Offix reshuffle

Office products dealer group, PEG, has gained a majority share in Offix Holding.

Offix Holding was formed in 2015 as a result of a merger between PEG and the Ecomedia Group. It currently employes 250 employees and makes annual sales of $305.3 million.

As part of a planned transaction, PEG has grown its stake in Offix Holding from 40% to 80%. There will also be a board reshuffle as
Thomas Bähler, Susanne Mader, Christoph Birgelen and Roman Büchler join the line up.

Christoph Clavadetscher, the new Chairman of the PEG board, commented: “We expect this transaction to strengthen the long-term competitiveness of the many independent resellers in Switzerland.”

Read more.