Bure’s business model
The foundation for Bure’s business model is the ownership philosophy that has evolved over our 25-year history. The ownership philosophy is shaped by in-depth engagement and a strong presence in the portfolio companies. In this way, we build far-reaching expertise about the industries where we are active. The current portfolio includes several companies where we have been involved for many years and contributed to successful development.
At the overall level, our ownership philosophy is based on the following cornerstones:
A long-term approach
A long-term approach is a vital ingredient in building successful companies. Short-term speculation can lead to decisions that are wrong for a portfolio company in a longer perspective. The courage to invest, have patience and show respect creates good conditions for building industrially successful companies and therefore also substantial values. But building for the long term should not be equated with working slowing. On the contrary, a long-term approach places higher demands on professional conduct and entrepreneurial follow-up, which build structural capital and competitive advantages.
Commitment and responsibility
As a principal owner, we work according to a clear agenda with a focus on the respective holdings’ long-term business strategies and value drivers. This requires Bure to maintain a strong presence in the portfolio companies, mainly through active board participations. With ownership follows responsibility. In Bure’s code of conduct we have formulated our views on responsible ownership, and we strive for our portfolio companies to respect these. The Code of Conduct contains clear commitments regarding inter alia ethics, human rights and labor issues and environmental impact.
Our experience is that companies in varying stages of maturity require different types of leadership to create success over time. We don’t believe that any single type of leadership works in every situation. This places demands on us, as principal owner, to be responsive and open to change at all times by continuously evaluating what type of leadership our portfolio companies are in need of.
A good owner has the financial strength and capacity to always support and assist its portfolio companies in meeting their set objectives.