Tag: Dietlikon

  • Coop takes over Jumbo

    Coop takes over Jumbo

    Coop takes over the Dietlikon-based DIY store company Jumbo from Maus Frères SA. The chain with a total of 40 stores is an ideal complement to the Coop Group's locations, according to a media release . The purchase has to be approved by the Federal Competition Commission.

    Maus Frères SA now wants to focus on its core business, explained Didier Maus, Chairman of the Board of Directors, in the announcement. This includes the department store chain Manor and the brands under the name MF Brands Group. In addition, the company is strengthening its financial base with the sale and is thus preparing for possible acquisitions of other brands.

    Coop is convinced that with the acquisition “it has created an ideal basis for the future for all parties,” says Joos Sutter, CEO of the Coop Group Cooperative. With the current takeover of the DIY chain, Coop is buying the second part of Jumbo's business. In 2007 the retailer had already taken over the wholesale chain from Jumbo, in which Maus Frères and the French retail chain Carrefour each held half.

  • Implenia sees itself in a good position

    Implenia sees itself in a good position

    According to a message from Implenia , the construction and real estate company from Dietlikon generated sales totaling CHF 2.99 billion in 2020. In the previous year, sales of 4.43 billion Swiss francs were posted. The operating result at EBIT level fell year-on-year from CHF 63.5 million to CHF -146.8 million. A loss of 132.1 million francs was reported as the consolidated result; in 2019, a profit of 33.9 million francs had been realized.

    The order backlog remained at a high level at CHF 6.39 billion and is also well distributed across business areas and markets, Implenia writes in the press release. More than 80 percent of the sales targeted for the current year are already secured. In the current year, the company intends to be back in the black.

    The return to the profit zone should be achieved through restructuring in the portfolio and measures for profitable growth. Implenia writes that the company has already started to reduce business areas that are not part of its core business or that are unprofitable. For profitable growth, "an effective management of opportunities and risks was introduced".

    Implenia wants to report an EBIT of at least 100 million francs in the current year. At the corresponding rate, the target is 2.8 percent. In the medium term, an EBIT margin of 4.5 percent should be achieved.