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B2B Wholesale & Distribution: Challenges and Triumphs of Industrial Wholesale Companies Facing Insolvency in Germany

QYMATIX

It’s important to note that internal factors such as leadership changes and decision-making struggles can also play a role in financial difficulties. Despite surviving World War II, the Berlin Wall, and the 2009 crisis, it could not withstand insolvency. Its history began in 1937 in a garage in Danzig.

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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. 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.

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B2B Wholesale & Distribution in Germany: Insolvency.

QYMATIX

Additionally, internal problems such as management changes and difficulties in decision-making also contributed to the company’s financial troubles. The investor Fischer Group acquired the machines of the insolvent Ludwig Leuchten GmbH in an asset deal in February 2023. You can read our four-part story here.

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The Growth Hacking Playbook: Your Ultimate List of Growth Hack Resources

Hubspot Sales

It takes your existing content and updates it to increase conversion rate, making things like your landing pages and blog posts perform better, without having to create new content. We believed that we could increase our active users by making our 'loaner' video more educational and product focused." Growth Hacking Examples.