Can I thank Lee Waters for his question? The company that the Member refers to was in contact with me today. I spoke to the plant manager and I'm keen to speak to the CEO in Germany. It's my belief that the Development Bank of Wales has a huge role to play in ensuring that as many of the, if you like, missing middle remain in Wales and in the hands of Welsh people—. I think there are many people who have said that we need to move to the German model of retaining particularly medium-sized enterprises in Welsh hands.

Whilst I'd urge Members not to make the mistake that de Tocqueville warned us of many, many years ago, which is that you shouldn't try to transplant a culture from one country to another, what we should do is look at the different behaviours and attitudes towards business ownership where, in the UK, I'm afraid there has been a cash-in-and-check-out attitude, once a business reaches a certain size, whereas in other European countries such as Germany, there is an attitude of long-term growth and long-term commitment within a family or within a co-operative. Whilst we can't transplant that attitude and that culture, what we can do is learn from the Germans and others how we can apply a greater degree of long-term planning and commitment to the businesses that people feel so passionately about when they're growing but which they then wish to depart from once they reach a certain size.

So, the Development Bank of Wales is going to be an important component in ensuring that as many businesses in Wales remain in Welsh hands as possible, and there is already—I'm pleased to say—a management succession fund, which amounts to £15 million. This is money that has been allocated to the bank by the Welsh Government, and the development bank are also currently seeking £10 million from Welsh pension funds to swell that particular investment pot.

But it has to be said that the development bank alone can't take responsibility for increasing the number of Welsh businesses that remain headquartered here; it's also for the Government itself, which is why one of the five calls to action within the new economic action plan concerns the headquartering of businesses in Wales. And it's also why Business Wales itself is promoting the fund and ensuring that as many businesses as possible and as many business leaders as possible are able to integrate business funding and support in order to identify and support succession deals—wherever and whenever they may apply.