Orell Füssli

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Orell Füssli Holding AG

logo
legal form Corporation
ISIN CH0003420806
founding 1519, 1890 (AG), 1999 (Holding)
Seat Zurich SwitzerlandSwitzerlandSwitzerland 
management Anton Bleikolm ( Chairman of the Board of Directors )
Beat Lüthi (Vice President of the Board of Directors)
Martin Buyle ( Managing Director )
Beat Müller (Finance)
Number of employees 1046 (2010)
sales 318 million CHF (2010)
Branch Printing, publishing, book trade
Website www.orellfuessli.com

Orell Füssli ( [ˈɔrɛl ˈfyːsli] or [ˈfyə̯sli] , OF for short , legally Orell Füssli Holding AG ) is a Swiss holding company that includes companies active in the publishing , printing and bookshops. The company is based in Zurich , in the Wiedikon district . Orell Füssli is known in Zurich as the largest general bookshop; Switzerland's best-known product is the first time in 1909 for the Swiss National Bank made notes . The company has been listed on the Zurich Stock Exchange since 1897 and is one of the oldest commercial enterprises in Switzerland due to its origins.

history

At the beginning of the 16th century, the city-state of Zurich became one of the most important meeting places of the Confederation. In 1519, not only was Ulrich Zwingli appointed to the Grossmünster , from where he initiated the Reformation , but the Bavarian immigrant Christoph Froschauer was entrusted with the task of building a printing company, for which he was granted citizenship by the council. The Froschauer printing house thus received the status of a state printing house. She also published the works of Zwingli and Erasmus von Rotterdam .

The printing works moved to Froschauer through the aristocratic bourgeoisie of the city from Zurich family to Zurich family and changed the name accordingly. The Zurich families involved were Escher, Wolf, Bodmer , Heidegger, Rahn, Füssli (or Füßlin), Gessner and finally Orell.

In 1735 Conrad Orell and Hans Rudolf Füssli took over the company to which their names would later stick. With the publication of the first Zürcher Zeitung in 1780, the Orell, Gessner, Füssli & Co. bookstore founded another Zurich institution, which has been called Neue Zürcher Zeitung (NZZ) since 1821 and which was outsourced to an independent stock corporation in 1868.

In the 19th century, for political reasons, the company shifted its focus from publishing to printing and produced its first securities in 1827, which were followed by the first cantonal postage stamps ( Zurich 4 and Zurich 6 ) in 1843 . The introduction of ten-color photochromic printing in 1880 marked a technological peak in printing.

Share for CHF 500 in the AG Art. Institut Orell Füssli from October 1, 1890

The year 1890 marked the birth of today's modern company, which was created through the transformation into the joint stock company Art. Institut Orell Füssli . A year earlier, the advertising office founded in the middle of the 19th century was transferred to a stock corporation, which last operated under the name ofa Orell Füssli Werbe AG and was sold to Publigroupe in 1998 .

The establishment of the Swiss National Bank (SNB) in 1907 meant the introduction of a Swiss-wide uniform currency system with banknotes . For the SNB, Orell Füssli first printed banknotes based on Swiss designs on a trial basis in 1909. Of the second series introduced by the SNB in ​​1911 , individual denominations were printed by OF.

In 1923, Orell Füssli moved from the city center to the Wiedikon district, which was incorporated in 1893, due to a lack of space . The inconspicuous building complex at Dietzingerstrasse 3 in the immediate vicinity of the old village center has been the company's headquarters since then. With the move, the printing machine park was upgraded, which resulted in the introduction of the line intaglio printing process (intaglio printing ) on a broad front and determined everyday printing for decades. The publishing business received its independent market presence as Orell Füssli Verlag as early as 1925 , the name was taken over as the company name in 1999 during the restructuring and spin-off.

In 1974 the company changed its name to Orell Füssli Graphische Betriebe AG (ofgb). Around the same time, with the design of the sixth banknote series, which was introduced by the SNB in ​​1976, the OF security printing department became the sole printing company for all Swiss banknotes.

The 1990s were marked by upheaval, a radical restructuring was carried out in 1992: the commercial printing company was sold to Zürichsee Medien , Orell Füssli Kartographie became largely independent, while the banknote printing company was further upgraded. Orell Füssli Buchhandlungs AG was founded with the German wholesale book dealer Heinrich Hugendubel (Buchhandlung zum Elsässer) as a minority shareholder . In relation to the inventory (publishing house, book trade, security printing), the current company was actually created.

