1945
The Second World War devastated the Marsman enterprises, which suffered
losses and damages in excess of US$50 million. Not to be daunted, the
Marsmans began to rebuild from the ruins after the war with the
reactivation of five gold mines and the trading business. Marsman and
Company represented all the major companies with interests in food,
pharmaceuticals and construction.
After the Japanese army retreated, the first shipments of flour and milk into a war-ravaged Philippines were financed by the Marsmans using their personal funds and credit to bring food to starving Filipinos. Construction and engineering departments were likewise reactivated to help in the task of reconstruction. Among their accomplishments were the UP Engineering Building, the Ambuklao Hydroelectric project and the Nichols Air Base, now the domestic airport.
1948
Walter Dumermuth, a Swiss national, was hired by Marsman and Company in
1948 to develop the company's pharmaceutical distribution. All the various
businesses were undergoing expansion at this point, with Pharmaceuticals
aggressively promoted by Dumermuth.