1948 >> Rebirth and International Growth
Not until the currency reform of 1948 are the conditions in place for the Company to be rebuilt. The Company management takes small steps towards rebuilding what remains of old business relationships. New contacts are soon made. At the beginning of the 1950s, there is a strong spurt in business activities. A highly successful decade for the business follows. In 1965, Possehl records consolidated Group net sales of DM 831 million.