Gerd Brachmann

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Gerd Brachmann (* 1959 in Bochum ) is a German entrepreneur . He was the founder and is currently chairman of the board of the electronics company Medion AG . In 2004 he owned seven video stores in the Ruhr area .

life and work

After graduating from high school, Brachmann completed an apprenticeship as a radio and television technician , then also as a foreign trade clerk . He has been working as an independent businessman since 1979. At the beginning he ran a shop for television, video and computer games in Essen-Überruhr . In 1983 he founded the "Brachmann & Linnemann OHG " together with Helmut Linnemann in Essen . A buyer friend of Eduscho'sis said to have given him the idea of ​​entering the Asian import business with non-food items, which the company started with a first batch of microwave ovens from South Korea. In 1985 the import and export company was renamed "Medion, Brachmann & Linnemann OHG". In 1994 Linnemann left the company for unknown reasons (now “Medion Brachmann OHG”). The company was later changed to “MEDION Unterhaltungsmedien Handels GmbH u. Co. KG ”(with the general partner“ MEDION Unterhaltungsmedien Handels- und Beteiligungsgesellschaft mbH ”). In 1996, Medion first delivered fully configured personal computers to Aldi . In 1999 Medion went public as a stock corporation. Brachmann's stake was 61.66 percent.

The Forbes magazine estimated in 2003 to be net private assets to 1.3 billion US dollars and put it thus in his list of the world's billionaires at No. 348 (corresponding to number 40 of the richest Germans). In 2004 it came in 406 with 1.4 billion US dollars (406th place among the richest Germans). Because his fortune was estimated at less than $ 1 billion in 2005, 2006 and 2007, he was no longer on the list in those years. In 2008 it came in 1062 with around 1 billion.

At the beginning of June 2011 it was announced that the Chinese electronics company Lenovo wanted to take over Medion for a total of 629 million euros. The shareholders were offered EUR 13 per share in cash. The previous majority shareholder, CEO Gerd Brachmann, made use of the offer for the most part. He sold 17.75 million shares (which corresponds to 36.66 percent of the total shares) for around 230.7 million euros.

Brachmann is considered to be public shy. Little is known about his private life, and he refuses to take portraits. For example, at general shareholders' meetings he only enters the hall after the last photographer has left him.

He is married and has six children. Brachmann lives in Essen.

swell

Individual evidence

  1. ^ "Forbes" list: Germany's richest rich in Spiegel Online from March 6, 2008
  2. ↑ Lenovo offers hundreds of millions: Chinese reach for Aldi suppliers in Süddeutsche Zeitung from June 1, 2011
personal data
SURNAME Brachmann, Gerd
BRIEF DESCRIPTION German entrepreneur
DATE OF BIRTH 1959
PLACE OF BIRTH Bochum