Turning Around a 100+ Year Old Razor Company with Jens Grudno
In this episode of the M&A Launchpad Podcast, hosts Feras Moussa and Casey Minshew interview Jens Grudno, delving into his journey from a finance background to acquiring and turning around a struggling German manufacturing business. Jens shares the challenges and intricacies of transitioning from corporate roles to entrepreneurship, including the complex process of acquiring a division of a bankrupt company, managing legacy issues, and scaling the business. Jens now currently owns and operates DOVO, a 100+ year old German straight-razor company with an incredible brand and story. Although the business ran into turbulent times, Jens recognized the opportunity and acquired the business a few years back.
The discussion covers Jens' unique market in traditional straight razors, his strategic decision-making, and key lessons from his four-year experience. The episode offers valuable insights into the manufacturing sector, turnaround strategies, and the importance of tenacity in business.
Jens is an open book, and if you want to learn more about his story or are interested in talking through a potential acquisition or investment, he encourages you to contact him!
For 25% off DOVO Razors or Kits - Discount Code: LAUNCHPAD
In this podcast episode, we discuss:
• Turning Around a Distressed Business
• How Brand Appearance Matters
• Challenges of Operating a Business
• The Razor Market
You can connect with Jens by email: [email protected]
00:00 Turning Around a 100+ Year Old Razor Copmany with Jens Grudno
02:16 Jens Grudno's Background and Business Acquisition
05:03 Challenges and Strategies in Turnaround
11:26 Navigating the Acquisition Process
14:49 Post-Acquisition Challenges
26:24 Brand Value and Market Potential
31:02 Product Line and Market Strategy
35:34 Ups and Downs of Operating
38:08 Rocket Round
41:45 Conclusion and Contact Information
Additional Resources:
• Access our archive of video interviews on YouTube
• Get in touch with show hosts Casey Minshew and Feras Moussa at - [email protected]
• Looking to invest in M&A opportunities or partner with an advisor to acquire, scale or sell your business? Visit Equity Launchpad
Connect with M&A Launchpad:
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🎧 Podcast on Apple: https://podcasts.apple.com/us/podcast...
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