Magazine

Table: Ehlerding's Rise


1960s

Still a college student in his twenties, Karl Ehlerding raises $135,000 from friends and relatives to buy an ailing railroad line. Closes the railroad, sells the real estate, and more than triples investment.1991

Converts WCM, the shell of an 18th-century textile company, into a vehicle for investments.1995

WCM moves from real estate to buying and reselling undervalued companies such as grocery chain Spar Handels.2001

WCM concludes hostile takeover of machine-tool maker Kl?ckner-Werke. Announces aim to make another acquisition for up to $3.5 billion within a year.

Data: WCM, BusinessWeek


Soul Searcher
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus