{"id":7273,"date":"2021-01-13T16:05:45","date_gmt":"2021-01-13T15:05:45","guid":{"rendered":"https:\/\/www.bpe.de\/succession-solution\/"},"modified":"2022-03-01T12:03:16","modified_gmt":"2022-03-01T11:03:16","slug":"succession-solution","status":"publish","type":"page","link":"https:\/\/www.bpe.de\/en\/succession-solution\/","title":{"rendered":"First questions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7273\" class=\"elementor elementor-7273 elementor-1453\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-b0ddc4b elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"b0ddc4b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-87557de\" data-id=\"87557de\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-31fc49f elementor-widget elementor-widget-template\" data-id=\"31fc49f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7573\" class=\"elementor elementor-7573 elementor-1842 elementor-1842\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-2a3654c2 elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"2a3654c2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;video&quot;,&quot;background_video_link&quot;:&quot;https:\\\/\\\/www.bpe.de\\\/wp-content-329291\\\/uploads\\\/2021\\\/02\\\/bpe-header-greifvelox-03.mp4&quot;,&quot;background_play_on_mobile&quot;:&quot;yes&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-background-video-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<video class=\"elementor-background-video-hosted\" role=\"presentation\" autoplay muted playsinline loop><\/video>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d9961e8\" data-id=\"3d9961e8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ff92e02 elementor-widget elementor-widget-spacer\" data-id=\"6ff92e02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67559615 eael-tooltip-align-mobile-right eael-tooltip-align-tablet-right eael-tooltip-align-right animated-slow elementor-invisible elementor-widget elementor-widget-eael-tooltip\" data-id=\"67559615\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;pulse&quot;}\" data-widget_type=\"eael-tooltip.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"eael-tooltip\">\n\t\t\t\t\t<span class=\"eael-tooltip-content\" tabindex=\"0\" aria-describedby=\"tooltip-text-67559615\">\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-info-circle\"><\/i>\t\t\t<\/span>\n  \t\t\t<span id=\"tooltip-text-67559615\" class=\"eael-tooltip-text eael-tooltip-left\" role=\"tooltip\"><p style=\"text-align: left\">This video was made at GREIF VELOX in L\u00fcbeck, a BPE portfolio company acquired in an MBO in 2018.<\/p><\/span>\n  \t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-4974f731 elementor-section-content-bottom elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4974f731\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-f3b0ae3\" data-id=\"f3b0ae3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c95bd00 elementor-widget elementor-widget-spacer\" data-id=\"5c95bd00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-326465a4 elementor-widget elementor-widget-heading\" data-id=\"326465a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Solving succession<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7173dacc elementor-widget elementor-widget-heading\" data-id=\"7173dacc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">First questions<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c46cb5 nav-align-left elementor-hidden-tablet elementor-hidden-phone elementor-widget elementor-widget-eael-one-page-nav\" data-id=\"2c46cb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;heading_alignment&quot;:&quot;left&quot;}\" data-widget_type=\"eael-one-page-nav.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"eael-one-page-nav-container\">\n            <ul class=\"eael-one-page-nav\" id=\"eael-one-page-nav-2c46cb5\" data-section-id=\"eael-one-page-nav-2c46cb5\" data-top-offset=\"120\" data-scroll-speed=\"700\" data-scroll-wheel=\"\" data-scroll-touch=\"\" data-scroll-keys=\"\" data-section-ids=\"[&quot;section-1&quot;,&quot;section-2&quot;,&quot;section-3&quot;,&quot;section-4&quot;]\">\n                <li class=\"eael-one-page-nav-item\"><span class=\"eael-nav-dot-tooltip eael-tooltip-arrow\"><span class=\"eael-nav-dot-tooltip-content\">In safe hands?<\/span><\/span><a href=\"#\" aria-label=\"In safe hands?\" data-row-id=\"section-1\"><span class=\"eael-nav-dot-wrap\"><i class=\"eael-nav-dot icon icon-bpe-1-i\"><\/i><\/span><\/a><\/li><li class=\"eael-one-page-nav-item\"><span class=\"eael-nav-dot-tooltip eael-tooltip-arrow\"><span class=\"eael-nav-dot-tooltip-content\">Internal or <\/br>external successor?<\/span><\/span><a href=\"#\" aria-label=\"Internal or external successor?\" data-row-id=\"section-2\"><span class=\"eael-nav-dot-wrap\"><i class=\"eael-nav-dot icon icon-bpe-2-i\"><\/i><\/span><\/a><\/li><li class=\"eael-one-page-nav-item\"><span class=\"eael-nav-dot-tooltip eael-tooltip-arrow\"><span class=\"eael-nav-dot-tooltip-content\">Location and <\/br>workforce<\/span><\/span><a href=\"#\" aria-label=\"Location and workforce\" data-row-id=\"section-3\"><span class=\"eael-nav-dot-wrap\"><i class=\"eael-nav-dot icon icon-bpe-3-i\"><\/i><\/span><\/a><\/li><li class=\"eael-one-page-nav-item\"><span class=\"eael-nav-dot-tooltip eael-tooltip-arrow\"><span class=\"eael-nav-dot-tooltip-content\">Enterprise <\/br>value<\/span><\/span><a href=\"#\" aria-label=\"Enterprise value\" data-row-id=\"section-4\"><span class=\"eael-nav-dot-wrap\"><i class=\"eael-nav-dot icon icon-bpe-4-i\"><\/i><\/span><\/a><\/li>            <\/ul>\n        <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-58082ce elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"58082ce\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;video&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ee10eb5\" data-id=\"2ee10eb5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-26cc3768 elementor-section-content-top elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"26cc3768\" data-element_type=\"section\" data-e-type=\"section\" id=\"section-1\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;shape_divider_bottom&quot;:&quot;triangle&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M500.2,94.7L0,0v100h1000V0L500.2,94.7z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3d373b04\" data-id=\"3d373b04\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d33e9a5 elementor-widget elementor-widget-text-editor\" data-id=\"5d33e9a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:75,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Into safe hands?<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-34a000c8\" data-id=\"34a000c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-46578ea elementor-widget elementor-widget-template\" data-id=\"46578ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7569\" class=\"elementor elementor-7569 elementor-1872 elementor-1872\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-1778c7f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1778c7f9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ad9ece9\" data-id=\"2ad9ece9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-76cc9e6a elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"76cc9e6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Succession solutions with BPE as a long-term and value-oriented future shareholder &#8211; via a Management Buy-out or Management Buy-in &#8211; ensures the independence of the \u201dMittelstand\u201d company.<\/p>\n<p>BPE replaces entrepreneurs with entrepreneurs, rather than with managers. This is the only way to ensure that the entrepreneurial spirit, which combines an exceptional level of commitment, a high level of identification with the company and its staff, as well as the enormous innovative power and flexibility typical for \u201dMittelstand\u201d companies, is maintained.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33337c8 elementor-widget elementor-widget-spacer\" data-id=\"33337c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-b47bde7 elementor-section-content-top elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"b47bde7\" data-element_type=\"section\" data-e-type=\"section\" id=\"section-2\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;animation&quot;:&quot;fadeIn&quot;,&quot;shape_divider_bottom&quot;:&quot;triangle&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M500.2,94.7L0,0v100h1000V0L500.2,94.7z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-254bf10\" data-id=\"254bf10\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5fdfe88 elementor-widget elementor-widget-text-editor\" data-id=\"5fdfe88\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:75,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Internal or external <br \/>successor?<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8828a49\" data-id=\"8828a49\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-180233e elementor-widget elementor-widget-template\" data-id=\"180233e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7563\" class=\"elementor elementor-7563 elementor-1987 elementor-1987\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-67928658 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67928658\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20a2f010\" data-id=\"20a2f010\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4a229aec elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"4a229aec\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If an entrepreneur has the wish to entirely resign from operational responsibility when selling, the decisive question is who can and wants to take over the operational functions in the future.<\/p><h3>Owner stays on board in an operational manner<\/h3><p>When selling the company, the entrepreneur can initially continue to operate within the company if this is his wish. The motivation to do so may be to partially realise the company value for the benefit of risk diversification and to further develop the company\u2019s potential with the help of a new majority shareholder. This specific case is known as Owners Buy-out and can be an initial step towards the arrangement of a subsequent succession.<\/p><h3>Existing second management level with leadership ambitions<\/h3><p>Is another qualified and motivated managing director or a second level management team willing to take over the company and its responsibilities? Furthermore, are they committed to financially participate by acquiring a stake in the company and taking on the entrepreneurial obligations that accompany it? This case is known as Management Buy-out (MBO).<\/p><h3>External successor necessary<\/h3><p>If this is not the case, there is the possibility of using an external entrepreneurial manager. This entrepreneurial manager must have the necessary ambition and ideally have been part of BPE\u2019s Management Buy-in (MBI) Candidate Network (BPE MBI-Initiative) for a number of years. This prerequisite ensures that he has the necessary experience, appropriate qualifications and is additionally prepared to make a financial as well as an entrepreneurial investment.<\/p><h3>&#8230; or a combination of both, the success model par excellence<\/h3><p>Many cases involve the implementation of both an internal and external succession planning. Interestingly, this is the most successful variant, as stability and continuity of existing managers are augmented by the diversity and complementary experience of new, external managers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24c9975 elementor-widget elementor-widget-spacer\" data-id=\"24c9975\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-7479b6a elementor-section-content-top elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"7479b6a\" data-element_type=\"section\" data-e-type=\"section\" id=\"section-3\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;animation&quot;:&quot;fadeIn&quot;,&quot;shape_divider_bottom&quot;:&quot;triangle&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M500.2,94.7L0,0v100h1000V0L500.2,94.7z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2d82264\" data-id=\"2d82264\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1a12609 elementor-widget elementor-widget-text-editor\" data-id=\"1a12609\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:75,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Will the location be <br \/>safeguarded? <br \/>What will happen to the workforce?<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f82507d\" data-id=\"f82507d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f111cad elementor-widget elementor-widget-template\" data-id=\"f111cad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7565\" class=\"elementor elementor-7565 elementor-1966 elementor-1966\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-7dea6eca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7dea6eca\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4cd8835f\" data-id=\"4cd8835f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6dc8138b elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"6dc8138b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>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.<\/p><p>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 \u201dMittelstand\u201d companies. We see an experienced and effective workforce as the capital and the basis for further successful development of a company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3662003 elementor-widget elementor-widget-spacer\" data-id=\"3662003\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-cfb6942 elementor-section-content-top elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"cfb6942\" data-element_type=\"section\" data-e-type=\"section\" id=\"section-4\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7d50ceb\" data-id=\"7d50ceb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a757136 elementor-widget elementor-widget-text-editor\" data-id=\"a757136\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:75,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>How is the enterprise value determined?<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-dc3948b\" data-id=\"dc3948b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ec8f933 elementor-widget elementor-widget-template\" data-id=\"ec8f933\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7626\" class=\"elementor elementor-7626 elementor-1480 elementor-1480\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-50236def elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"50236def\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ad4e6f4\" data-id=\"3ad4e6f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36d7e5d5 elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"36d7e5d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Using the earnings multiple method, the value of the company and the resulting purchase price are accurately and transparently determined.<\/p><p>The basis for the valuation is a sustainable EBIT (Earnings Before Interest and Taxes), which is subsequently multiplied by a market-driven factor. The magnitude of the multiplier depends on various factors, such as technical expertise, national or international positioning, growth potential or R&amp;D capacity.<\/p><p>Company liabilities are deducted from the enterpreise value calculated as per the above. This straightforward calculation results in a value, which represents the equity value (purchase price) of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8cf33ac elementor-widget elementor-widget-spacer\" data-id=\"8cf33ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b76c72 elementor-widget elementor-widget-text-editor\" data-id=\"5b76c72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Factors influencing the company value<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41be6ee9 elementor-widget elementor-widget-progress\" data-id=\"41be6ee9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"78\" aria-valuetext=\"78% (Technical competence)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"78\">\n\t\t\t\t<span class=\"elementor-progress-text\">Technical competence<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b534d11 elementor-widget elementor-widget-progress\" data-id=\"b534d11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"50\" aria-valuetext=\"50% (Positioning)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"50\">\n\t\t\t\t<span class=\"elementor-progress-text\">Positioning<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2acff9a elementor-widget elementor-widget-progress\" data-id=\"2acff9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"78\" aria-valuetext=\"78% (Growth potential)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"78\">\n\t\t\t\t<span class=\"elementor-progress-text\">Growth potential<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57d4ceb elementor-widget elementor-widget-progress\" data-id=\"57d4ceb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"50\" aria-valuetext=\"50% (Research dynamics)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"50\">\n\t\t\t\t<span class=\"elementor-progress-text\">Research dynamics<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c0c6c7 elementor-widget elementor-widget-progress\" data-id=\"7c0c6c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"65\" aria-valuetext=\"65% (Development dynamics&lt;br&gt;)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"65\">\n\t\t\t\t<span class=\"elementor-progress-text\">Development dynamics<br><\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9fd450 elementor-widget elementor-widget-progress\" data-id=\"f9fd450\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"78\" aria-valuetext=\"78% (Liabilities )\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"78\">\n\t\t\t\t<span class=\"elementor-progress-text\">Liabilities <\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57410ae elementor-widget elementor-widget-spacer\" data-id=\"57410ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-93a84d3 elementor-hidden-desktop elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"93a84d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-93a84d3\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"93a84d3\" data-accordion-type=\"toggle\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"in-safe-hands\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-1541\"><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><span class=\"eael-accordion-tab-title\">In safe hands?