swissterminal Holding AG will be split up.
With this new strategic move, the Swiss logistics provider is putting a stronger focus on its various areas of business and preparing the way for entering new markets.
In line with this development and in accordance with legal requirements, Swissterminal Holding AG will publish a call to creditors in the Swiss Official Gazette of Commerce. Swissterminal’s operating entities are not affected by this call. The group of operating companies includes Swissterminal AG, Frenkendorf.
The new company structure of Swissterminal is as follows:
Swissterminal Holding AG covers the operational activities of Swissterminal Basel AG, Swissterminal Birsfelden AG, Swissterminal AG and Swissterminal International AG, where Schweizerzug AG is also sited amongst others. These operating companies specialise in the handling and storage of empty and loaded containers. The organisation of transport, securing of cold chains and inspection procedures on behalf of shipping companies are also part of their portfolio. In addition, Schweizerzug connects the two sites at Frenkendorf and Niederglatt with the major European ports.
The new 2M-Holding consists of two companies. The newly founded 2M Solutions AG is involved in activities that include domestic servicing and maintenance as well as services in the terminal sector, while Swissterminal Frenkendorf AG mainly covers assets such as real estate, buildings and various other assets.
The shareholder structure remains unchanged during the reorientation and there is no change in current obligations.
Roman Mayer, President and Delegate of the Board of Directors of the Swissterminal companies, commented: “The Swissterminal group has been in a process of constant development in recent years. In October 2016 for example, we launched a new transport service with Schweizerzug, and in November 2017 we reopened our Niederglatt terminal. With the bundling of our operative activities in a holding, we are optimally equipped for realising new projects also in the future.”