Business unit (spin-off) in the field of microfiber products sold successfully
The UnternehmensBörse Grönig & Kollegen AG realized the sale of a division of a medium-sized enterprise.
The division in question is specialized in the distribution of highly innovative microfiber products. The microfiber offered is of higher quality than the commercially available microfiber. It operates under its own trademark. The customer base includes commercial customers from various industries and in several European countries.
Due to the further expansion in the core area of the main company and with the goal to concentrate more on the core business, this division was to be sold. Talks were held with various companies from the industry. In the end, the business area was taken over by two entrepreneurs who wanted to further expand this area.
Thanks to the intensive preparation of the sale by the consultants of the UnternehmensBörse Grönig & Kollegen AG, the sales process, from the placing of the order to the sale itself, could take place within a few months. The seller can now concentrate on his core business and the buyer has the opportunity to implement a further expansion of the division. Overall, all parties were very satisfied with the process and the result.