<\/span><\/div><div id=\"elementor-tab-content-1541\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"in-safe-hands\"><style>.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-section:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-section.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-widget-section .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-section .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-7569 .elementor-element.elementor-element-1778c7f9{padding:0px 0px 0px 0px;}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-column .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-column:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-column.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7569 .elementor-element.elementor-element-2ad9ece9 > .elementor-widget-wrap > .elementor-widget:not(.elementor-widget__width-auto):not(.elementor-widget__width-initial):not(:last-child):not(.elementor-absolute){margin-block-end:0px;}.elementor-7569 .elementor-element.elementor-element-2ad9ece9 > .elementor-element-populated{padding:0px 0px 0px 0px;}.elementor-widget-text-editor{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );color:var( --e-global-color-text );--textColor:var( --e-global-color-text );}.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap, .elementor-widget-text-editor.elementor-drop-cap-view-default .elementor-drop-cap{color:var( --e-global-color-primary );border-color:var( --e-global-color-primary );}.elementor-widget-text-editor .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-text-editor .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-text-editor:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-text-editor.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7569 .elementor-element.elementor-element-76cc9e6a .elementor-drop-cap{margin-inline-end:10px;}.elementor-7569 .elementor-element.elementor-element-76cc9e6a .elementor-drop-cap-letter{font-family:var( --e-global-typography-84d0d03-font-family ), Sans-serif;font-size:var( --e-global-typography-84d0d03-font-size );font-weight:var( --e-global-typography-84d0d03-font-weight );line-height:var( --e-global-typography-84d0d03-line-height );}.elementor-7569 .elementor-element.elementor-element-76cc9e6a > .elementor-widget-container{margin:0px 0px 0px 0px;padding:0px 0px 0px 0px;}@media(max-width:1024px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7569 .elementor-element.elementor-element-76cc9e6a .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}}@media(max-width:767px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7569 .elementor-element.elementor-element-1778c7f9{padding:0px 0px 0px 0px;}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7569 .elementor-element.elementor-element-76cc9e6a .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}}<\/style>\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7569\" class=\"elementor elementor-7569 elementor-1872 elementor-1872\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-1778c7f9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1778c7f9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ad9ece9\" data-id=\"2ad9ece9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-76cc9e6a elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"76cc9e6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Succession solutions with BPE as a long-term and value-oriented future shareholder &#8211; via a Management Buy-out or Management Buy-in &#8211; ensures the independence of the \u201dMittelstand\u201d company.<\/p>\n<p>BPE replaces entrepreneurs with entrepreneurs, rather than with managers. This is the only way to ensure that the entrepreneurial spirit, which combines an exceptional level of commitment, a high level of identification with the company and its staff, as well as the enormous innovative power and flexibility typical for \u201dMittelstand\u201d companies, is maintained.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"internal-or-external-successor\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-1542\"><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><span class=\"eael-accordion-tab-title\">Internal or external successor?<\/span><\/div><div id=\"elementor-tab-content-1542\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"internal-or-external-successor\"><style>.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-section:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-section.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-widget-section .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-section .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-7563 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);}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7563 .elementor-element.elementor-element-20a2f010 > .elementor-widget-wrap > .elementor-widget:not(.elementor-widget__width-auto):not(.elementor-widget__width-initial):not(:last-child):not(.elementor-absolute){margin-block-end:0px;}.elementor-7563 .elementor-element.elementor-element-20a2f010 > .elementor-element-populated{padding:0px 0px 0px 0px;}.elementor-widget-text-editor{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );color:var( --e-global-color-text );--textColor:var( --e-global-color-text );}.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap, .elementor-widget-text-editor.elementor-drop-cap-view-default .elementor-drop-cap{color:var( --e-global-color-primary );border-color:var( --e-global-color-primary );}.elementor-widget-text-editor .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-text-editor .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-text-editor:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-text-editor.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7563 .elementor-element.elementor-element-4a229aec .elementor-drop-cap{margin-inline-end:10px;}.elementor-7563 .elementor-element.elementor-element-4a229aec .elementor-drop-cap-letter{font-family:var( --e-global-typography-84d0d03-font-family ), Sans-serif;font-size:var( --e-global-typography-84d0d03-font-size );font-weight:var( --e-global-typography-84d0d03-font-weight );line-height:var( --e-global-typography-84d0d03-line-height );}@media(max-width:1024px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( 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--e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7563 .elementor-element.elementor-element-4a229aec .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}}@media(max-width:767px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7563 .elementor-element.elementor-element-4a229aec .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}}<\/style>\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7563\" class=\"elementor elementor-7563 elementor-1987 elementor-1987\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-67928658 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"67928658\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20a2f010\" data-id=\"20a2f010\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4a229aec elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"4a229aec\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If an entrepreneur has the wish to entirely resign from operational responsibility when selling, the decisive question is who can and wants to take over the operational functions in the future.<\/p><h3>Owner stays on board in an operational manner<\/h3><p>When selling the company, the entrepreneur can initially continue to operate within the company if this is his wish. The motivation to do so may be to partially realise the company value for the benefit of risk diversification and to further develop the company\u2019s potential with the help of a new majority shareholder. This specific case is known as Owners Buy-out and can be an initial step towards the arrangement of a subsequent succession.