The Orell Füssli Buchhandlungs AG (51% OF, 49% Alsatian) moved instead of the bookstore at the Pelikanstrasse 10 prestigious property Kramhof to Füsslistrasse 4 and opened in 1993, the largest bookshop in Switzerland expected in Zurich since been named Orell Füssli associated and which is often confused with the company headquarters. The revived book trade under the OF name was followed in 1996 by the inclusion of online book trade under the books.ch domain .

Ofa Orell Füssli Werbe AG was spun off as early as 1889 and taken over by Publigroupe based in Lausanne in 1998 , which merged the assets with its own companies, such as Publicis, and thus made the names ofa and Orell Füssli disappear from the advertising market. As part of a further restructuring in 1999, the current group structure was created. The Orell Füssli Graphic workshops AG became the Orell Füssli Holding AG and the core areas of graphic arts companies - publishing (ofv) and security printing in standalone - (ofs) subsidiaries outsourced under the holding company.

The Teledata AG , has been involved in the Orell Füssli, was completely taken in 2001 and in 2003 Orell Füssli Business Information Ltd. renamed. On July 1, 2008, Orell Füssli Wirtschaftsinformationen AG was taken over 100% by the Axon Active AG group based in Lucerne. The name Orell Füssli Wirtschaftsinformationen AG remained, however. In 2014 the company was taken over by the risk management solution provider CRIF.

In July 2002, Orell Füssli acquired a 76% majority in Atlantic Zeiser Group AG , based in Emmingen ( Baden-Württemberg ) and with branches in France, Italy, Spain, Great Britain and the USA. On the one hand, the acquisition expands the repertoire of the ofs and, on the other hand, offers it the opportunity to market its know-how worldwide. The complete takeover of the company was completed at the beginning of November 2005.

Company names since foundation

Froscher's print shop 1519-1585
Escher's print shop 1585-1591
Wolfsche Druckerei 1591-1626
Bodmer printing house 1626-1719
Heidegger & Rahn 1719-1727
Heidegger & Co. 1727-1766
Füssli & Co. 1766-1770
Orell, Gessner, Füssli & Co. 1770-1798
Orell, Füssli & Co. 1798-1890
Art. Institute Orell Füssli AG 1890-1974
Orell Füssli Graphische Betriebe AG 1974-1999
Orell Füssli Holding AG since 1999

Orell Füssli Group

The Orell Füssli Group in its current form has existed - depending on the perspective - since 1999. However, the stock corporation that today constitutes Orell Füssli Holding AG dates back to 1890.

When Orell Füssli Graphische Betriebe AG was hollowed out in 1999 in favor of the new holding structure, the three divisions security printing, bookstores and publishing were created, which were largely congruent with one of the old and two new subsidiaries:

  • Orell Füssli Buchhandlungs AG
  • Orell Füssli Security Printing Ltd (ofs)
  • Orell Füssli Verlag AG (ofv)

To date, these three subsidiaries are the central components of the respective divisions, which, however, also include other subsidiaries.

A fourth business information division (complete takeover in 2001) and a fifth division Atlantic Zeiser Group (complete takeover in 2005) have been added to the Orell Füssli Group, which in turn are largely congruent with the corresponding subsidiaries:

  • Orell Füssli Wirtschaftsinformationen AG (ofwi), no longer part of the Orell Füssli Group since July 1, 2008
  • Atlantic Zeiser Group AG (AZ Group)

The holding company and the three traditional business areas are based in Zurich-Wiedikon. The holding company is a public company on the SWX listed . The share capital consists of 1.96 million registered shares at CHF 1 each, the largest single shareholder with 653,460 shares (33.34%) is the Swiss National Bank , based in Zurich and Bern. The external auditor is PricewaterhouseCoopers in Zurich.

Orell Füssli Thalia AG

The third oldest field of activity of OF, which also has its roots in the 16th century, fell behind over the decades. In 1941 the OF bookstore moved to Pelikanstrasse 10, where it stayed until the early 1990s. With the restructuring in 1992, the course was set for the book trade and the abandonment of the classic printing house was opposed to the revival of the book trade.

