I keep watching that.... And everything that is wrong with it gets disturbingly worse over time.
There can be only two kinds of companies for sale online way below stock market mergers and acquisitions.
Those that are having a few better years offering outdated machines, badly trained workers in a market with little hope that for much other reasons than the seller sees a current tiny boom creating an opportunity to rip off after the employees and idiot of an investor that can read a Balance Sheet, but not the FT news on that very industry.
The other one is from an owner being such a big of an asshole that he does not having to have to consider a management buyout.
That means that the only two things that can make a deal happen are either an incredible premium or a great rescue plan both because the owner family still continues living in the area.
In the end of the day, that is quite an opportunity, but not in terms of profit or market share expansion or efficiency gain. It might be cheaper than founding, hiring and buying. Might....
#MODInc
