It seems to be inevitable, at least in Britain. However strong the individual commitment to a company or industry, at some point an owner will retire, exit or sell – but who will take the reins?
Manufacturing in the United Kingdom is sitting on a ticking time bomb. There have been few mergers and acquisitions over the past few years, as the economic climate has deterred owners from selling. But the motivations and needs to sell remain; at some point owners will want to exit – whether for financial reward or…
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