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Case
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Reference no. 802-060-1
Subject category: Entrepreneurship
Published by: Babson College
Originally published in: 2002
Version: 10.16.98

Abstract

Fjord Trading is a case about a management buy-in (MBI). The founding entrepreneurs cornered the market on a species of fish caught in Norwegian waters, but their company quickly grew out of control. This case provides insight into team-building, working capital, and the nature of opportunity. When the case ends, the students are reading about the moment of decision: whether to sell half their company to older and wealthier partners. This case is supported by supplemental material that can be found in the teaching note: the new partners quickly grab control of the organization. Then as the conflict reaches a climax, new partners lock original partners out of the building and police are called to the scene.
Industry:
Size:
Growth
Other setting(s):
1992-1994

About

Abstract

Fjord Trading is a case about a management buy-in (MBI). The founding entrepreneurs cornered the market on a species of fish caught in Norwegian waters, but their company quickly grew out of control. This case provides insight into team-building, working capital, and the nature of opportunity. When the case ends, the students are reading about the moment of decision: whether to sell half their company to older and wealthier partners. This case is supported by supplemental material that can be found in the teaching note: the new partners quickly grab control of the organization. Then as the conflict reaches a climax, new partners lock original partners out of the building and police are called to the scene.

Settings

Industry:
Size:
Growth
Other setting(s):
1992-1994

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