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Jeffrey Raider and Andy Katz-Mayfield stood on top of two wooden crates in the middle of a distribution facility in Eisfeld, Germany, and announced to 427 employees that their factory had been acquired by Harry's, a 10-month old startup from New York
"We were speaking to them in English and it was being translated into German by the senior team," recalls Raider, who cofounded Harry's with Katz-Mayfield. "We weren’t sure of the translation. We just saw people nodding their heads."
That was back in January when Harry's, a startup that sells shaving products, surprised many by announcing that it had raised a massive $122.5 million in financing, largely to acquire a 93-year-old razor manufacturer in Germany called Feintechnik. Harry's later purchased a building across the street from the factory. Read more...
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