Subject: Re: OT German Mittelstand
We have one: "Detlev Louis", Europe's leading motorcycle equipment company.
A typical Warren Buffett company: After having been in the family for decades the founder died, the widow looked for a roof which would ensure a long future for their "child", contacted Warren, and he bought it.
Typical Warren: This highly successful company continues under the roof of Berkshire to operate as before! As me and all my motorbike friends are buying everything from helmets to brake pads and chains at "Detlev Louis" I regularly visit it. Even now, 7 years later, everything is still the same --- so much so that I bet nearly none of their customers has any idea that it changed ownership.