This video was made at GREIF VELOX in Lübeck, a BPE portfolio company acquired in an MBO in 2018.
Yes, the acquired site ordinarily represents an indispensable asset to the company and is therefore an important basis of the acquisition. Since BPE is neither a strategic acquirer nor a competing company, the acquired site is crucial in most cases.
Just like the preservation of the company site, the retention of the workforce is of fundamental importance, as it represents an essential asset to the company. The local roots and consistent specialisation is a hallmark of German ”Mittelstand” companies. We see an experienced and effective workforce as the capital and the basis for further successful development of a company.