How to earn it

  • Klaus Meitinger

Tailwind for TubeSolar.

(Reading time: 3 - 5 minutes)
In issue 02/2021, we had introduced the company TubeSolar AG to you in the "World Savers" section (link "Double Yield"). The Augsburg-based company wants to generate electricity with solar panels in tube form. In addition to being used on commercial and industrial roofs, they will be mounted on stilts above agricultural land so that tractors can drive underneath them. Because the solar tubes are arranged in a grid design, they also allow sunlight and rain to pass through. The effect: photovoltaics and agriculture can be operated together on the same land. On February 10, the German government presented proposals to promote such agri-PV systems. In future, they are to be permitted in principle on all arable land, provided that agricultural...

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  • Silke Lauenstein

Softing – on the verge of a breakthrough.

(Reading time: 3 - 5 minutes)
"The best is yet to come," said Wolfgang Trier a year ago in private wealth's entrepreneur portrait ("Der Optimist," link). Trier had joined Softing AG as an investor in 2002, saved the company from bankruptcy as CEO and since then had steered it through some ups and downs. Despite the constraints imposed by the pandemic, the entrepreneur had remained optimistic a year ago. "For 2021, we have our sights set on a return to the 2019 figures. In 2022 - then hopefully beyond Corona - we want to hit the 100 million sales mark." A check shows: True, Corona also slowed Softing's business development more significantly than expected in the past year. But the trend is right. In the largest segment (Industrial) and the smallest (IT Networks), sales...

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  • Silke Lauenstein

Deal done.

(Reading time: 1 - 2 minutes)
  In the latest issue, private wealth told the exciting story of entrepreneur Arne Weber (Once China and back, LINK to article). It concluded with Weber's plan to bring his company Faytech into the listed Mic AG in order to grow faster together with Mic's wholly owned subsidiary Pyramid. Now the deal is in the bag. On December 24, Mic AG signed the purchase agreement to acquire all shares in Faytech AG. The purchase price is limited to a maximum of 15.86 million and comprises three components. First, a cash payment of maximum 4.53 million euros. Secondly, a share component of a maximum of 4.19 million euros in mic shares - the issue price for the capital increase through contributions in kind due will be between 2.97 and 3.30 euros....

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  • Klaus Meitinger

"Idorsia will be our legacy."

(Reading time: 9 - 18 minutes)
entrepreneurship. The couple Martine and Jean-Paul Clozel sold their first start-up - the biopharmaceutical company Actelion - for $30 billion in 2017. "We didn't sell, we were bought," the founders specify, "that's a huge difference." In the successor company Idorsia, the two want to continue researching unknown drugs, continuing what they started at Actelion. "Idorsia should be like Actelion, only more successful, better and made to last." Our entrepreneurial goals have always been very clear," says Jean-Paul Clozel. "We want to discover things that others haven't discovered. We want to see how the projects we've started turn out. We want to commercialize them ourselves. In short - we want to continue on our paths. That's why we want...

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  • Gerd Hübner

Once China and back.

(Reading time: 6 - 11 minutes)
Expansion strategy. Arne Weber and his wife Fan Yang have successfully built up a tech company in China. In order to accelerate growth, the entrepreneur is now turning his attention back to his home country. An exciting adventure journey between different cultures and company structures is heading for a happy ending. "When I look back at the past three years, everything that could go wrong actually went wrong," says Arne Weber, founder and owner of Faytech AG: "After growing our start-up in China from zero to around $25 million in revenue from 2008 to 2018, we strategically prepared to jump over the $100 million revenue mark." Three new manufacturing halls. A new organizational structure. A new IT system. The year 2020 was supposed to...

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