Company succession within the family – the company exchange Grönig & Kollegen AG successfully carries out company transfer

The company in question, from North Rhine-Westphalia, is active in the field of the trade and sales, as well as service maintenance, of medical technology. Its turnover is around 1.0 million euros.
Due to the unexpected death of the owner, the heirs faced the challenge of succession planning. At first, the intention was to sell the company to an investor.

After accepting the mandate, the company exchange initially began to identify target buyer groups with synergy potential. For the next step, the employees of the company exchange examined MBI and MBO candidates.

The sales process was very promising. There was a multitude of interested parties. The consultants at the Grönig & Kollegen AG company exchange conducted particularly intensive preparatory discussions with a select group of interested parties.

At a later point, the interim managing director and family member decided to buy the company himself after all. The purchaser was given intensive support during the takeover. 
A big advantage for the purchaser was that he could take over the experienced team and develop it further.
The heirs were most satisfied and happy with the takeover within the family.