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DocMorris

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Zur Rose Group
Company typepublic limited company
ROSE.SW
ISINCH0042615283
IndustryOnline pharmacy, e-commerce
Founded1993
Headquarters,
Key people
Walter Hess
(CEO)
RevenueDecrease CHF 1'608 million (2022)[1]
Increase CHF -171 million (2022)[1]
Number of employees
Decrease 2'300 (2022)[1]
Websitewww.zurrosegroup.com

Zur Rose Group, headquartered in Frauenfeld, is an active Swiss-based group operating primarily in Europe online pharmacy and pharma wholesaling. Zur Rose Group is the self proclaimed largest e-commerce pharmacy in Europe, operating in Switzerland, Germany, the Netherlands, Spain and France.[2] Its services are offered under different brands in different countries, DocMorris being the most well known one. The Zur Rose Group shares are listed on the SIX Swiss Exchange.

History

Zur Rose was founded in 1993 by the present chairman of the Board of Directors Walter Oberhänsli and a group of medical doctors as wholesale suppliers for self-dispensing doctors in Switzerland.[3] The company name derived from the house Zur Rose in Steckborn, Switzerland, where still a brick-and-mortar pharmacy is located.[4] In 1999, the company moved from Steckborn to its current headquarters in Frauenfeld.

In 2009 The pharmaceutical company Helvepharm AG was sold to Sanofi Aventis. In 2012, Zur Rose acquired Europe's largest online pharmacy DocMorris and in 2019 with medpex the third-largest online pharmacy of Germany.[5] Further acquisitions in pharma logistics and online commerce were Ogera AG (2001), Helvepharm AG (2006), DocMorris (2012), Eurapon Pharmahandel GmbH (2017), Promofarma (2018) and apo-rot (2018).[6] The group also acquired two software companies; BlueCare AG (2015) and TeleClinic (2020), a telemedicine provider.[7]

Zur Rose Group IPOed on the SIX Swiss Exchange on July 6, 2017.[7] Since 2017 Zur Rose Group operates in Switzerland a small number of physical shop-in-shop stores in collaboration with Switzerland's largest retailer Migros.[8]

In 2022, the medpex brand was integrated at the Heerlen location and capacity more than doubled. The logistics site in Bremen was closed at the same time and the Eurapon brand discontinued.[1]

Brands

Zur Rose Group operates under the following brands:[9]

  • DocMorris
  • Zur Rose
  • medpex
  • eurapon
  • Apo-rot
  • apotal.de
  • TeleClinic
  • eHealthTec
  • BlueCare
  • PromoFarma[10]
  • DoctiPharma[11]

See also

References

  1. ^ a b c d "Zur Rose Group: Revenue and earnings targets for 2022 achieved; significant step towards profitability". finanzen.ch. 2023-03-23. Retrieved 2023-04-05.
  2. ^ "Annual report 2019" (PDF). Zur Rose Group. Retrieved 18 January 2021.
  3. ^ Rogler, Olga (31 March 2022). "Zur Rose-Aktie: So wurde die Zur Rose Group zu Europas grösster Versandapotheke". finanzen.ch. Retrieved 8 March 2023.
  4. ^ "So kauft Zur Rose trotz Fremdbesitzverbot deutsche Versender". Deutsche Apotheker Zeitung. 8 November 2018. Retrieved 8 March 2023.
  5. ^ "Online Pharmacy Zur Rose Is Weighing Options Including Sale". Swissinfo. 22 August 2022. Retrieved 8 March 2023.
  6. ^ "Acquisitions by Zur Rose Group". Tracxn. 13 October 2022. Retrieved 8 March 2023.
  7. ^ a b "Zur Rose Group History". Zur Rose Group. Retrieved 18 January 2021.
  8. ^ "Zur Rose und Migros starten offiziell mit Gemeinschaftsunternehmen" (in German). Blick. Retrieved 18 January 2021.
  9. ^ "Zur Rose Group Markets & Brands". Zur Rose Group. Retrieved 18 January 2021.
  10. ^ GmbH, finanzen net. "EQS-News: Zur Rose Group AG: Acquisition of the Spanish marketplace platform Promofarma". markets.businessinsider.com. Retrieved 2021-07-22.
  11. ^ GmbH, finanzen net. "EQS-News: Zur Rose Group accelerates internationalisation". markets.businessinsider.com. Retrieved 2021-07-22.