Walter Droege is a 64-year-old businessman in Germany. According to Forbes, Walter Droege is ranked as 112th in the world and 15 in Germany in the list of billionaires across the globe.
Walter has a net worth of $7 billion as of February 2020. He is known to be a totally self-made businessman who excelled in consulting. Walter Droege is a German citizen. He lives with his wife as residents of Dusseldorf, Germany.
Walter Droege Personal Details
Walter is married to Hedda Brahm. The couple founded the Droege International Group in the year 1988. Also, they both work as a Board of Directors members for the same Droege International Group in Dusseldorf.
Walter Droege owns around 80% of the company. Walter Droege serves as a CEO and Executive Managing Director. Hedda Brahm Droege is the vice-chairwoman of the supervisory board, owns the rest.
Walter Droege Early Career
Metric Germany was established in 1978. It was the listed company in the Frankfurt stock exchange. The company is a solution provider of ticketing systems. Also, there is a mobile data collection system that operates in Hannover. METRIC UK is the subsidiary of METRIC Germany and was acquired in 1999.
Its special products include parking machines that operate in Swindon, UK. Also, Almex GmbH is a newly incorporated subsidiary in Germany. It is under Tri Star GmbH; a wholly-owned German Subsidiary company purchased METRIC Germany. They operate under the brand name Almex. Almex GmbH has a registered capital of EURO 800000 or $1229928.
Walter Droege Career
Droege International Group Company, founded in 1988, has its headquarters in Dusseldorf. Because it is the largest business company spread across the globe. The company excels in restructuring, consulting, and corporate advisory practices. But the company earns annual revenue of around $8 billion. Also, there are around 62000 employees working in office spread across the 30 countries all across the globe.
Walter believes in a hybrid business model. But he offers excellent external consultancy to all his clients. Walter Droege actually goes for strategies like direct buying and building investment. Because this method is practiced mostly to incorporate subsidiaries.
Additionally, there are medium-sized companies in some situations. There are also joint venture programs. These are mainly to aim at emerging high growth companies. These include companies having traditional sectors. The portfolios are familiar to the operations of the Droege International Group Company.
Droege International Group Company offers management and capital resources. Because the company is proud of providing its value-added know-how methods. Also, Droege uses the principles of entrepreneurship as a service.
The Droege International Group Company guides clients who want to develop and implement future-oriented plans. During those special cases, the Droege International Group Company uses digital business models.
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