Delton AG
Encyclopedia
DELTON AG is a strategic management
holding company
(located in Bad Homburg
, Germany) that manages value creating business activities in the sectors of pharmaceuticals, household products and logistics
.
With a workforce of around 12,000 employees, the DELTON Group generated sales of about €
2.5 billion in fiscal year 2008.
The sole shareholder of DELTON AG is Stefan Quandt
. He is the fourth generation of Quandt family entrepreneur
s.
Strategic management
Strategic management is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments...
holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
(located in Bad Homburg
Bad Homburg
Bad Homburg vor der Höhe is the district town of the Hochtaunuskreis, Hesse, Germany, on the southern slope of the Taunus, bordering among others Frankfurt am Main and Oberursel...
, Germany) that manages value creating business activities in the sectors of pharmaceuticals, household products and logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
.
With a workforce of around 12,000 employees, the DELTON Group generated sales of about €
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
2.5 billion in fiscal year 2008.
The sole shareholder of DELTON AG is Stefan Quandt
Stefan Quandt
Stefan Quandt is a German engineer and industrialist. He is ranked as the 72nd richest person in the world in the Forbes list of billionaires, who put his personal wealth at $10.7 billion...
. He is the fourth generation of Quandt family entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
s.