DocMorris AG | |
Type: | public limited company |
Industry: | Online pharmacy, e-commerce |
Founded: | 1993 |
Hq Location City: | Frauenfeld |
Hq Location Country: | Switzerland |
Key People: | Walter Hess (CEO) |
Num Employees: | 2’200 (2023)[1] |
Revenue: | CHF 1'608 million (2022) |
Net Income: | CHF -171 million (2022) |
DocMorris AG, (formerly: Zur Rose Group) is one of Europe’s largest online pharmacies with 10 million active customers.[2] [3] [4] [5] 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.[6] The DocMorris shares are listed on the SIX Swiss Exchange.
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.[7] 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.[8] 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, the third-largest online pharmacy of Germany.[9] 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).[10] The group also acquired two software companies; BlueCare AG (2015) and TeleClinic (2020), a telemedicine provider.[11]
Zur Rose Group IPOed on the SIX Swiss Exchange on July 6, 2017. 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.[12]
In 2022, the 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.[13]
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]
Zur Rose Group operates under the following brands:[15]