We are Possehl—a Group built on entrepreneurship. With ten operationally independent divisions and over 200 companies, we offer a unique blend of global reach and regional roots. Our entrepreneurial spirit and commitment to innovation drive long-term success for each company and the Possehl Group as a whole.
Under the umbrella of the Lübeck-based holding company L. Possehl & Co. mbH, we operate across five continents, with over 13,500 employees in more than 30 countries.
Our profits are directed to the non-profit Possehl Foundation, our sole shareholder, to support charitable causes exclusively in Lübeck.
With our sole shareholder – the charitable foundation Possehl Stiftung – we have been keeping an eye on social issues for more than 100 years. The foundation enriches the vibrant community of Lübeck by supporting charitable institutions, empowering youth, promoting the arts and sciences, and assisting individuals in social need.
Together, we can take pride in our successful history. For over 175 years, we have continually reinvented ourselves, cultivating a future-proof identity rooted in reliability and diversity. It is this wealth of experience that empowers us to approach the future with optimism and purpose.
At Possehl, each company operates with independence. Our Group companies are led by passionate entrepreneurs who deeply understand, love, and take full responsibility for their businesses. We place a high value on bottom-line accountability, with clear roles, extensive decision-making authority, and measurable success criteria.
We don't conduct business for the benefit of a few, but always for the greater good. All income generated by the Group is either reinvested to strengthen the organization or directed toward the common good. Our commitment is to act responsibly, ethically, and with integrity, ensuring that we treat all our stakeholders with respect.
Our tradition means change and we choose to never rely on the familiar. We prefer to shape the future every day. We are on the side of innovation and sustainability, but we always think long-term and consciously act between the poles of profitability and long-term investment in the future.
We compile diverse markets, numerous companies, and, most importantly, a wide range of people. What unites us is the Group's steadily growing ecosystem with shared values and goals for the future. We value and promote diversity as one of our greatest strengths and welcome everyone, regardless of origin, gender, age or other individual characteristics.
We continuously strive to boost the Group’s earnings, ensuring long-term value creation and securing our stability and independence. By pursuing strategic acquisitions and acting as a reliable partner to the management teams of our subsidiaries, we foster sustainable growth and success.
M&A transactions
Active sparring partner
We strive to to pay our owner, the charitable foundation Possehl-Stiftung, a stable dividend based on the Group's success. We achieve this through long-term earnings and investment planning and a conservative balance sheet policy. Our diverse and continually expanding portfolio – comprising companies with varying economic cycles, business models, and regional focuses – enhances our strength.
Balance sheet policy
Portfolio diversification
At Possehl Group, we see it as our duty to take social responsibility. We place people at the center of all decisions, communicate on an equal footing and handle a decentralized management model at all times. Employee representatives, work councils and trade union representatives are regular and welcome discussion partners for our management teams.
Decentralized management model
Open corporate culture
Copyright © 2024 L. Possehl & Co. mbH
Beckergrube 38-52 | 23552 Lübeck, Germany
Postfach 1684 | 23505 Lübeck, Germany
