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Brown-Forman

November 9, 2018

Best practice education, unique networking opportunities and peer-to-peer insights were enjoyed by families and their family offices at the latest Campden European Family Office Conference in London this week.

Best practice education, unique networking opportunities and peer-to-peer insights were enjoyed by families and their family offices at the latest Campden European Family Office Conference in London this week.

Celebrating its 20th anniversary, the continent’s leading family office conference was held for the first time in the historic Royal Society on 6-7 November 2018, and attended by principals, family members and senior executives from 150 true single family offices.

July 26, 2018

Ford creates new self-drive company, Lotte still sweet for jailed director, and family dynasties uneasy over Trump trade

Ford creates new self-drive company

Ford is to morph its self-driving vehicles arm into its own company, Ford Autonomous Vehicles LLC, investing $4 billion into the venture over the next five years.

It follows a similar move by General Motors, which launched “GM Cruise” late last year. Sherif Marakby, Ford’s vice president autonomous vehicles and electrification, will be chief executive of the new LLC, which is structured to allow third party investors.

May 31, 2018

French industrialist Serge Dassault dies, JAB Holding adds Pret to portfolio, and Jack Daniels maker Brown-Forman appoints second successive non-family CEO

French icon Serge Dassault dies aged 93

The controversial French industrialist and politician Serge Dassault, chairman of the eponymous aviation and software giant Dassault Group, has died aged 93.

The nonagenarian, who took over the business after his father’s death in 1986, is understood to have died at the headquarters of Dassault Aviation, according to French media reports.

March 4, 2016

Winterkorn aware of Volkswagen emission cheating software back in 2014; Heineken announces $2bn spending spree in Mexico; and Brown-Forman shifts focus to US

Winterkorn aware of Volkswagen emission cheating software back in 2014

Volkswagen shares suffered a slight dip, before recovering lost ground, after the carmaker admitted that former CEO Martin Winterkorn was aware of emission cheating software as early as May 2014.

January 15, 2016

Brown-Forman sells liqueur brands to fellow family-owned business, fourth-gen announces succession plan at Schindler Group, leadership change at White Castle, and Mills family sells out to KKR.

Brown-Forman sells liqueur brands to fellow family-owned business, fourth-gen announces succession plan at Schindler Group, leadership change at White Castle, and Mills family sells out to KKR.

Brown-Forman sells two liqueur brands

US family alcohol business Brown-Forman has sold two of its liqueur brands, Southern Comfort and Tuaca, to another family-owned company, Sazerac Company, for $544 million.

April 7, 2014

Brown-Forman, one of the US's largest spirits companies, is rumoured to have its sights set on acquiring third-generation French cognac business Remy Cointreau.

Brown-Forman, one of the US's largest spirits companies, is rumoured to have its sights set on acquiring third-generation French cognac business Remy Cointreau.

The source of the rumour was Betaville, a City of London blog penned by freelance financial journalist Ben Harrington.

June 26, 2013

Family business should not be confused with small business in the US

Size matters in the US, which is home to some of the world’s biggest family businesses. The country’s five largest family-controlled firms – Walmart, Ford, Cargill, Koch Industries and Comcast – had combined revenues of $911.9 billion (€694.8 billion) in 2012, more than Indonesia’s GDP.

September 28, 2011

Owsley Brown II, former chairman and chief executive of family-controlled wine and liquor company Brown-Forman, died on 26 September aged 69.

Owsley Brown II, former chairman and chief executive of family-controlled wine and liquor company Brown-Forman, died on 26 September aged 69.

The great-grandson of the founder of the company, Brown died after a brief illness, said a statement by the American beverage group.

Brown, who started his career at the family business in 1968, became its chief executive in 1993 and took over as chairman two years later.

June 15, 2011

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.

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