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Six of the best

Want to know more about the family businesses on our Global Challengers 2012 list? Here are six of the best.

Fifty family businesses made our Global Challengers 2012 list. Here’s six of the best:

Scholz Group
Scholz family

CampdenFB’s top global challenger is the perfect example of a German Mittelstand company – it’s family-owned, focuses on organic growth and is debt free – and it’s virtually unknown outside of its sector. But Scholz, which is currently headed by fifth-generation Oliver Scholz, is a top player in the metal recycling industry, supplying steel and other metals to companies like ArcelorMittal and the Riva Group.

Facts
Pre-tax profit: €246.6 million (2011)
Number of employees: 7,500
Generation of ownership: Fifth
Best known for: Not being known
 


JCB
Bamford family

The fastest growing family business in the UK, JCB has been good at diversifying into emerging markets, which is where much of its growth has come from in the last few years. Famous for its yellow diggers and construction equipment, the Bamford family-owned group was recently named the UK’s private business of the year. Second-gen Anthony Bamford and his senior management like the family business model, non-family chief executive Alan Blake recently said.

Facts
Pre-tax profit: €444.2 million (fiscal 2012)
Number of employees: 10,000
Generation of ownership: Second
Best known for: Yellow diggers
 


Magazine Luiza
Trajano family

The third-largest retail group in Brazil in revenue terms, Magazine Luiza is currently run by second-gen Luiza Helena Trajano Inácio Rodrigues. Featured for the second time in CampdenFB’s Global Challengers list, the family-controlled business has achieved very strong growth – its 92% revenue increase between 2009 and 2011 surpassed the 84% rise seen in last year’s list.

Facts
Pre-tax profit: €114.7 million (2011)
Number of employees: 26,000
Generation of ownership: Second
Best known for: Being the first retail company in Brazil to introduce online shopping
 


Prada Group
Prada family

When Miuccia Prada joined the family business in 1970, she had a degree in political science and no fashion experience. But together with her husband – business savvy Patrizio Bertelli – she turned the Milanese firm, which was founded by her grandfather in 1913, into one of the world’s most successful fashion houses. Thanks to recent booming demand for luxury goods in Asia, the family business makes the list again this year.

Facts
Pre-tax profit: €759.3 million (fiscal 2012)
Number of employees: 8,000
Generation of ownership: Third
Best known for: Top fashion brands
 


MasTec
Mas family

It’s rare these days to see fast-growing construction companies, but Florida- based MasTec shows you can succeed no matter what sector you’re in if you have the determination. MasTec’s strong growth is probably down to its success in diversifying. The second-generation- controlled business is involved in everything from building oil pipelines and wind farms to maintaining fibre-optic networks across the US.

Facts
Pre-tax profit: €219 million (2011)
Number of employees: 10,000
Generation of ownership: Second
Best known for: Surviving the construction downturn

 

Dabur India
Burman family

One of the oldest businesses in India, Dabur traces its roots back to 1884 when SK Burman set up a company to sell healthcare products. Today the group, which has seen rapid growth over the last 10 years, is well known also for its food and consumer goods. Diversification has been largely credited for Dabur's growth in the country - it introduced boxed fruit juices in the 1990s and made its first-ever international aquisition, of a Turkish personal care group, two years ago. Dabur is currently led by fifth-gens Anand and Amit Burman.

Facts
Pre-tax profit: €134.9 million (fiscal 2012)
Number of employees: 5,650
Generation of ownership: Fifth
Best known for: Chyawanprash, widely consumed in India

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