The company exchange Grönig & Kollegen AG sells an online trading company for aluminium and copper products.
The company concerned is active in the field of trading in aluminium and copper products in small quantities and with 8 employees has a turnover of 1.4 million euros.
The company is located in Lower Saxony.
During the sales process the main task was to identify a number of potentially interested parties. The sale took place via online portals.
Once the company valuation had been prepared, a meaningful sales memorandum was drawn up.
In the course of the sales process, the company exchange Grönig & Kollegen AG succeeded in finding the ideal strategic partner via the company exchange's various networks. By building up alternative interested parties, dependency on a single interested party was removed.
The company exchange Grönig & Kollegen AG coordinated all personal discussions between the buyer and seller. Due to the pandemic, the meetings could only be conducted by video conference.
The company exchange Grönig & Kollegen AG particularly distinguished itself through the sector expertise of its consultants. Their continuous presence when questions arose was seen to be a very positive support throughout the company sales process.
The employees of the company exchange Grönig & Kollegen AG accompanied the entire sales process from the awarding of the contract, the company valuation and then during the search for the right investors. An LOI was drawn up and due diligence was carried out. The consultants gave their support during the preparation of the purchase contract, and accompanied the entire process up to the payment of the purchase price and the handover at the agreed time.
The seller's goals were met. A successful company sale took place, and the seller now has sufficient liquid assets for the next stage of life.