Every second German family business is facing a generation change in the next few years. In the IHK district of Osnabrück, Emsland, Grafschaft Bentheim, as many as 59% of all company owners are older than 60. Consequently, this wave of succession is both a challenge and an opportunity for the IHK district, which is dominated by family businesses. As generational changes are increasingly rarely implemented within the family, the number of company sales in Osnabrück is expected to rise. This is because company acquisitions offer family businesses opportunities for the targeted expansion of their own market position. In short, they act as growth accelerators and can alleviate the shortage of skilled workers.
Company bosses are getting older
Well over half of all company owners in the region are older than 50 years,” says Ingo Claus by KERN - Company succession. More successful. He adds: “In the next five years, more than 3,000 entrepreneurs in the IHK district will have to face the question of succession. More than 80 of these companies are located in the city of Bramsche alone? This alarming development affects the future of more than 15,000 jobs. At the same time, it is currently still masked by a very good order situation in the SME sector.
Profit from company sales in Osnabrück
However, this development also opens up great opportunities for medium-sized companies. After all, fewer and fewer generational changes are being implemented within the family. As a result, the supply of companies ready to take over will rise sharply in the future. Because the good employment situation is also exacerbating the current Lack of successors. For this reason, many family entrepreneurs make targeted use of a company purchase. In this way, they can give their own company an impetus for growth. And, quite incidentally, every successfully implemented business succession secures jobs. It also strengthens the economic power and prosperity of the Osnabrück Emsland region.
An expert lecture by the Osnabrück Chamber of Industry and Commerce and the Bramsche Economic Development Agency on 8 June 2017 in the town hall of the cloth-making town will highlight the opportunities and stumbling blocks of a company purchase for family businesses.
But what do buyers have to be prepared for?
The lecture uses many practical examples to answer the following questions, among others:
- How do I search for and where do I find a company to buy?
- What is the difference between enterprise value and enterprise price?
- What should be taken into account when conducting negotiations and balancing interests?
- How are transferors and employees involved in the company takeover?
- What tax and legal issues need to be considered?
- What needs to be considered during the preliminary contract, the inspection and the final purchase contract?
- What should be considered when integrating the new company into an existing structure?
The lecture is aimed at entrepreneurs who are thinking about buying a company. In addition, the contents are also suitable for company owners who are thinking about selling a company and want to find out about the expectations of interested parties.
The event is free of charge. The registration can here take place.
Tips for further reading:
Practical example of a successful company succession in the skilled crafts sector
Interview: Preparing the succession within the family well
10,000 company successions in Osnabrück
Comment: Unresolved company successions endanger our prosperity
One third of all craft enterprises face business succession in Grafschaft Bentheim
Company successions in East Westphalia and Bielefeld are on the rise
The costs of a business succession or an M&A project
How do you recognise a reputable business sale advisor?
Overall, every second family business in Germany is facing a generational change. In the Osnabrück, Emsland, Grafschaft Bentheim district of the Chamber of Industry and Commerce, as many as 59% of all company owners are older than 60. Therefore, more than 3,000 entrepreneurs here have to ask the question about succession. Of these, more than 15,000 jobs are threatened. Moreover, this development is currently still masked by a very good order situation in the SME sector.
As a buyer, you can profit wonderfully from the trend. After all, you can choose from a large number of companies that are ready to be handed over. This allows you to give your company a fresh impetus for growth. You also secure jobs and strengthen the prosperity and economic power of the Osnabrück Emsland region.
