Succession Planning Assistance
Personal Care Market Opportunity
In 2021, due to succession planning challenges, I was tasked with divesting two operating companies that I was leading on behalf of our ownership group. I was successful in that endeavor, finding strategic buyers on my own for both businesses.
The experience I gained through this process can now be deployed for companies that find themselves in a similar situation as we were in. The challenge we faced was how to place successful businesses, that lack leadership successors within the organization, on to a new operating and ownership platform that would present a continuing opportunity for growth.
If you, as the owner/leader of a specialty chemicals business, face a similar challenge and would like some outside input as you contemplate a path forward, please feel free to reach out to me so we can discuss how I may be able to help.
On my desk right now is an opportunity for a US based specialty chemical company facing succession planning challenges, and that is predominantly focused on supplying differentiated ingredients to the Personal Care market, to explore such a platform/ownership change. There may be a near term opportunity for such a candidate company to open a dialog with an EU based company with annual sales exceeding $1 billion seeking the beginning of a US presence that may be in position to provide a new ownership and operating platform for such a candidate company.
