Managing Director, Armira
WHU-Alum Philipp Schack is Managing Director at the Munich based industrial holding Armira. Focusing on direct equity investments in privately-held, medium-sized “Mittelstand” businesses in Germany, Austria and Switzerland, Armira invests in established, profitable companies typically generating up to EUR 500m in sales. The group today comprises of 9 companies with a turnover of more than 1 billion Euros and nearly 7.000 employees. Before joining Armira as Managing Director, Mr Schack has collected extensive investment banking experience through working at Goldman Sachs and JP Morgan & Co. For the longest part of his career, Mr Schack managed two German medium-sized companies. Firstly, he led and restructured the family business followed by the successful MBO and development of TITAL. He earned his MBA at ESC Lyon and WHU Koblenz.