Sue Knights said: “I am delighted to announce the sale of our long established Products business (TW4 GmbH) based in Switzerland to our Director of that business, Bert Kuipers and his associate Dieter Grolimund.”
“Bert and Dieter run an exceptional operation from Switzerland together with our Supplier Partners throughout Europe. It is time to allow that business to become independent. I am confident that with Bert and Dieter at the helm the business will grow and go from strength to strength.”
“TW4 is also delighted to remain a Client of the new Products business.”
“The TW4 Operation in Amsterdam will now focus with renewed vigour on our core competency; Magazine Subscription Fulfilment for our Premier Client Portfolio and for our new Clients in the future.”
The separation of these two businesses comes in the half centenary year of Time Warner Publishing BV and marks the continued change, innovation and strength of these businesses, says TW4.
