We felt the need to share one of biggest losers in business history with you our audience!
Metallgesellschaft AG was formerly one of Germany’s largest industrial conglomerates based in Frankfurt. It had over 20,000 employees and revenues in excess of 10 billion US dollars. It had over 250 subsidiaries specializing in mining, specialty chemicals (Chemetall), commodity trading, financial services, and engineering (Lurgi). Henry Merton & Company, Ltd formerly been a branch of the Metallgesellschaft . Read the rest of this entry →