Amerongen, Otto Wolf von - from Germany
Country of meeting: in the year 1978
He was one of the most influential German entrepreneurs of the post-war period: Otto Wolf von Amerongen, long-time president of the German Association of Industry and Trade.
In addition to his passionate commitment as an economic diplomat, Wolff succeeded in turning his father's legacy into a veritable industrial and commercial group. Otto Wolff AG achieved a turnover of more than 1.5 billion euros in the late 1980s. In 1986, he entrusted his son-in-law at the time, Arend Oetker, with the chairmanship of his company's executive board. He himself moved to the Supervisory Board.
The industrial core, steel processing as well as mechanical and plant engineering for raw material extraction and logistics, consisted of companies which today have an excellent economic environment. This applies to the PHB Weserhütte Group (PWH), an internationally important supplier of systems for bulk and general cargo logistics, as well as to Rasselstein, today one of the world market leaders in tinplate. The decline of the group began with the demise of PWH. In 1989 Wolff sold his companies to Thyssen.
https://www.faz.net/aktuell/wirtschaft/otto-wolff-von-amerongen-ist-tot-unternehmer-diplomat-und-wegbereiter-des-osthandels-1411193.html in the knowledge that his family business would be too small in the long term to survive in the face of competition at home and abroad.
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