According to estimates by IfM Bonn, around 38,000 businesses are currently handed over every year because the owners retire from management due to age, illness or death. However, more businesses are planning succession.
At the evening symposium of the Centre for Business Succession at the University of Mannheim at the beginning of November, Dr Rosemarie Kay explained, among other things, why, contrary to public expectations, not every family business succeeds in the handover: These companies often lack economic attractiveness.
