BERLIN (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 15% from 10%, Lufthansa said late on Wednesday, making him the biggest shareholder in the German flag carrier.
Kuehne had boosted his stake in Lufthansa to 10% in April.
The German billionaire is also the controlling shareholder of Swiss logistics firm Kuehne & Nagel and has a 30% stake in container shipping company Hapag-Lloyd AG.
(Writing by Maria Sheahan, Editing by Miranda Murray)
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Klaus-Michael Kuehne is a German businessperson who founded Melmed Holding AG and IPMD GmbH and who has been at the helm of 6 different companies. Presently, Mr. Kuehne occupies the position of Chairman at Klaus-Michael Kuehne Foundation, Chairman at Kühne Logistics University GmbH, Managing Director at Melmed Holding AG and Managing Director & Director at IPMD GmbH. He is also on the board of Kühne + Nagel International AG (former Chairman), Altrazeal AG and Oradisc GmbH and Chairman of Kühne-Stiftung. In the past Mr. Kuehne was Chief Operating Officer at Meldex International Plc and Joint Managing Director at BioProgress Plc (a subsidiary of Meldex International Plc) and Senior Consultant at TSM Corp. Mr. Kuehne received an undergraduate degree from Bucerius Law School.
View full profile| Linked companies | |
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| IPMD GmbH | Founder |
| Melmed Holding AG | Chief Executive Officer |
