Vimeo
LinkedIn
Instagram
Share |

BMW

May 10, 2018

Youthful energy for Britain’s oldest bank, BMW recalls another 300,000 cars, and Buffett takes bigger bite of Apple.

Youthful energy for Britain’s oldest bank

A 32-year-old member of the founding family behind Britain’s oldest bank, C Hoare & Co, has been promoted to shareholding partner.

The small private bank in London, founded in 1672 and still owned by the 10th and 11th generations (pictured), wanted to modernise and inject “millennial thinking” into the business, current partner Alexander S Hoare told the Financial Times.

March 9, 2018

Nordstrom rejects offer from founding family, BMW reports record year despite R&D spend-up, and son moves up at ArcelorMittal

Nordstrom rejects offer from founding family

Nordstrom has rejected an $8.4 billion offer from its namesake family, the latest chapter in the family’s ongoing attempt to wrest back control of the retail giant.

A special committee appointed to consider the $50 per share offer from six Nordstrom family members said in a statement they deemed it “inadequate”.

July 27, 2017

Demand for meat drives Cargill profits, Armani reorganises as sales slip, and BMW to make e-Mini in UK

Demand for meat drives Cargill profits

Cargill, the US’s biggest private company, has made its largest profit in six years thanks to high consumer demand for meat.

The company’s protein business was the biggest contributor to its $3.04 billion adjusted earnings for the year ending 31 May, up 85% from $1.64 billion in the previous financial year. Net profit was $2.84 billion.

David MacLennan, chief executive, attributed the strong result to a two-year restructuring effort and favourable market.

April 13, 2017

Red bull heir indictment postposed once again; Sky takeover by Murdoch approved by European regulator; and BMW posts record-breaking March sales

Red Bull heir indictment postponed once again

Red Bull heir Vorayuth 'Boss' Yoovidhya, whose grandfather co-founded the energy drink company, has seen his hit-and-run indictment over a 2012 incident with a policeman postponed once again.

For the eighth time in the past year, Vorayuth Yoovidhya missed a scheduled appointment to be formally charged and taken to court by Thai prosecutors. His lawyers said he was “away for business” in England.

December 28, 2016

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Away from politics, in 2016 many family enterprises have been wrangling with the ever-present challenge of succession or exploring artificial intelligence, while we farewell Mars family patriarch Forrest E. Mars Jr. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

October 14, 2016

Sky investors vote against James Murdoch’s reappointment; América Móvil to invest $600m in Dominican Republic; and BMW and Toyota invest in data gathering company

Sky investors vote against James Murdoch’s reappointment

James Murdoch, the younger son of billionaire Rupert Murdoch, has suffered a shareholder backlash at Sky after more than half of the UK media company's independent shareholders voted against his reappointment as chairman.

September 1, 2016

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

The Japanese company owned by the Toyoda family grew by 30% to become the fifth fastest growing portfolio of brands, according to branded business valuation and strategy consultancy Brand Finance.

June 23, 2016

Being the largest national economy in Europe is a mixed blessing for Germany, especially now that sweeping changes are coming for the country’s family businesses. Michael Finnigan takes a look

Being the largest national economy in Europe is a mixed blessing for Germany, especially now that sweeping changes are coming for the country’s family businesses. Michael Finnigan takes a look

December 5, 2014

Antofagasta appoints Codelco veteran as new mining executive;Nakumatt retail chain plans strategic partnership in Kenya Nakumatt, the largest retail chain in East Africa by number of outlets;  Japanese airbag maker refuses regulator recall demands; and BMW launches car sharing scheme in London

Family Business Roundup: Antofagasta, Nakumatt, Takata and BMW

Antofagasta appoints Codelco veteran as new mining executive

Chilean firm Antofagasta, controlled by the Luksic family, has appointed a new chief executive to head its mineral unit.

The family-run firm said Ivan Arriagada Herrera, 51, would take up the appointment in Feburary. He currently works at state-owned competitor Codelco. 

Click here >>
Close