A Lifeline for Small Companies

Two years ago, Francois Le Brun made a painful decision. With no heirs willing and able to take over the small French winery his family had owned and operated for 140 years, he decided to put Champagne Albert Le Brun up for sale. At the same time, German businessman Norbert Hessbruggen was making a tough call of his own. With no money to develop a new manufacturing technique his engineers had come up with, he decided to bring outsiders into Emag Maschinenfabrik, the century-old German machinemaker that he had built into a leading niche player after buying the company 25 years...

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