Facts & Figures on Business Succession in Bayern
BMW, Allianz, and many other storied, world-famous companies have contributed significantly to Bayern's outstanding reputation, recognized around the globe. Businesses from every conceivable sector keep this southern German state prosperous and stable. Nevertheless — and especially among Bayern's many family businesses — the question of business succession has to be addressed sooner or later. For many senior owners, handing over the company, often their life's work, is a genuine challenge that has been waiting to be resolved for some time.
The succession process is often complex and requires careful planning and strategic action. Time and again, market studies point out that fewer and fewer family members are willing to take over management of the company. Handled early and strategically, though, this fact can be turned into an opportunity for the business to carry on. In many cases, handing over a company means honoring the senior owner's life's work and making sure it continues in the right hands.
So where can a suitable candidate for business succession in Bayern be found? In the digital age, it's only natural that sellers and buyers meet online. The Deutsche Unternehmerbörse DUB.de is the leading, most-visited, and independent online platform in this field, acting as a succession marketplace.
Advantages of Selling a Business in Bayern
The state capital is one of Germany's fastest-growing major cities. Whatever the industry, sellers in Munich will always find suitable successors from every sector of the economy — with around 1.54 million residents, Bayern's superstar is Germany's third-largest city. It is also known for its well-trained skilled workers, which makes the search easier for senior owners who want to hand their company to capable, qualified people.
The Munich metropolitan region covers around 36% of Bayern's total area, is home to nearly half (about 46%) of the state's total population, accounts for about 48% of all jobs in the state, and, with around €283 billion, generates almost 54% of Bayern's GDP. Unemployment is well below the national average, and purchasing power in the Munich metropolitan area is around 17% above the German average. The region is also known for its capacity to innovate — not for nothing are about 17% of all German patents filed here (roughly 3x the share you'd expect for the whole of Germany).
Advice for Business Succession in Bayern
A decisive factor for a successful business succession in Bayern is competent advice throughout the entire succession process. DUB.de offers not just a contact marketplace for this, but also connects businesses with specialized M&A advisors in the region. These experts help select suitable successors, structure the handover process, and help secure the company's long-term value. Especially in Bayern, a business location with such a diverse mix of industries, professional advice like this is a key factor for a successful business succession.