Succession Plan for Manufacturing Group
Date:
Jan 15, 2025
Address:
Munich, Germany
Budget:
€45.000.000
Project Mission
Athena Consulting worked over 12 months to craft a tailored exit strategy for the family-owned manufacturing group, which employed 300 workers. The mission involved identifying a suitable buyer, ensuring job security for employees, and securing a favorable deal for the owners, all while maintaining the company’s reputation for quality in the German industrial sector.
The Challenge
The key challenge was mitigating the impact of market volatility in the manufacturing sector, which saw fluctuating demand for industrial goods during the transition period. Athena Consulting had to time the sale strategically to avoid a downturn, while also addressing employee concerns about potential layoffs under new ownership.