<\/p><h3>Existing second management level with leadership ambitions<\/h3><p>Is another qualified and motivated managing director or a second level management team willing to take over the company and its responsibilities? Furthermore, are they committed to financially participate by acquiring a stake in the company and taking on the entrepreneurial obligations that accompany it? This case is known as Management Buy-out (MBO).<\/p><h3>External successor necessary<\/h3><p>If this is not the case, there is the possibility of using an external entrepreneurial manager. This entrepreneurial manager must have the necessary ambition and ideally have been part of BPE\u2019s Management Buy-in (MBI) Candidate Network (BPE MBI-Initiative) for a number of years. This prerequisite ensures that he has the necessary experience, appropriate qualifications and is additionally prepared to make a financial as well as an entrepreneurial investment.<\/p><h3>&#8230; or a combination of both, the success model par excellence<\/h3><p>Many cases involve the implementation of both an internal and external succession planning. Interestingly, this is the most successful variant, as stability and continuity of existing managers are augmented by the diversity and complementary experience of new, external managers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"will-the-location-be-safeguarded-what-will-happen-to-the-workforce\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-1543\"><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><span class=\"eael-accordion-tab-title\">Will the location be safeguarded? What will happen to the workforce?<\/span><\/div><div id=\"elementor-tab-content-1543\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"will-the-location-be-safeguarded-what-will-happen-to-the-workforce\"><style>.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-section:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-section.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-widget-section .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-section .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-7565 .elementor-element.elementor-element-7dea6eca{padding:0px 0px 0px 0px;}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-column .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-column:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-column.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7565 .elementor-element.elementor-element-4cd8835f > .elementor-element-populated{padding:0px 0px 0px 0px;}.elementor-widget-text-editor{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );color:var( --e-global-color-text );--textColor:var( --e-global-color-text );}.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap, .elementor-widget-text-editor.elementor-drop-cap-view-default .elementor-drop-cap{color:var( --e-global-color-primary );border-color:var( --e-global-color-primary );}.elementor-widget-text-editor .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-text-editor .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-text-editor:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-text-editor.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7565 .elementor-element.elementor-element-6dc8138b{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );}.elementor-7565 .elementor-element.elementor-element-6dc8138b .elementor-drop-cap{margin-inline-end:10px;}.elementor-7565 .elementor-element.elementor-element-6dc8138b .elementor-drop-cap-letter{font-family:var( --e-global-typography-84d0d03-font-family ), Sans-serif;font-size:var( --e-global-typography-84d0d03-font-size );font-weight:var( --e-global-typography-84d0d03-font-weight );line-height:var( --e-global-typography-84d0d03-line-height );}@media(max-width:1024px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7565 .elementor-element.elementor-element-6dc8138b{font-size:var( --e-global-typography-text-font-size );}.elementor-7565 .elementor-element.elementor-element-6dc8138b .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}}@media(max-width:767px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7565 .elementor-element.elementor-element-6dc8138b{font-size:var( --e-global-typography-text-font-size );}.elementor-7565 .elementor-element.elementor-element-6dc8138b .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}}<\/style>\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7565\" class=\"elementor elementor-7565 elementor-1966 elementor-1966\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-7dea6eca elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7dea6eca\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4cd8835f\" data-id=\"4cd8835f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6dc8138b elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"6dc8138b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>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.<\/p><p>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 \u201dMittelstand\u201d companies. We see an experienced and effective workforce as the capital and the basis for further successful development of a company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"how-is-the-enterprise-value-determined\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-1544\"><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><span class=\"eael-accordion-tab-title\">How is the enterprise value determined?<\/span><\/div><div id=\"elementor-tab-content-1544\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"how-is-the-enterprise-value-determined\"><style>.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-section:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-section.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-section .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-widget-section .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-section .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-7626 .elementor-element.elementor-element-50236def{padding:0px 0px 0px 0px;}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-column .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-column:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-column.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-column .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7626 .elementor-element.elementor-element-3ad4e6f4 > .elementor-widget-wrap > .elementor-widget:not(.elementor-widget__width-auto):not(.elementor-widget__width-initial):not(:last-child):not(.elementor-absolute){margin-block-end:7px;}.elementor-7626 .elementor-element.elementor-element-3ad4e6f4 > .elementor-element-populated{padding:0px 0px 0px 0px;}.elementor-widget-text-editor{font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );color:var( --e-global-color-text );--textColor:var( --e-global-color-text );}.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap, .elementor-widget-text-editor.elementor-drop-cap-view-default .elementor-drop-cap{color:var( --e-global-color-primary );border-color:var( --e-global-color-primary );}.elementor-widget-text-editor .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-text-editor .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-text-editor:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-text-editor.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-text-editor .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7626 .elementor-element.elementor-element-36d7e5d5 .elementor-drop-cap{margin-inline-end:10px;}.elementor-7626 .elementor-element.elementor-element-36d7e5d5 .elementor-drop-cap-letter{font-family:var( --e-global-typography-84d0d03-font-family ), Sans-serif;font-size:var( --e-global-typography-84d0d03-font-size );font-weight:var( --e-global-typography-84d0d03-font-weight );line-height:var( --e-global-typography-84d0d03-line-height );}.elementor-widget-spacer .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-spacer .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-spacer.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-spacer .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-spacer .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-spacer:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-spacer.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-spacer .