Doppstadt to relentlessly pursue growth with a competent partnerPublished 19/12, 2022 at 15:46
In the rapidly growing recycling market, Doppstadt wants to position itself as a leading enterprise and to continue growing. To this end, the company has searched for a strong partner for strategic growth with business synergies.
The growth strategy of the Doppstadt brand, one of Ferdinand Doppstadt’s principal holdings under the umbrella of LIG, is proving its worth right now in the present situation. Raw materials and energy shortages, climate change and rising prices offer the potential to enable the acceleration of organic growth and participate in the consolidation of the market. An equal partnership with the financially strong private investor, Custos Vermögensverwaltungs GmbH, allows the implementation of this growth strategy more quickly and consistently, thus strengthening the Doppstadt brand in the long term. Both partners will have a 50% share in the company.
“It was not the economically most attractive offer I chose, but the partner with the greatest business overlaps,” Ferdinand Doppstadt explains. Furthermore, Custos Vermögensverwaltungs GmbH is a family run enterprise, which identifies with a long term and rather conservative growth strategy as followed by Doppstadt.
The managers of the group of the Custos companies domiciled in Graz, Austria, are Dr. Wolfgang Leitner and his wife Dr. Cattina Leitner. Dr. Wolfgang Leitner has many decades of experience in strategic business management and development. The chemist (PhD) and manager is one of the most successful entrepreneurs in Austria. Together with Custos Vermögensverwaltungs GmbH, the Doppstadt Group will push on with its strategic growth strategy in the coming years.