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The History and Downfall of a German Wholesale Company “Wollschläger” – Part 2

QYMATIX

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. On the 1st of June of the same year, the Wollschläger Group granted Frank Haberstock power of attorney and appointed him to the management team. Yes, it should.

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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?