What are the hidden champions?

Hiding champions are small to medium companies that work very successfully in their markets, but tend to be particularly well known for consumers and even for their competitors. The goods and services offered by these types of companies, which are somewhat common and general, are often produced for costs that are very low and create a steady income for companies. Hidden champions will occasionally private products for other companies, which is an approach that allows them to stay under the radar.

with hidden champions there are several characteristics. Companies are often in private ownership than to be publicly traded. It is not uncommon for companies to export a significant amount of their product to different foreign markets, usually using brands that are not considered to be the main players on the market. Hiding champions sometimes focus on the production of goods for other companies that are well known, ultimately refers to these goods with major brands and uses productionStandards required by their clients.

For example, a hidden champion can be a family business that produces paper containers for fast food restaurants. Thanks to private branding, the company can produce branded containers for many different restaurants in operation around the world, without anyone knowing that a small company generates billions of units every year and earns a permanent and significant volume of business. Similarly, the hidden champions can produce other goods that consumers use every day, either on a contract with a brand or even some dark product name that consumers tend to remember easily.

Hidden champions are found in almost every type of industry. They can produce a variety of equipment and spare components, housewares, clothing and even food products. The quality of the goods produced will vary, while some championsthey focus more on quality, while others focus on the production of goods and services that have adequate quality, but also cheaply produce and are intended to sell to customers with low and medium incomes.

operation with a relatively low recognition of the public may have the advantage that hidden champions allows their business without having to deal with problems such as frequent attempts to buy or even hostile takeover. Since companies are not well known for the shopping public, hiding champions can unnoticed by corporate robbers or at least consider it less viable, because there is no recognition of names that would generate publicity that would allow Raider to sell champion as a significant profit.