Swiss Post buys document services firm

Swiss Post has bought the specialist document services firm oneReason AG through its subsidiary MailSource. The acquisition is designed to strengthen its special services for postal customers.

Based near Zurich airport, oneReason specialises in digital document management, particularly scanning and archiving. The former Siemens business unit, with annual turnover of some Sfr 4.5 million, will be integrated into the MailSource group.

MailSource, which provides internal postal services for companies, expanded in the USA in January with the acquisition of Forrest Solutions Inc., with 1,120 staff and turnover of some $44 million. In 2005, MailSource had turnover of Sfr 114 million.

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