Hot topic of company succession at the EMS Day in Würzburg
As an electronics and succession expert, omegaconsulting Managing Director Jean-Claude Baumer offered exciting insights into the topic of company succession at this year’s EMS Day in Würzburg. The numerous entrepreneurs from the technical SME sector benefited from the very practical presentations and the lively discussion.
By the end of 2025, around 120,000 of the approximately 3.8 million SMEs in Germany will be interested in a successor each year. Not all of them will find a successor. The reasons for the failure to find a successor are complex. The search is started too late and the complexity and emotional, professional and time-related challenges of the search and successful handover are often underestimated.
Successful succession processes require methodically structured and professional planning and implementation as well as support from knowledgeable and experienced experts, also to ensure that the transferring entrepreneur still has to focus 100% on the success of their company, especially on the home straight. External support is particularly important for the entrepreneur when it comes to managing the systematic process, finding a suitable successor in line with requirements and, of course, answering the question of the company’s value.