For the previously neglected business with end customers, the graphic companies founded a new subsidiary for bookshops at their headquarters together with Heinrich Hugendubel as a minority shareholder. The Munich book wholesaler Hugendubel already had experience with the large bookstores of the same name and was involved in the bookstore zum Elsässer AG in Zurich , which formally held the shares in the new Orell Füssli Buchhandlungs AG for Hugendubel.

The new company was the first to move into the extensively renovated "Kramhof" property at Füsslistrasse 4, just a few steps from Bahnhofstrasse, and in 1993 opened the largest bookstore in Switzerland. In the same year, the two Restseller by Orell Füssli branches were opened in the underground station section of the main train station and in the shopping arcade of the Stadelhofen train station , where mainly residual copies are sold that are no longer subject to fixed book prices.

Although the branches developed well, aggressive expansion was avoided because on the one hand, despite fixed book prices, they had to fight the resistance of smaller booksellers, but on the other hand, Hugendubel showed that it was possible to achieve significant market shares even with a few established locations.

Orell Füssli in Winterthur

After groping their way into online trading from 1995 onwards, a branch outside Zurich was opened for the first time in 1997 - the Orell Füssli Buchhandlung Winterthur . In 1999 the website was completely redesigned and the online catalog was significantly enlarged. With Orell Füssli The Bookshop , a second “regular” location was created on Zurich's Bahnhofstrasse, with the Zurich parent company being called Orell Füssli Kramhof since then . In The Bookshop , the ever increasing number of was "Gourmet" outsourced, which was easily able to fill the new location.

At the end of the same year, the bookstore zum Elsässer Holding AG received the addition of Holding, which announced the shift in focus of the company. The graphic companies also became a holding that year, which had no effect on the book trade, as it had been a subsidiary since it was founded.

The first location outside the ancestral canton was created in 2001 with the takeover of Raeber Bücher & Medien AG , which is now the Orell Füssli Buchhandlung Luzern . With Orell Füssli Krauthammer , the third Zurich location was opened on Marktgasse in Niederdorf . The specialty of this location was mainly textbooks and illustrated books on the subjects of art, architecture, design and photography, but this should develop differently than hoped.

With the opening of Orell Füssli am Bellevue in 2002, the fourth Zurich location was created, which, like the Kramhof, is designed as a large bookstore with a general range. With the location at Bellevue, one follows other traditional Zurich houses such as Sprüngli or Globus , which have a second location in the Bellevue / Stadelhofen / Opernhaus area.

The third Restseller by Orell Füssli branch was opened in 2003 with the construction of the new passerelle with shops (RailCity) in the Basel SBB train station . In March 2003, the bookshop zum Elsässer on Zurich's Limmatquai closed its doors.

The takeover (99.5% of the shares) of the long -established Rösslitor Bücher AG in St. Gallen marked a change in 2004 compared to the takeover in Lucerne - the bookstore keeps the name Rösslitor Bücher . With the takeover, the Rösslitor subsidiary Buchhaus Meili AG in Schaffhausen was acquired , which has since been given up as Orell Füssli Buchhandlung Schaffhausen . The Thalia bookstore taken over by OF has a branch in Schaffhausen.

While practically all locations developed well, the art area remained a problem child before the withdrawal and downsizing of the art department from Krauthammer to Kramhof was ordered in March 2005. The new concept for the Krauthammer came as a surprise: Orell Füssli Krauthammer remained on the ground floor with the architecture departments, as well as design and photography with a few adjustments - Payot chez Orell Füssli moved to the first floor in June 2005 . Payot SA, based in Lausanne, is the largest book trade in French-speaking Switzerland and belongs to the French Hachette, which in turn belongs to the arms and media group Lagardère . Payot had been running a branch in Zurich since 1946 - most recently on Bahnhofstrasse - which had been the last outside of French-speaking Switzerland since the mid-1990s . With the negotiated cooperation between OF and Payot, OF de facto took over the Payot branch and housed it in the Krauthammer, which now also offers French-language books - the English-language offer has been integrated into The Bookshop .

At the end of June 2005 the bookshop zum Elsässer Holding AG finally gave up its old name and is now called Hugendubel Holding AG . Orell Füssli Holding holds 51% and Hugendubel Holding 49% of Orell Füssli Buchhandlungs AG.

