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george weston

May 9, 2017

High street shoppers worldwide may not have heard of the transatlantic Weston family but they certainly will have heard of the brands owned or controlled by the Irish/Canadian clan. CampdenFB takes a look at the people behind the names

January 19, 2017

Lundin Petroleum announces its 2017 budget, Galen G Weston succeeds father as George Weston CEO, Samsung heir Lee Jae-yong has avoided arrest

Lundin Petroleum announces its 2017 budget

Family-owned oil and gas company Lundin Petroleum, controlled by the eponymous Swedish family, will spend about $1.3 billion on development, appraisal, exploration and production this year, according to its 2017 budget.

June 30, 2015

A few exceptions aside, what is striking about many of Canada's largest family businesses is that they are little known abroad. While these domestically-focused firms have been striving so far, it remains to be seen how they will perform if Canada's economy trips up.

Family businesses are key drivers of Canada’s economy, accounting for at least 45% of GDP, and numbering among them many of the country’s top firms, including global powerhouses such as Thomson Reuters and Bombardier.

July 18, 2014

A fourth-gen of George Weston Limited, the Canadian branch of the Weston family empire, has been promoted to the role of president at its supermarket subsidary Loblaws.

A fourth-gen of George Weston Limited, the Canadian branch of the Weston family empire, has been promoted to the role of president at its supermarket subsidary Loblaws.

Galen G Weston takes over from non-family predecessor Vicente Trius, who will return to Brazil for family reasons.

The Thursday reshuffle comes amid a string of acquisitions by the Weston family, who own 63% of Loblaws through George Weston Limited, including the $12.4 billion (€9.2 billion) acquisition of Shoppers Drug Mart this year.

April 23, 2013

Billionaire Russians, commodity dealers and property magnates are pushing family business owners out of the list of the richest individuals in the UK, according to an analysis of the annual Sunday Times Rich List.

Billionaire Russians, commodity dealers and property magnates are pushing family business owners out of the list of the richest individuals in the UK, according to an analysis of the annual Sunday Times Rich List.

Out of the top 100 wealthiest individuals in the list, 40 were either owners of a family business or their fortune was connected to such a business. That compares to 53 individuals in last year’s list.

February 28, 2012

It’s been a good week for three of Europe’s biggest family businesses, although Denmark’s Moller-Maersk Group has been hit by “voltatile markets”.

It’s been a good week for three of Europe’s biggest family businesses, although Denmark’s Moller-Maersk Group has been hit by “voltatile markets”.

German carmaker Volkswagen said revenues jumped 25.6% to €159.34 billion in 2011, from €126.88 billion in 2010.

January 30, 2012

What happens when a family-controlled business moves into an iconic building? It appears the answer is that history comes alive. Or at least that was the case for Canada-based Loblaw Companies, which recently took over Maple Leaf Gardens, once home to hockey team the Toronto Maple Leafs. 

What happens when a family-controlled business moves into an iconic building? It appears the answer is that history comes alive. Or at least that was the case for Canada-based Loblaw Companies, which recently took over Maple Leaf Gardens, once home to hockey team the Toronto Maple Leafs.

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