Ludwig Merckle
Ludwig Merckle is a German businessman, CEO of Merckle Service GmbH.
- Most of Ludwig Merckle‘s wealth is from HeidelbergCement; he owns 25% after having sold nearly half the company following the 2008 financial crisis.
- He also owns a quarter of Phoenix Pharma Group, a drug wholesaler that also operates a chain of retail pharmacies.
- After his father Alfred’s death in 2009, Ludwig impressively turned around a tumbling family fortune mired in crisis and debt.
- To finance the rescue, Merckle sold drug maker Ratiopharm and nearly had to sell Phoenix.
- Merckle owns the snowcat maker Kaessbohrer and 50% of an engine manufacturer, Zollern.