Dm-Drogerie Markt GmbH + Co. KG is Germany’s leading drugstore chain, also engaging through its own brands and holdings in the consumer staples sector. Headquartered in Karlsruhe, Germany, the company was founded in 1973 by Götz Werner.
A year after Götz Werner opened the company’s first location, Pfannkuch grocery chain owner Guenther Lehmann invested in the discount drug business, spurring DM’s growth and expansion. The first international location was opened in Austria in 1976. The company introduced its owns brands in the 1980s, including organic products. Throughout the 90s, DM grew its distribution and logistics operations while also opening locations throughout Eastern Europe, establishing stores in Hungary and the Czech Republic.
By 2000, the company had become Germany’s top drugstore chain and a champion of renewability. Werner stepped down as Chairman of the company in 2008 but remains on its Supervisory Board. In 2015, DM launched its own online marketplace.
Today, the company operates in 13 European companies with over 3,500 locations. The Lehmanns own 50 per cent of the company, generating approximately $12 billion in revenue.
- Family name: Werner family
- Sector: Consumer Products & Retail
- Founded: 1973
- Founder: Götz Werner
- Country: Germany
- Company headquarters: Karlsruhe, Germany
- Revenue: 9.9
- Employees: 55,143
- Website: dm.de
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