Swiss Post Solutions (Swiss Post) has purchased Scalaris AG, which operates in Switzerland and Germany. The parties have agreed to maintain confidentiality over the purchase price.
Swiss Post is the postal service of Switzerland. A public company owned by the Swiss Confederation, it is the country's second largest employer. It supports customers as a comprehensive solution provider by taking on entire business processes such as handling physical in-house mail, digitalizing business documents, extracting data, assigning documents electronically and printing output and electronic archiving. Swiss Post is also using standardized processing procedures with its own software solutions.
By purchasing the software specialist Scalaris, Swiss Post will considerably broaden its expertise and product portfolio for digital document solutions. As a result, it will also gain additional new customer. Digitalizing and document processing solutions are important components of Swiss Post's growth strategy. The takeover will also confirm Swiss Post’s role as an intermediary that provides its customers with solutions at the interface between the physical and digital world.
Scalaris is a leading provider of efficient scanning platforms and software solutions for document processing.
Oaklins' team in Switzerland assisted the buyer in the financial due diligence review and the interpretation of the analysis' results, in particular with respect to the valuation of the target.
© 2018 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.