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7626 .elementor-element.elementor-element-8cf33ac{--spacer-size:50px;}.elementor-7626 .elementor-element.elementor-element-5b76c72{font-family:var( --e-global-typography-16a6c15-font-family ), Sans-serif;font-size:var( --e-global-typography-16a6c15-font-size );font-weight:var( --e-global-typography-16a6c15-font-weight );text-transform:var( --e-global-typography-16a6c15-text-transform );line-height:var( --e-global-typography-16a6c15-line-height );}.elementor-widget-progress .elementor-title{color:var( --e-global-color-primary );font-family:var( --e-global-typography-text-font-family ), Sans-serif;font-size:var( --e-global-typography-text-font-size );font-weight:var( --e-global-typography-text-font-weight );}.elementor-widget-progress .elementor-progress-wrapper .elementor-progress-bar{background-color:var( --e-global-color-primary );}.elementor-widget-progress .eael-protected-content-message{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-progress .protected-content-error-msg{font-family:var( --e-global-typography-secondary-font-family ), Sans-serif;font-size:var( --e-global-typography-secondary-font-size );font-weight:var( --e-global-typography-secondary-font-weight );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-progress.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-family:var( --e-global-typography-primary-font-family ), Sans-serif;font-size:var( --e-global-typography-primary-font-size );font-weight:var( --e-global-typography-primary-font-weight );line-height:var( --e-global-typography-primary-line-height );letter-spacing:var( --e-global-typography-primary-letter-spacing );}.elementor-widget-progress .premium-global-cursor-{{ID}}{color:var( --e-global-color-primary );fill:var( --e-global-color-primary );}.elementor-widget-progress .premium-global-badge-{{ID}} .premium-badge-text{color:var( --e-global-color-secondary );}.elementor-widget-progress:not(.premium-gbadge-custom) .premium-global-badge-{{ID}} .premium-badge-container, .elementor-widget-progress.premium-gbadge-custom .premium-global-badge-{{ID}} .premium-badge-container{background-color:var( --e-global-color-primary );}.elementor-widget-progress .premium-global-badge-{{ID}} .premium-badge-icon{color:var( --e-global-color-secondary );fill:var( --e-global-color-secondary );}.elementor-7626 .elementor-element.elementor-element-41be6ee9 .elementor-progress-wrapper{background-color:#DAD9DA;border-radius:0px;overflow:hidden;}.elementor-7626 .elementor-element.elementor-element-41be6ee9 .elementor-progress-bar{height:38px;line-height:38px;font-family:var( --e-global-typography-e9d20bc-font-family ), Sans-serif;font-size:var( --e-global-typography-e9d20bc-font-size );font-weight:var( --e-global-typography-e9d20bc-font-weight );}.elementor-7626 .elementor-element.elementor-element-b534d11 .elementor-progress-wrapper{background-color:#DAD9DA;border-radius:0px;overflow:hidden;}.elementor-7626 .elementor-element.elementor-element-b534d11 .elementor-progress-bar{height:38px;line-height:38px;font-family:var( --e-global-typography-e9d20bc-font-family ), Sans-serif;font-size:var( --e-global-typography-e9d20bc-font-size );font-weight:var( --e-global-typography-e9d20bc-font-weight );}.elementor-7626 .elementor-element.elementor-element-2acff9a .elementor-progress-wrapper{background-color:#DAD9DA;border-radius:0px;overflow:hidden;}.elementor-7626 .elementor-element.elementor-element-2acff9a .elementor-progress-bar{height:38px;line-height:38px;font-family:var( --e-global-typography-e9d20bc-font-family ), Sans-serif;font-size:var( --e-global-typography-e9d20bc-font-size );font-weight:var( --e-global-typography-e9d20bc-font-weight );}.elementor-7626 .elementor-element.elementor-element-57d4ceb .elementor-progress-wrapper{background-color:#DAD9DA;border-radius:0px;overflow:hidden;}.elementor-7626 .elementor-element.elementor-element-57d4ceb .elementor-progress-bar{height:38px;line-height:38px;font-family:var( --e-global-typography-e9d20bc-font-family ), Sans-serif;font-size:var( --e-global-typography-e9d20bc-font-size );font-weight:var( --e-global-typography-e9d20bc-font-weight );}.elementor-7626 .elementor-element.elementor-element-7c0c6c7 .elementor-progress-wrapper{background-color:#DAD9DA;border-radius:0px;overflow:hidden;}.elementor-7626 .elementor-element.elementor-element-7c0c6c7 .elementor-progress-bar{height:38px;line-height:38px;font-family:var( --e-global-typography-e9d20bc-font-family ), Sans-serif;font-size:var( --e-global-typography-e9d20bc-font-size );font-weight:var( --e-global-typography-e9d20bc-font-weight );}.elementor-7626 .elementor-element.elementor-element-f9fd450 .elementor-progress-wrapper{background-color:#DAD9DA;border-radius:0px;overflow:hidden;}.elementor-7626 .elementor-element.elementor-element-f9fd450 .elementor-progress-bar{height:38px;line-height:38px;font-family:var( --e-global-typography-e9d20bc-font-family ), Sans-serif;font-size:var( --e-global-typography-e9d20bc-font-size );font-weight:var( --e-global-typography-e9d20bc-font-weight );}@media(max-width:1024px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7626 .elementor-element.elementor-element-36d7e5d5 .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}.elementor-widget-spacer .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-spacer .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-spacer.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7626 .elementor-element.elementor-element-5b76c72{font-size:var( --e-global-typography-16a6c15-font-size );line-height:var( --e-global-typography-16a6c15-line-height );}.elementor-widget-progress .elementor-title{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-progress .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-progress .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-progress.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7626 .elementor-element.elementor-element-41be6ee9 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-b534d11 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-2acff9a .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-57d4ceb .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-7c0c6c7 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-f9fd450 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}}@media(max-width:767px){.elementor-widget-section .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-section.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-column.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-widget-text-editor{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-text-editor .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-text-editor.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7626 .elementor-element.elementor-element-36d7e5d5 .elementor-drop-cap-letter{font-size:var( --e-global-typography-84d0d03-font-size );line-height:var( --e-global-typography-84d0d03-line-height );}.elementor-widget-spacer .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-spacer .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-spacer.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7626 .elementor-element.elementor-element-5b76c72{font-size:var( --e-global-typography-16a6c15-font-size );line-height:var( --e-global-typography-16a6c15-line-height );}.elementor-widget-progress .elementor-title{font-size:var( --e-global-typography-text-font-size );}.elementor-widget-progress .eael-protected-content-message{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-progress .protected-content-error-msg{font-size:var( --e-global-typography-secondary-font-size );line-height:var( --e-global-typography-secondary-line-height );letter-spacing:var( --e-global-typography-secondary-letter-spacing );}.elementor-widget-progress.premium-cursor-ftext .premium-global-cursor-{{ID}} .premium-cursor-follow-text{font-size:var( --e-global-typography-primary-font-size );}.elementor-7626 .elementor-element.elementor-element-41be6ee9 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-b534d11 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-2acff9a .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-57d4ceb .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-7c0c6c7 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}.elementor-7626 .elementor-element.elementor-element-f9fd450 .elementor-progress-bar{font-size:var( --e-global-typography-e9d20bc-font-size );}}<\/style>\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7626\" class=\"elementor elementor-7626 elementor-1480 elementor-1480\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-50236def elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"50236def\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ad4e6f4\" data-id=\"3ad4e6f4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36d7e5d5 elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"36d7e5d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Using the earnings multiple method, the value of the company and the resulting purchase price are accurately and transparently determined.