Acquisition of a majority share in COLOP France

Austrian stamp manufacturer COLOP is happy to announce that it has acquired a majority share in COLOP France. COLOP sees the French market in particular as having a great deal of potential for expansion.

The COLOP company, which has held shares in COLOP France since 1991, is extending a warm welcome to the company from Bonneil Sur Marne (a suburb of Paris) and to the whole team.

Christian Pradel, founder of COLOP France, is taking his well-deserved retirement and handing over the reins to his son, Eric, who has up to now been Head of Sales and will take COLOP France forward as Managing Director. This will ensure COLOP and its 10 members of staff in France continue to achieve their customary levels of success.

A few comments from the contract signing ceremony:

Christian Pradel – outgoing Managing Director:

“I am delighted that COLOP Austria has taken a majority shareholding in COLOP France and that I am able to hand over a smoothly running business. I am particularly pleased that my son Eric is taking over as Managing Director. This will mean I continue to have a stake in the future of COLOP France.”

Eric Pradel - incoming Managing Director and longstanding employee of COLOP France:

“I would like to thank COLOP for placing their trust in me. Together we will be able to strengthen COLOP's position in France. Having been with COLOP France for many years, this unique stamp brand is a part of who I am.”

Ernst Faber:

“I want to pay tribute to Christian Pradel for his outstanding work for COLOP in recent years. Christian made a key contribution to the expansion of our brand in France, and I am delighted that we have been able to find such an exceptional successor in Eric. With the support of our phenomenal Austrian colleagues, we will scale even greater heights as we develop this important and strategic market.”

Your COLOP Team