About
- Name: PETER UNGER
- English name: PETER UNGER
- Native name: ---
- Alias: ---
- Award: ---
Description: From a single location opened in 1985, peter unger built his namesake auto parts and repair outfit auto-teile-unger (a.t.u.) into a nationwide chain. in 2002, he sold 72% of the company for $900 million. two years later, he sold his remaining stake for $360 million. today, a.t.u has over 550 stores in germany and austria generating annual sales of about $1.2 billion. the company has roughly 10,000 employees. residing in bavaria, unger now invests in listed companies, startups and both residential and commercial real estate throughout germany. investments include food hygiene company aquagroup, a bike center focused on electric bicycles, and sensor technology startup tacerion.
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