In March 2013, a joint venture between Orell Füssli and Thalia Holding GmbH was announced. The Orell Füssli Thalia (OFT) joint venture is due to start operations in autumn 2013.

Orell Füssli moved into a smaller branch in Basel in January 2018.

Orell Füssli Security Printing AG

The security printing department has its roots in 1827 as the first securities (securities) were printed. Since moving to Wiedikon, security printing has also been located there and from 1974 formed a core of the graphic companies, which were converted into a holding company in 1999. Since then, ofs has been organized as a wholly owned subsidiary of the holding company.

Since the SNB's sixth series of banknotes, which was introduced in 1976, ofs has been the sole printing company for Swiss banknotes and is therefore generally also responsible for quality and final checks, which the SNB only carries out randomly after acceptance.

With the sale of the commercial print shop in 1992, the banknote printing plant was massively expanded and upgraded. The first product was the eighth banknote series, introduced in 1995, in which the micro-perforation technology (Microperf) developed by ofs was used in series for the first time from 1997 - with the introduction of the 200-franc denomination .

Ofs also produces the latest Swiss passport sample .

Ofs' customers include the SNB, the federal government and various Swiss institutions as well as the central banks of 16 countries. In December 2017 ofs took over 10% of the security paper manufacturer Landqart , from which the paper for the Swiss franc banknotes comes.

Orell Füssli Verlag AG

Schaubücher 15 giant buildings in North America (1930)

Publishing is Orell Füssli's second oldest activity and dates back to the 16th century. After this activity was only marginally pursued in the 19th century for political reasons, the publishing business was strengthened again after the move to Wiedikon and the brand identity was established as Orell Füssli Verlag in 1925 .

After OF's oldest area of ​​activity, classic printing in the form of commercial printing, was sold to Zürichsee Medien in 1992 , the publishing house is now the oldest active line of business. With the transformation of the Graphische Betriebe into a holding company, ofv was outsourced to a stock corporation while retaining the name and is organized as a wholly-owned subsidiary of the holding company.

Globi Verlag AG , which was taken over by the Globus Group , has belonged to the publishing subsidiaries since January 1, 2007, and Huber publishing house in Frauenfeld, taken over by Tamedia , since January 1, 2008 .

Legal comments from Orell Füssli Verlag are usually quoted with the abbreviation OFK.

Atlantic Zeiser GmbH

Atlantic Zeiser was founded in 1956 by Alois Zeiser. The company initially developed and produced mechanical numbering machines for numbering banknotes , passports and identity papers. In 1991 Zeiser and the American company Atlantic Force Control Systems Inc. merged to form Atlantic Zeiser and individualized 97 percent of global banknote production. In the early 1990s, Atlantic Zeiser developed the first solutions for industrial DoD inkjet printing and systems for personalizing plastic cards and passports. In 2002, Atlantic Zeiser was taken over by the Swiss Orell Füssli Holding. From 2000 to 2011 Atlantic Zeiser continued to develop its product portfolio of digital inkjet printing modules and integrated end-to-end system solutions.

literature

  • Roland Jaeger: In contrast to the reader. The “Schaubücher” series from Orell Füssli Verlag, Zurich. In: Manfred Heiting, Roland Jaeger (Hrsg.): Autopsy. German-language photo books 1918 to 1945. Volume 1. Steidl, Göttingen 2012, ISBN 978-3-86930-412-0 , pp. 316–331.

Web links

Individual evidence

  1. CRIF buys Orell Füssli Business Information. In: Swiss IT Reseller . February 18, 2014.
  2. ^ Basel: The name Thalia is disappearing - badische-zeitung.de. Retrieved July 20, 2013 .
  3. Nicolas Drechsler: Orell Füssli moves a few houses further on Freie Strasse. In: bzbasel.ch . February 8, 2017, accessed December 3, 2018 .
  4. Angela Borner: Large books dragging in the Freie Strasse. In: telebasel .ch. January 8, 2018, accessed December 3, 2018 .
  5. Andreas Schwald: The last chapter in the history of Basel's largest bookshop is over. In: bzbasel.ch . December 3, 2018, accessed December 3, 2018 .