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Acquiring Minds

Buying a Bankrupt 117-Year-Old Manufacturer

117 min • 6 juni 2024

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Despite having no experience in manufacturing, Jens Grudno jumped when he heard about a failing straight-razor business.

Topics in Jens’s interview:

  • Buying a bankrupt razor manufacturer
  • Embracing risk in German business culture
  • Cleaning out and moving a 116-year old business
  • Another company poaching their clients
  • Pitfalls to avoid when buying a business
  • Developing a new, innovative product
  • Operating a company six hours from home
  • Comparing start-ups to acquisition
  • Value of going where there's less competition
  • The craft of manufacturing

References and how to contact Jens:

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