<\/p><p>The basis for the valuation is a sustainable EBIT (Earnings Before Interest and Taxes), which is subsequently multiplied by a market-driven factor. The magnitude of the multiplier depends on various factors, such as technical expertise, national or international positioning, growth potential or R&amp;D capacity.<\/p><p>Company liabilities are deducted from the enterpreise value calculated as per the above. This straightforward calculation results in a value, which represents the equity value (purchase price) of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8cf33ac elementor-widget elementor-widget-spacer\" data-id=\"8cf33ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b76c72 elementor-widget elementor-widget-text-editor\" data-id=\"5b76c72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Factors influencing the company value<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41be6ee9 elementor-widget elementor-widget-progress\" data-id=\"41be6ee9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"78\" aria-valuetext=\"78% (Technical competence)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"78\">\n\t\t\t\t<span class=\"elementor-progress-text\">Technical competence<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b534d11 elementor-widget elementor-widget-progress\" data-id=\"b534d11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"50\" aria-valuetext=\"50% (Positioning)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"50\">\n\t\t\t\t<span class=\"elementor-progress-text\">Positioning<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2acff9a elementor-widget elementor-widget-progress\" data-id=\"2acff9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"78\" aria-valuetext=\"78% (Growth potential)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"78\">\n\t\t\t\t<span class=\"elementor-progress-text\">Growth potential<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57d4ceb elementor-widget elementor-widget-progress\" data-id=\"57d4ceb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"50\" aria-valuetext=\"50% (Research dynamics)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"50\">\n\t\t\t\t<span class=\"elementor-progress-text\">Research dynamics<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c0c6c7 elementor-widget elementor-widget-progress\" data-id=\"7c0c6c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"65\" aria-valuetext=\"65% (Development dynamics&lt;br&gt;)\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"65\">\n\t\t\t\t<span class=\"elementor-progress-text\">Development dynamics<br><\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9fd450 elementor-widget elementor-widget-progress\" data-id=\"f9fd450\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"progress.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"elementor-progress-wrapper\" role=\"progressbar\" aria-valuemin=\"0\" aria-valuemax=\"100\" aria-valuenow=\"78\" aria-valuetext=\"78% (Liabilities )\">\n\t\t\t<div class=\"elementor-progress-bar\" data-max=\"78\">\n\t\t\t\t<span class=\"elementor-progress-text\">Liabilities <\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4049aced elementor-widget elementor-widget-spacer\" data-id=\"4049aced\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-9f543f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f543f2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9c5bb04\" data-id=\"9c5bb04\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-379bf58b elementor-widget elementor-widget-heading\" data-id=\"379bf58b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Practical examples<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c9a733 elementor-widget elementor-widget-template\" data-id=\"5c9a733\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7577\" class=\"elementor elementor-7577 elementor-1815 elementor-1815\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-b0abdb0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b0abdb0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;slideshow&quot;,&quot;background_slideshow_gallery&quot;:[],&quot;background_slideshow_loop&quot;:&quot;yes&quot;,&quot;background_slideshow_slide_duration&quot;:5000,&quot;background_slideshow_slide_transition&quot;:&quot;fade&quot;,&quot;background_slideshow_transition_duration&quot;:500}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-fa32446\" data-id=\"fa32446\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b866fe4 elementor-widget elementor-widget-video\" data-id=\"b866fe4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;vimeo&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;play_on_mobile&quot;:&quot;yes&quot;,&quot;mute&quot;:&quot;yes&quot;,&quot;loop&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<iframe class=\"elementor-video-iframe\" allowfullscreen allow=\"autoplay\" title=\"vimeo Video Player\" src=\"https:\/\/player.vimeo.com\/video\/618869290?autoplay=1&amp;playsinline=1&amp;color&amp;autopause=0&amp;loop=1&amp;muted=1&amp;title=0&amp;portrait=0&amp;byline=0#t=\"><\/iframe>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fbbfda2 elementor-hidden-tablet elementor-hidden-phone elementor-widget elementor-widget-eael-lightbox\" data-id=\"fbbfda2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-lightbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t<div data-lightbox-type=\"lightbox_type_url\" data-lightbox-type-url=\"https:\/\/vimeo.com\/618869290   \" data-lightbox-trigger-pageload=\"1\" class=\"eael-lightbox-wrapper\" data-trigger=\"eael_lightbox_trigger_button\" data-lightbox-id=\"lightbox_69f56d223c0f0\" data-type=\"iframe\" data-src=\"https:\/\/vimeo.com\/618869290\" data-iframe-class=\"eael-lightbox-popup-window eael-lightbox-modal-window-fbbfda2\" data-popup-layout=\"eael-lightbox-popup-fullscreen\" data-main-class=\"eael-lightbox-modal-popup-fbbfda2\" data-close_button=\"yes\" data-esc_exit=\"yes\" data-click_exit=\"yes\" data-effect=\"animated mfp-zoom-out\" data-trigger-element=\".eael-modal-popup-link-69f56d223c0f0\">\n\t\t\t<div class=\"eael-lightbox-btn\">\n\t\t\t\t<span id=\"btn-eael-lightbox-69f56d223c0f0\" class=\"eael-modal-popup-button eael-modal-popup-link eael-modal-popup-link-69f56d223c0f0 elementor-button elementor-size-md\" tabindex=\"0\">Watch with sound<span class=\"open-pop-up-button-icon-right eael-lightbox-button-svg-icon\"><i class=\"fas fa-volume-up\"><\/i><\/span><\/span>\t\t\t<\/div><!-- close .eael-lightbox-btn -->\n\t\t<\/div>\n\n\t\t<div class=\"eael-lightbox-popup-window eael-lightbox-popup-window-fbbfda2 lightbox_type_url\" id=\"eael-lightbox-window-69f56d223c0f0\">\n\t\t\t<div class=\"eael-lightbox-container\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28a9597 elementor-widget elementor-widget-text-editor\" data-id=\"28a9597\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>SEALABLE<br \/><\/strong>BPE Corporate divestiture \u00b7 MBO<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b3a9a0 elementor-hidden-desktop elementor-widget elementor-widget-spacer\" data-id=\"1b3a9a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-24b46e21\" data-id=\"24b46e21\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5446264f elementor-widget elementor-widget-video\" data-id=\"5446264f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;vimeo&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;play_on_mobile&quot;:&quot;yes&quot;,&quot;mute&quot;:&quot;yes&quot;,&quot;loop&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<iframe class=\"elementor-video-iframe\" allowfullscreen allow=\"autoplay\" title=\"vimeo Video Player\" src=\"https:\/\/player.vimeo.com\/video\/549315576?autoplay=1&amp;playsinline=1&amp;color&amp;autopause=0&amp;loop=1&amp;muted=1&amp;title=0&amp;portrait=0&amp;byline=0#t=\"><\/iframe>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23a1f4d5 elementor-hidden-tablet elementor-hidden-phone elementor-widget elementor-widget-eael-lightbox\" data-id=\"23a1f4d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-lightbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t<div data-lightbox-type=\"lightbox_type_url\" data-lightbox-type-url=\"https:\/\/vimeo.com\/549315576   \" data-lightbox-trigger-pageload=\"1\" class=\"eael-lightbox-wrapper\" data-trigger=\"eael_lightbox_trigger_button\" data-lightbox-id=\"lightbox_69f56d223d02a\" data-type=\"iframe\" data-src=\"https:\/\/vimeo.com\/549315576\" data-iframe-class=\"eael-lightbox-popup-window eael-lightbox-modal-window-23a1f4d5\" data-popup-layout=\"eael-lightbox-popup-fullscreen\" data-main-class=\"eael-lightbox-modal-popup-23a1f4d5\" data-close_button=\"yes\" data-esc_exit=\"yes\" data-click_exit=\"yes\" data-effect=\"animated mfp-zoom-out\" data-trigger-element=\".eael-modal-popup-link-69f56d223d02a\">\n\t\t\t<div class=\"eael-lightbox-btn\">\n\t\t\t\t<span id=\"btn-eael-lightbox-69f56d223d02a\" class=\"eael-modal-popup-button eael-modal-popup-link eael-modal-popup-link-69f56d223d02a elementor-button elementor-size-md\" tabindex=\"0\">Watch with sound<span class=\"open-pop-up-button-icon-right eael-lightbox-button-svg-icon\"><i class=\"fas fa-volume-up\"><\/i><\/span><\/span>\t\t\t<\/div><!