Going private was the worst thing that could have happened to B+L

Anonymous

Guest
The recent attempted sale of B+L shows how little value B+L has. Do a direct comparison of market share with competitors from 5 years ago. Any improvement?

Private Equity firms do not keep companies like B+L for more than 5 years. WP desperately wants to create a 12 billion dollar fund to buy good companies but can not unload B+L.

A company that no one wants. An owner that wants to sell it at the drop of a hat. Employees that wake up every morning wondering if they will have a job tomorrow. Private equity purchase of B+L was bad for B+L and bad for Rochester.
 






Lack of success may ironically be the best thing for B+L. If the sales growth is kept moderate the company will stay in the sweet spot of being not good enough to sell to another company but good enough to maintain the company in Rochester and pay for everyone's salary.
 






B+L also has a CEO in training. WP owning the company forever will give the CEO the training he needs before he becomes the CEO of another company.

B+L University for executives in training to become real executives.