Mandate
Succession transfer · 2015
The trade journal “Baugewerbe” featured a succession model advised by Fischer | Konrad, showing how a clear strategy and forward planning can lead to a successful handover of a business.
When Heinrich Westermann, founder of Schaltanlagenbau GmbH H. Westermann in Minden (East Westphalia–Lippe), fell ill in 2011, the long-serving technical director Heinz-Dieter Finke – at the company since 2002 – gradually took on greater responsibility. The solution: a dual leadership of candidates from within the company, with the workforce’s trust, securing continuity of the business.
Client
Schaltanlagenbau GmbH H. Westermann at a glance
Schaltanlagenbau GmbH H. Westermann was founded in 1983 by Heinrich Westermann in Minden and grew to annual revenue of around EUR 7.5 million and a workforce of 60. The firm specialises in consulting, engineering, programming and installation of switchgear for special-purpose machinery. Its systems are deployed worldwide – including in the automotive, wood, oil and gas industries.
Our approach builds on a methodology that carries well beyond a single mandate.
Service
Business sale & M&A advisory →
Sell-side and buy-side mandates in the mid-market: buyer outreach, negotiation, closing support.
More mandates
All references →
A selection of 32 mandates across business sales, valuation, real estate sales and management accounting – filtered by industry and region.
Talk to us
Get in touch →
A personal conversation with Dr. Paul Markus Konrad in Münster – by phone or on site.