-- close .eael-lightbox-btn -->\n\t\t<\/div>\n\n\t\t<div class=\"eael-lightbox-popup-window eael-lightbox-popup-window-23a1f4d5 lightbox_type_url\" id=\"eael-lightbox-window-69f56d223d02a\">\n\t\t\t<div class=\"eael-lightbox-container\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2319c58 elementor-widget elementor-widget-text-editor\" data-id=\"2319c58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>SEITZ <\/b><strong>Heimtiernahrung<br \/><\/strong>BPE Succession planning \u00b7 MBI<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78b16a8b elementor-hidden-desktop elementor-widget elementor-widget-spacer\" data-id=\"78b16a8b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-5e3ff327\" data-id=\"5e3ff327\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c6bb34 elementor-widget elementor-widget-video\" data-id=\"6c6bb34\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;vimeo&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;play_on_mobile&quot;:&quot;yes&quot;,&quot;mute&quot;:&quot;yes&quot;,&quot;loop&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<iframe class=\"elementor-video-iframe\" allowfullscreen allow=\"autoplay\" title=\"vimeo Video Player\" src=\"https:\/\/player.vimeo.com\/video\/549323054?autoplay=1&amp;playsinline=1&amp;color&amp;autopause=0&amp;loop=1&amp;muted=1&amp;title=0&amp;portrait=0&amp;byline=0#t=\"><\/iframe>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e862d91 elementor-hidden-tablet elementor-hidden-phone elementor-widget elementor-widget-eael-lightbox\" data-id=\"2e862d91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-lightbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t<div data-lightbox-type=\"lightbox_type_url\" data-lightbox-type-url=\"https:\/\/vimeo.com\/549323054   \" data-lightbox-trigger-pageload=\"1\" class=\"eael-lightbox-wrapper\" data-trigger=\"eael_lightbox_trigger_button\" data-lightbox-id=\"lightbox_69f56d223df29\" data-type=\"iframe\" data-src=\"https:\/\/vimeo.com\/549323054\" data-iframe-class=\"eael-lightbox-popup-window eael-lightbox-modal-window-2e862d91\" data-popup-layout=\"eael-lightbox-popup-fullscreen\" data-main-class=\"eael-lightbox-modal-popup-2e862d91\" data-close_button=\"yes\" data-esc_exit=\"yes\" data-click_exit=\"yes\" data-effect=\"animated mfp-zoom-out\" data-trigger-element=\".eael-modal-popup-link-69f56d223df29\">\n\t\t\t<div class=\"eael-lightbox-btn\">\n\t\t\t\t<span id=\"btn-eael-lightbox-69f56d223df29\" class=\"eael-modal-popup-button eael-modal-popup-link eael-modal-popup-link-69f56d223df29 elementor-button elementor-size-md\" tabindex=\"0\">Watch with sound<span class=\"open-pop-up-button-icon-right eael-lightbox-button-svg-icon\"><i class=\"fas fa-volume-up\"><\/i><\/span><\/span>\t\t\t<\/div><!-- close .eael-lightbox-btn -->\n\t\t<\/div>\n\n\t\t<div class=\"eael-lightbox-popup-window eael-lightbox-popup-window-2e862d91 lightbox_type_url\" id=\"eael-lightbox-window-69f56d223df29\">\n\t\t\t<div class=\"eael-lightbox-container\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d83b41 elementor-widget elementor-widget-text-editor\" data-id=\"9d83b41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>R\u00f6mheld &amp; Moelle Eisengie\u00dferei<br \/><\/strong>BPE Succession planning \u00b7 MBO\/MBI<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bee6fff elementor-hidden-desktop elementor-widget elementor-widget-spacer\" data-id=\"bee6fff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-7a766db0\" data-id=\"7a766db0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d53e9a6 elementor-widget elementor-widget-video\" data-id=\"6d53e9a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;video_type&quot;:&quot;vimeo&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;play_on_mobile&quot;:&quot;yes&quot;,&quot;mute&quot;:&quot;yes&quot;,&quot;loop&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<iframe class=\"elementor-video-iframe\" allowfullscreen allow=\"autoplay\" title=\"vimeo Video Player\" src=\"https:\/\/player.vimeo.com\/video\/549309235?autoplay=1&amp;playsinline=1&amp;color&amp;autopause=0&amp;loop=1&amp;muted=1&amp;title=0&amp;portrait=0&amp;byline=0#t=\"><\/iframe>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e6bcad elementor-hidden-tablet elementor-hidden-phone elementor-widget elementor-widget-eael-lightbox\" data-id=\"1e6bcad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-lightbox.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t<div data-lightbox-type=\"lightbox_type_url\" data-lightbox-type-url=\"https:\/\/vimeo.com\/549309235   \" data-lightbox-trigger-pageload=\"1\" class=\"eael-lightbox-wrapper\" data-trigger=\"eael_lightbox_trigger_button\" data-lightbox-id=\"lightbox_69f56d223ee20\" data-type=\"iframe\" data-src=\"https:\/\/vimeo.com\/549309235\" data-iframe-class=\"eael-lightbox-popup-window eael-lightbox-modal-window-1e6bcad\" data-popup-layout=\"eael-lightbox-popup-fullscreen\" data-main-class=\"eael-lightbox-modal-popup-1e6bcad\" data-close_button=\"yes\" data-esc_exit=\"yes\" data-click_exit=\"yes\" data-effect=\"animated mfp-zoom-out\" data-trigger-element=\".eael-modal-popup-link-69f56d223ee20\">\n\t\t\t<div class=\"eael-lightbox-btn\">\n\t\t\t\t<span id=\"btn-eael-lightbox-69f56d223ee20\" class=\"eael-modal-popup-button eael-modal-popup-link eael-modal-popup-link-69f56d223ee20 elementor-button elementor-size-md\" tabindex=\"0\">Watch with sound<span class=\"open-pop-up-button-icon-right eael-lightbox-button-svg-icon\"><i class=\"fas fa-volume-up\"><\/i><\/span><\/span>\t\t\t<\/div><!-- close .eael-lightbox-btn -->\n\t\t<\/div>\n\n\t\t<div class=\"eael-lightbox-popup-window eael-lightbox-popup-window-1e6bcad lightbox_type_url\" id=\"eael-lightbox-window-69f56d223ee20\">\n\t\t\t<div class=\"eael-lightbox-container\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00a1498 elementor-widget elementor-widget-text-editor\" data-id=\"00a1498\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>VTN Die H\u00e4rterei<br \/><\/strong>BPE Corporate divestiture \u00b7 MBO<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-01af0d3 elementor-hidden-desktop elementor-widget elementor-widget-spacer\" data-id=\"01af0d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-f5d1d9d elementor-section-stretched elementor-hidden-tablet elementor-hidden-phone elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f5d1d9d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-7b33a86\" data-id=\"7b33a86\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b34aaa elementor-widget elementor-widget-spacer\" data-id=\"0b34aaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-346741a\" data-id=\"346741a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c46ce3d elementor-widget elementor-widget-spacer\" data-id=\"c46ce3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-75c00a1\" data-id=\"75c00a1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c0949e3 elementor-widget elementor-widget-spacer\" data-id=\"c0949e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-8c17e5b\" data-id=\"8c17e5b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4c88bd elementor-widget elementor-widget-spacer\" data-id=\"b4c88bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-653a18db elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"653a18db\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1e3c5376\" data-id=\"1e3c5376\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3539e97f elementor-widget elementor-widget-template\" data-id=\"3539e97f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"7581\" class=\"elementor elementor-7581 elementor-1803 elementor-1803\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-634c0f08 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"634c0f08\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16fa1cdb\" data-id=\"16fa1cdb\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_mouse&quot;:&quot;yes&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-caa710b elementor-widget elementor-widget-spacer\" data-id=\"caa710b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b97dea elementor-widget elementor-widget-heading\" data-id=\"4b97dea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Solving succession<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-d7e97e9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d7e97e9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-0b24f69\" data-id=\"0b24f69\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-617930e elementor-nav-menu__align-justify elementor-nav-menu--dropdown-none elementor-hidden-tablet elementor-hidden-phone elementor-widget elementor-widget-nav-menu\" data-id=\"617930e\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;&quot;},&quot;layout&quot;:&quot;horizontal&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-horizontal e--pointer-background e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-617930e\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7454\"><a href=\"https:\/\/www.bpe.de\/en\/succession-solution\/\" class=\"elementor-item\">First questions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7455\"><a href=\"https:\/\/www.bpe.de\/en\/planning-succession\/\" class=\"elementor-item\">Are the prerequisites right?