Stahlmann GmbH: everything lost due to intergenerational conflict

Sandra Fiedler

Chapter 5 in Case Studies in Family Business, 2024, pp 63-72 from Edward Elgar Publishing

Abstract: This case deals with the failure of a small German family business in the third generation. When the daughters joined the family business, an intergenerational conflict quickly arose: the three generations - consisting of grandmother, father, and daughters - fought for the family business, but the younger generation went in a different direction than the older generations. The daughters took over the management of Stahlmann GmbH in 2017, but the ownership shares were not changed, and the change in management, which was also not communicated to the employees or other stakeholders, did not resolve the conflict. On the contrary, the conflict escalated for years. In the spring of 2022, the sisters filed for insolvency, and in the summer, Stahlmann GmbH was sold to a holding company.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2024
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