Skip to main content

Liebherr to remain family affair after bosses’ give children shares

Liebherr bosses have ensured the company continues to remain independent and family-run by transferring some of their shares in parent company Liebherr International AG to their children.
April 24, 2012 Read time: 1 min

RSS718 Liebherr bosses have ensured the company continues to remain independent and family-run by transferring some of their shares in parent company Liebherr International AG to their children. The move by Willi Liebherr, Liebherr Group president, and Isolde Liebherr, his sister and Group vice president, will see future individual Group divisions managed by the president and vice president jointly with a representative of the third family generation consisting of Jan Liebherr, Stéfanie Wohlfarth, Sophie Albrecht and Patricia Rüf. Formed by Hans Liebherr in 1949, Liebherr’s first mobile tower crane laid the foundation for its success. The business, whose parent company is based in Bulle, Switzerland, employs more than 35,000 people. It is one of the world’s largest manufacturers of construction machinery but also an acknowledged supplier of advanced technical products and services in many other business sectors.

For more information on companies in this article

Related Content

  • Denmark reconsiders a Kattegat link
    May 10, 2023
    A bridge would cross the Kattegat Strait between the Jutland peninsula city of Aarhus - Denmark’s second largest city after the capital Copenhagen - and Kalundborg, a small city of 17,000 on the western shore of Zealand Island.
  • XCMG sets out six stage path for future plans
    October 14, 2013
    XCMG has seen strong exports, with one deal in particular providing a major boost to turnover - Mike Woof writes It is rare that a single machine order can provide a substantial portion of a large manufacturer’s annual results. However the firm’s massive contract signed with the Venezuelan Government was a major boost to XCMG; the supply of no less than 6025 machines in a deal worth some US$750 million. This order came at an important time for the company when the world demand for construction equipment sl
  • Bosnia road tunnel under construction
    August 12, 2021
    A key road tunnel link is under construction in Bosnia.
  • Gothenburg in winter data project
    October 8, 2021
    The Swedish city of Gothenburg will start a two-year digital road condition data collection project in order to improve the efficiency of winter road maintenance