[Interview] 'My Son Won’t Inherit It Either': An SME Finds a Succession Solution in Employees Instead of Family

▤ Summary

This article covers Liberty Labs’ 100% acquisition of Eden Food Service and its plan to convert the company into an employee-owned business over 10 to 20 years. The founder chose this structure to preserve jobs, protect customers, and avoid a traditional M&A path centered on cost cuts and short-term returns. The new CEO will keep operating independently while Liberty Labs supports internal systems such as finance and HR software. The deal also signals a broader succession solution for small and mid-sized companies that cannot pass the business to family members.

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