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The History and Downfall of a German Wholesale Company “Wollschläger” – Part 1

QYMATIX

Almost all new offices in Germany resulted from short-term acquisitions of smaller regional dealers. In 2001 Frank Wollschläger hired Frank Haberstock, to manage his newly open Hanover branch office. Haberstock accepted the management of the Hamburg office in 2007. Were all these mergers and acquisitions a good idea?