When it comes to remanufacturers who might be interested in buying a company – or selling their own - former Remanufacturer of the Year Borg Automotive founder Søren Toft- Jensen offered some advice. “It’s important to understand what business you’re in: if you’re in reman then you have to understand the double logistics around the cores because that’s so important,” he insisted on a panel about mergers and acquisitions. “Other than that, you need to decide what buyer you want because it creates different outcomes. You would get a higher price if you sold to an industry company or private equity firm – that’s most likely at least. Make sure, if you want to sell, that you have more than one buyer - and if you buy, make sure it’s a good fit with what you’re buying.”
Share your remanufacturing stories with us
Do you have an innovation, research results or an other interesting topic you would like to share with the remanufacturing industry? The Rematec website and social media channels are a great platform to showcase your stories!
Please contact our Brand Marketing Manager Evelien Feijen.
Are you an Rematec exhibitor?
Make sure you add your latest press releases to your Company Profile in the Exhibitor Portal for free exposure.
Receive the best newsletter on remanufacturing - straight to your inbox!