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DocMorris

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DocMorris AG
Company typepublic limited company
SIX: DOCM
ISINCH0042615283
IndustryOnline pharmacy, e-commerce
Founded1993
Headquarters
Frauenfeld
,
Switzerland
Key people
Walter Hess
(CEO)
RevenueDecrease CHF 1'608 million (2022)[1]
Increase CHF -171 million (2022)[1]
Number of employees
Decrease 2’200 (2023)[2]
Websitecorporate.docmorris.com

DocMorris AG, formerly Zur Rose Group, is one of Europe's largest online pharmacies with 10 million active customers.[3][4][5][6] It operates in Germany, the Netherlands, Spain, France and Switzerland. Its services are offered under various brands, DocMorris being the most well-known one. It has developed into a comprehensive digital health service provider including e-commerce pharmacy, marketplace and professional health products and services.[7] The DocMorris shares are listed on the SIX Swiss Exchange.

History

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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.[8] The former company name derived from the house Zur Rose in Steckborn, Switzerland, where the first stationary pharmacy of the company was opened. From it, doctors from the region were supplied with medicines.[9] 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.[10] 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).[11] The group also acquired two software companies; BlueCare AG (2015) and TeleClinic (2020), a telemedicine provider.[12]

Zur Rose Group IPOed on the SIX Swiss Exchange on July 6, 2017.[12] 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.[13]

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]

In May 2023, the Zur Rose Switzerland business was sold to the Migros subsidiary Medbase. Following this event Zur Rose Group AG was renamed DocMorris AG and the stock market ticker symbol was changed from ROSE to DOCM.[14]

Brands

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Zur Rose Group operates under the following brands:[15]

  • DocMorris
  • medpex
  • Eurapon
  • Apo-rot
  • apotal.de
  • TeleClinic
  • eHealth-Tec
  • PromoFarma[16]
  • DoctiPharma[17]

See also

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References

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  1. ^ a b c "Zur Rose Group: Revenue and earnings targets for 2022 achieved; significant step towards profitability". finanzen.ch. 2023-03-23. Retrieved 2023-04-05.
  2. ^ "Profile". DocMorris. Retrieved 31 July 2023.
  3. ^ Rogler, Olga (2022-03-31). "Zur Rose-Aktie: So wurde die Zur Rose Group zu Europas grösster Versandapotheke". finanzen.ch. Retrieved 2023-07-31.
  4. ^ "Research and Markets 04/20 - Europe's Online Pharmacy Industry, 2020 Analysis by Platform, Type and Geography". Research and Markets. 2020-04-08. Retrieved 2023-07-31.
  5. ^ "Online Pharmacy Zur Rose Is Weighing Options Including Sale". Swissinfo. 2022-08-22. Retrieved 2023-07-31.
  6. ^ "Zur Rose Group AG". Retrieved 2023-07-31.
  7. ^ "ZUR ROSE VERSUS SHOP APOTHEKE Wer hat das bessere Rezept für den Markt von morgen?". Deutsche Apotheker Zeitung. 2021-08-09. Retrieved 2023-07-31.
  8. ^ Rogler, Olga (31 March 2022). "Zur Rose-Aktie: So wurde die Zur Rose Group zu Europas grösster Versandapotheke". finanzen.ch. Retrieved 8 March 2023.
  9. ^ "So kauft Zur Rose trotz Fremdbesitzverbot deutsche Versender". Deutsche Apotheker Zeitung. 8 November 2018. Retrieved 8 March 2023.
  10. ^ "Online Pharmacy Zur Rose Is Weighing Options Including Sale". Swissinfo. 22 August 2022. Retrieved 8 March 2023.
  11. ^ "Acquisitions by Zur Rose Group". Tracxn. 13 October 2022. Retrieved 8 March 2023.
  12. ^ a b "Zur Rose Group History". Zur Rose Group. Retrieved 18 January 2021.
  13. ^ "Zur Rose und Migros starten offiziell mit Gemeinschaftsunternehmen" (in German). Blick. Retrieved 18 January 2021.
  14. ^ "DOCMORRIS N - Price, chart and reference data". SIX Swiss Exchange. Retrieved 2023-08-02.
  15. ^ "Zur Rose Group Markets & Brands". Zur Rose Group. Retrieved 18 January 2021.
  16. ^ GmbH, finanzen net. "EQS-News: Zur Rose Group AG: Acquisition of the Spanish marketplace platform Promofarma". markets.businessinsider.com. Retrieved 2021-07-22.
  17. ^ GmbH, finanzen net. "EQS-News: Zur Rose Group accelerates internationalisation". markets.businessinsider.com. Retrieved 2021-07-22.
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