The logistics company Planzer faced a challenging decision when CEO Nils Planzer decided to acquire the struggling competitors Quickpac and Quickmail, despite initial hesitations. The move was surprising given the tough competition in the logistics industry, where operating profit margins are slim. Planzer was motivated by the desire to prevent foreign competitors from buying the companies and expanding their presence in the Swiss market.
The takeover of Quickpac and Quickmail added to Planzer’s existing package delivery business, which is still not profitable. However, Planzer remains optimistic about the parcel business and is focused on reaching profitability in the coming years. The company also operates in warehouse logistics and general cargo transport, which contribute significantly to revenue.
The company’s expansion into letter delivery with the acquisition of Quickmail presents a new challenge for Planzer. The business has struggled due to declining letter volumes, but the move was relatively inexpensive for Planzer. The company aims to understand the new business and turn it around in the coming years.
Despite its growth, Planzer has faced challenges with poor working conditions for drivers in the package delivery business. The company has worked to address these issues and recognizes the importance of treating employees fairly and with respect. Nils Planzer emphasizes the need for employees to feel proud of working for the company in order to ensure its success.