The German Mittelstand – Ein Fachbeitrag (engl.)

Fachbeitrag im Journal of Corporate Renewal (JCR) zum Thema The German Mittelstand: A New Wave of Investment Opportunity?. Autor ist unser Managing-Partner Christian Wewezow (englisch).

Ein Auszug:

In February 2015, Warren Buffett’s Berkshire Hathaway acquired Detlev Louis GmbH, a German motorcycle parts retailer. According to published reports, the founder died without a successor, and Berkshire acquired the company from the widow for approximately €400 million ($449.4 million). The transaction made financial headlines because it is believed to be Berkshire Hathaway’s first acquisition of a midsized company in Germany.

Detlev Louis is one of the “Mittelstand” companies that drives the German economy. They are typically strong, well-run and -financed companies that produce quality products and are leaders in their industries. It sounds a lot like a typical Berkshire Hathaway acquisition, and, although it was smaller than a usual Berkshire deal, Buffett said that the acquisition was a “door opener” and was intended to “crack the code” in Germany. He added that he is on the lookout for more opportunities in the country.

Den gesamten Artikel gibt es auch online im Magazin zum Nachlesen:

https://www.tmajcr.org/journalofcorporaterenewal/july_august_2015?pg=13#pg13 (siehe Seite 12-18)