In 1949, he participated at the former Buchclub Ex Libris, which was integrated in the Migros group in 1956.[3] The Zürich-based Reederei Zürich AG ordered at the H. C. Stülcken Sohn shipyard in Hamburg, Germany, the cargo ship Adele which was launched in Hamburg on 15 July 1952, the ship was christened by Adele Duttweiler, the wife of Gottlieb Duttweiler, on behalf of the Federation of Migros Cooperatives (Migros Genossenschaftsbund).[4] In 1958, he founded the Migros Bank.