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Asset acquisition of a competitor of Wollschläger’s size is a decision that must not have been easy for Lund. The market might have been pricing the acquisition after all. Without an investor, Andres could no longer administer Wollschläger GmbH & Co. It had survived a world war, the berlin wall, and the 2009 crisis.
If acquiring an entire company (Essener Arbeitsschutz GmbH in 2007) was not a complex project already, the introduction of SAP (ERP, EWM, PI and BI) followed in 2009. The global financial crisis of 2009 seemed to be over by then, at least in Germany. If you have not read part 1 yet, click here. Things were going good for Frank.
In fact, he's been known to quote the words of investor Paul Graham: "Startups = Growth." He views growth from the perspective of both the entrepreneur and the investor. Since its 2009 founding, one thing has been certain about Uber: It's experienced unequivocal brand growth. Brian Balfour ( BrianBalfour.com ).
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