In the 175th year of its existence, the long-established Lübeck-based company Possehl was able to continue its successful and profitable growth course of the past years, even though the difficult and challenging macroeconomic environment did not leave the company entirely unscathed. “We are very pleased that our highly diversified group of companies has once again performed well under difficult market and environmental conditions and that we can offer our sole shareholder, the non-profit Possehl Foundation, the prospect of a stable dividend level. Our employees worldwide have once again performed outstandingly and made a decisive contribution…

Possehl Spezialbau GmbH, Sprendlingen, acquired all shares in JACBO Pfahlgründungen GmbH at the end of the past 2019 financial year.