Schleswig-Holstein is Germany’s northernmost federal state and the only state with coasts on the North Sea and Baltic Sea. Due to its geographical location, Schleswig-Holstein has always been considered a bridge to Scandinavia. The state’s economy, which used to be strongly influenced by the maritime sector, is now more broadly based. This is also reflected in our list of German market leaders from Schleswig-Holstein: The presented companies belong to the largest companies in Schleswig-Holstein.
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1. Freenet AG, Büdelsdorf: 2.6 billion euros in sales
The small town of Büdelsdorf on the Kiel Canal is home to Germany’s largest network-independent telecoms company. Freenet was formed in 2007 through the merger of Mobilcom and freenet.de. But the two companies had a history together before that. “What belonged together grew together (again)”. Freenet sees itself as a “digital lifestyle provider”. Its business is divided into three divisions: mobile communications, TV and media, and other. The group employs about 4,000 people. Sales are handled by around 520 mobilcom-debitel shops and 40 Gravis stores in German cities, as well as numerous sales partnerships with electronics markets and specialist electronics retailers.
2. Drägerwerk AG & Co. KGaA, Lübeck: 3.4 billion euros in sales
Dräger has been in existence since 1889 and is one of Germany’s leading suppliers in the medical technology and safety technology sectors. The medical division accounts for around two-thirds of sales. Here, Dräger offers, among other things, ventilation equipment for intensive care and emergency medicine as well as anesthesia workstations. Dräger is the world leader in ventilation technology. In safety technology, Dräger supplies personal protection equipment, gas detection technology, system solutions for mining, military purposes and fire protection, as well as respiratory protection equipment, diving technology and measuring devices for alcohol or drug monitoring. The group employs almost 16,000 people. Almost three quarters of the common shares are held by the Dräger family, the non-voting preferred shares are traded on the stock exchange and are free float.
3. L. Possehl & Co. mbH, Lübeck: 4.4 billion euros in sales
The Possehl Group is a Lübeck-based company with a long tradition. It was founded as early as 1847 by Ludwig Possehl and originally dealt with the trade of coal and iron. Today Possehl is a broadly diversified conglomerate with around 160 domestic and foreign subsidiaries and more than 13,000 employees. Heterogeneous activities are united under the group umbrella: among others, construction services, document management systems, production of printing machines, other mechanical engineering, precious metal processing, production of electronic components for the automotive industry, software development and sales. The owner of the group is the Possehl Foundation – a charitable institution from the estate of the company founder. Its main purpose is to promote the city of Lübeck.
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