<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7456\"><a href=\"https:\/\/www.bpe.de\/en\/types-of-investment\/\" class=\"elementor-item\">Types of investment<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7457\"><a href=\"https:\/\/www.bpe.de\/en\/transaction-process\/\" class=\"elementor-item\">Transaction process<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7458\"><a href=\"https:\/\/www.bpe.de\/en\/from-value-to-price\/\" class=\"elementor-item\">From value to price<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-617930e\" class=\"elementor-nav-menu\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7454\"><a href=\"https:\/\/www.bpe.de\/en\/succession-solution\/\" class=\"elementor-item\" tabindex=\"-1\">First questions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7455\"><a href=\"https:\/\/www.bpe.de\/en\/planning-succession\/\" class=\"elementor-item\" tabindex=\"-1\">Are the prerequisites right?<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7456\"><a href=\"https:\/\/www.bpe.de\/en\/types-of-investment\/\" class=\"elementor-item\" tabindex=\"-1\">Types of investment<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7457\"><a href=\"https:\/\/www.bpe.de\/en\/transaction-process\/\" class=\"elementor-item\" tabindex=\"-1\">Transaction process<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7458\"><a href=\"https:\/\/www.bpe.de\/en\/from-value-to-price\/\" class=\"elementor-item\" tabindex=\"-1\">From value to price<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3692c75 elementor-nav-menu__align-center elementor-nav-menu--dropdown-none elementor-hidden-desktop elementor-widget elementor-widget-nav-menu\" data-id=\"3692c75\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-background e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-3692c75\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7454\"><a href=\"https:\/\/www.bpe.de\/en\/succession-solution\/\" class=\"elementor-item\">First questions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7455\"><a href=\"https:\/\/www.bpe.de\/en\/planning-succession\/\" class=\"elementor-item\">Are the prerequisites right?<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7456\"><a href=\"https:\/\/www.bpe.de\/en\/types-of-investment\/\" class=\"elementor-item\">Types of investment<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7457\"><a href=\"https:\/\/www.bpe.de\/en\/transaction-process\/\" class=\"elementor-item\">Transaction process<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7458\"><a href=\"https:\/\/www.bpe.de\/en\/from-value-to-price\/\" class=\"elementor-item\">From value to price<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-3692c75\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7454\"><a href=\"https:\/\/www.bpe.de\/en\/succession-solution\/\" class=\"elementor-item\" tabindex=\"-1\">First questions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7455\"><a href=\"https:\/\/www.bpe.de\/en\/planning-succession\/\" class=\"elementor-item\" tabindex=\"-1\">Are the prerequisites right?<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7456\"><a href=\"https:\/\/www.bpe.de\/en\/types-of-investment\/\" class=\"elementor-item\" tabindex=\"-1\">Types of investment<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7457\"><a href=\"https:\/\/www.bpe.de\/en\/transaction-process\/\" class=\"elementor-item\" tabindex=\"-1\">Transaction process<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7458\"><a href=\"https:\/\/www.bpe.de\/en\/from-value-to-price\/\" class=\"elementor-item\" tabindex=\"-1\">From value to price<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65f81fa elementor-widget elementor-widget-spacer\" data-id=\"65f81fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-e050caf elementor-widget elementor-widget-spacer\" data-id=\"e050caf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a668807 elementor-widget elementor-widget-heading\" data-id=\"a668807\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Other topics<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-223ddd1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"223ddd1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-545d9dc\" data-id=\"545d9dc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b11f97 elementor-widget elementor-widget-eael-creative-button\" data-id=\"3b11f97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-creative-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"eael-creative-button-wrapper\">\n\n            <a class=\"eael-creative-button eael-creative-button--default eael-cb-icon-position-\" href=\"https:\/\/www.bpe.de\/en\/creating-mittelstand-businesses\/\" data-text=\"Go!\">\n            \t    \n                <div class=\"creative-button-inner\">\n\n                    \n                    <span class=\"cretive-button-text\">Divesting subsidiary companies<\/span>\n\n                                    <\/div>\n\t                        <\/a>\n        <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-c9283cf\" data-id=\"c9283cf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6407736 elementor-widget elementor-widget-eael-creative-button\" data-id=\"6407736\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-creative-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"eael-creative-button-wrapper\">\n\n            <a class=\"eael-creative-button eael-creative-button--default eael-cb-icon-position-\" href=\"https:\/\/www.bpe.de\/en\/become-an-entrepreneur\/%20\" data-text=\"Go!\">\n            \t    \n                <div class=\"creative-button-inner\">\n\n                    \n                    <span class=\"cretive-button-text\">Become an entrepreneur<\/span>\n\n                                    <\/div>\n\t                        <\/a>\n        <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-2ff9df7\" data-id=\"2ff9df7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-46131e6 elementor-widget elementor-widget-eael-creative-button\" data-id=\"46131e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-creative-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t        <div class=\"eael-creative-button-wrapper\">\n\n            <a class=\"eael-creative-button eael-creative-button--default eael-cb-icon-position-\" href=\"https:\/\/www.bpe.de\/en\/about-bpe\/\" data-text=\"Go!\">\n            \t    \n                <div class=\"creative-button-inner\">\n\n                    \n                    <span class=\"cretive-button-text\">Meet BPE<\/span>\n\n                                    <\/div>\n\t                        <\/a>\n        <\/div>\n        \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bdcbe58 elementor-widget elementor-widget-spacer\" data-id=\"7bdcbe58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13686d1 elementor-widget elementor-widget-spacer\" data-id=\"13686d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In safe hands? Internal or external successor? Location and workforce Enterprise value Into safe hands? Internal or external successor? Will the location be safeguarded? What will happen to the workforce? How is the enterprise value determined? In safe hands? Succession solutions with BPE as a long-term and value-oriented future shareholder &#8211; via a Management Buy-out&hellip;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-7273","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/pages\/7273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/comments?post=7273"}],"version-history":[{"count":5,"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/pages\/7273\/revisions"}],"predecessor-version":[{"id":9816,"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/pages\/7273\/revisions\/9816"}],"wp:attachment":[{"href":"https:\/\/www.bpe.de\/en\/wp-json\/wp\/v2\/media?parent=7273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}