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Würth buys Liqui Moly
Big effect in the lubricants industry: Würth takes over Liqui Moly. Ernst Prost, Liqui Moly Managing Director, likes to call his employees fellow entrepreneurs. As part of the takeover by Würth, Prost wrote a detailed letter to his fellow entrepreneurs, which should leave no room for speculation. The letter literally says: "And please don't let yourself be led into dark thoughts or irrational assumptions. Not a single job will be eliminated here, we will not be merging any departments, nothing will be rationalized away and we will definitely retain our independence as a company and as a team!" By the time it was taken over, Würth had already been...
Würth buys Liqui Moly
Big effect in the lubricants industry: Würth takes over Liqui Moly. Ernst Prost, Liqui Moly Managing Director, likes to call his employees fellow entrepreneurs. As part of the takeover by Würth, Prost wrote a detailed letter to his fellow entrepreneurs, which should leave no room for speculation.
The letter literally says: "And please don't let yourself be led into dark thoughts or irrational assumptions. Not a single job will be eliminated here, we will not be merging any departments, nothing will be rationalized away and we will definitely retain our independence as a company and as a team!"
Before the takeover, Würth had been a silent partner at Liqui Moly for almost 20 years.