Commentary: Financial investors are neither saviors nor gravediggers
Family businesses are more frequently considering selling their companies or parts of them. The reasons for this are multifaceted, and the trend will intensify.
The sale of Viessmann's heating and heat pump business to US company Carrier in 2023 has prompted many family businesses to reevaluate their future. Firm owners are now considering taking on external owners or investors. The uncertainty facing companies has increased due to geopolitical conflicts, trade barriers, and disruptions from digitalization and AI, which require more money and bigger steps to stay competitive.
This has led to discussions about whether to pass on the challenges to the next generation. Many family businesses are feeling the strain of these simultaneous challenges.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.