Business succession is a key issue for many German family businesses. If there are no successors within the family, selling the business can ensure its long-term continuation. International buyers are increasingly entering the fray – and with them a host of legal, cultural and organisational challenges.
In a guest article for Deutsche Unternehmensbörse, our partner and M&A expert Prof Dr Stephan R. Göthel highlights the special requirements of cross-border M&A transactions in the context of succession. The focus is on, among other things:
- Language and cultural barriers
- Form and contract requirements
- Special features of foreign trade law
- The importance of personal meetings
- Selection of applicable law and jurisdiction
Despite all the complexity, international M&A transactions offer great opportunities if they are accompanied by experienced advisors at an early stage.
Click here for the full guest article: Herausforderungen bei internationalen M&A-Transaktionen als Nachfolgelösung