Wolfgang Grupp's suicide attempt and its aftermath on Trigema (organization or individual remains unspecified)
Trigema's Generational Leadership Change: A Successful Transition
Trigema, the German textile and clothing company known for its 100% "Made in Germany" underwear, leisure, and sportswear, has undergone a significant generational change in its leadership. This transition, which began in 2012, was marked by the commitment of Wolfgang Grupp, the company's longtime owner, to maintain family ownership in its third generation.
In an interview published in the "Stuttgarter Zeitung" and "Stuttgarter Nachrichten" on a Friday, Wolfgang Grupp's daughter, Bonita, expressed her belief that they have handled the transition well. Since her father's departure, Bonita has been sharing responsibilities with her brother, Wolfgang junior, at Trigema.
Wolfgang Grupp took over Trigema, a company founded by his grandfather, in 1969. His leadership helped the company move out of the red, and by 2023, Trigema's production turnover reached 129.3 million euros, employing over 1,140 people.
The transition involved a formal corporate restructuring. In October 2023, Wolfgang Grupp transferred company assets into a newly established limited partnership (Kommanditgesellschaft, KG), making his son the personally liable partner as of 2024, while Bonita and his wife Elisabeth became limited partners. Bonita also leads as managing director of the other general partner entity, Trigema Verwaltung GmbH, and Elisabeth holds single procuration for the KG.
Regarding the impact of a suicide attempt by Wolfgang Grupp on the family business, no credible information or reports about any such incident appear in the available sources. Therefore, it can be concluded that there is no public or verifiable information about a suicide attempt by Wolfgang Grupp affecting Trigema or its leadership transition.
In the new leadership structure, decisions that were previously made by Wolfgang Grupp alone are now shared among several people. Bonita Grupp communicated this change to the employees of Trigema. The new leadership team, led by Wolfgang junior and Bonita, is focused on carrying forward the legacy of the company, ensuring its continued success in the future.
A video of Bonita Grupp's interview about the generational change at Trigema is available for those interested in learning more about the transition. Trigema, with its commitment to quality and its "Made in Germany" products, continues to be a leading player in the textile industry.
- In the new leadership structure at Trigema, science and relationships play a significant role as decisions that were previously made by Wolfgang Grupp alone are now shared among several people.
- To maintain family ownership in its third generation, Wolfgang Grupp has applied business strategies and finance principles to gradually transition Trigema's leadership to his children, Bonita and Wolfgang junior.
- The health-and-wellness of the family and the company has been a top priority during the transition, as demonstrated by Bonita's dedication to managing the company alongside her brother and maintaining open lines of communication with employees.
- The successful generational change at Trigema has had a positive impact on the company's lifestyle and image, further solidifying its position as a leader in the textile industry and a model for family-dynamics in the business world.
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