L. Possehl & Co. mbH - Similar companies

POSSEHL - The Entrepreneurs' Group Currently comprising nine divisions with more then 13,000 employees, the Possehl Group is ... present with its own companies in more than 30 countries on all five continents. The Group’s divisions are deliberately run independently of each other; they are managed autonomously and enjoy a great deal of entrepreneurial freedom in their operative decision-making. The Lübeck-based Management Holding L. Possehl & Co. mbh forms the common umbrella for all Group companies and defines the Group’s overarching objectives and strategies. The earnings achieved through the Group companies’ global entrepreneurial efforts are channelled towards the Management Holding by means of profit distributions and finally provided to the Group’s sole shareholder, the Possehl Foundation, to serve exclusively non-profit and charitable purposes in the City of Lübeck. -------------------------------------------------------------------------- Management Holding with Long-Term Objectives Stability and long-term corporate development are the key words that characterise Possehl Group’s business strategy. In line with this strategic course, we preferentially acquire equity holdings in companies operating in mature industries or niche markets. We manage our Group in a decentralised manner. Our lead companies are independently operating enterprises, which ensures that relevant decisions can be made directly and without delay in their respective markets. read more