Vimeo
LinkedIn
Instagram
Share |

Heineken

February 15, 2013

It has been a week of mixed fortunes for family businesses, with Heineken and PPR riding high, Saputo treading water in its third quarter and Peugeot continuing to flounder. 

It has been a week of mixed fortunes for family businesses, with Heineken and PPR riding high, Saputo treading water in its third quarter and Peugeot continuing to flounder.

PPR
In the fashion world PPR, the French luxury goods firm that owns Gucci and Yves Saint Laurent among others, posted excellent annual results on 15 February.

The Pinault family-controlled company reported a net income rise of 6.3% to €1.4 billion, while revenues jumped 20.8% to €9.7 billion.

October 25, 2012

Tough trading conditions are continuing to take their toll on family businesses in Europe, with profits falling at Volkswagen and Santander. 

Tough trading conditions are continuing to take their toll on family businesses in Europe, with profits falling at Volkswagen and Santander.

Carmaker Volkswagen, which is controlled by the Porsche and Piech families, had a particularly tough third quarter, with operating profits falling to €2.3 billion – down 19% on the same period last year. It came on the back of a 26.8% rise in revenues during the quarter.

September 27, 2012

Some of the world’s best-known family businesses, from Heineken in the Netherlands to American Greetings, are in the limelight for expansion plans and for keeping ownership of companies within the family.

Some of the world’s best-known family businesses, from Heineken in the Netherlands to American Greetings, are in the limelight for expansion plans and for keeping ownership of companies within the family.
 
The family behind cards-maker American Greetings said on 26 September that it wants to buy the shares in the company it doesn’t already own.
 

August 8, 2012

Family-controlled drinks company Heineken is facing a possible bidding war as it attempts to buy out Asia Pacific Breweries, the maker of Tiger Beer.

Family-controlled drinks company Heineken is facing a possible bidding war as it attempts to buy out Asia Pacific Breweries, the maker of Tiger Beer.

The Dutch company had offered conglomerate Fraser and Neave S$50 (€33.50) for its stake in APB.

But on 7 August, a group linked to one of Thailand’s richest men, Charoen Sirivadhanabhakdi, made a surprise counterbid, driving APB’s share price to S$52.20, well over the price offered by Heineken.

June 8, 2012

Dutch group Heineken has acquired fellow family-run cider-maker Stassen, in a move that will increase the brewing giant’s cider-making capacity in continental Europe.

Dutch group Heineken has acquired fellow family-run cider-maker Stassen, in a move that will increase the brewing giant’s cider-making capacity in continental Europe.

The acquisition of Stassen, founded in 1895 by Leon Stassen and until now in family hands, will also add to Heineken’s research ability on cider, said a statement on 8 June.

April 30, 2012

Family businesses are crucial to wealth creation in the UK as demonstrated by the latest Sunday Times Rich List, where more than half of the top 100 richest people had family companies to thank for their fortunes.

Family businesses are crucial to wealth creation in the UK as demonstrated by the latest Sunday TimesRich List, where more than half of the top 100 richest people had family companies to thank for their fortunes.

Led by steel tycoon Lakshmi Mittal and his family, worth £12.7 billion (€15.6 billion), the top 100 boasts 53 people and families that owe their wealth to family-run groups, accounting for a total of £140 billion.

April 18, 2012

Pick n Pay, the South African retailer controlled by the Ackerman family, has posted a drop in its full-year profits, while two family businesses in Europe have seen their revenues increase in the first quarter of 2012.

Pick n Pay, the South African retailer controlled by the Ackerman family, has posted a drop in its full-year profits, while two family businesses in Europe have seen their revenues increase in the first quarter of 2012.

Johannesburg-based Pick n Pay said on 18 April that EBITDA fell by 4.2% to 2.07 billion South African rand (€202 million) for the year to 29 February, from 2.16 billion South African rand the previous year.

April 14, 2012

Family business Heineken is synonymous with beer – after all, the Dutch brewery is the third-largest beer-maker in the world. But now, the company is looking to be associated with something a little different – helping rebuild earthquake-torn Haiti.

Family business Heineken is synonymous with beer – after all, the Dutch brewery is the third-largest beer-maker in the world. But now, the company is looking to be associated with something a little different – helping rebuild earthquake-torn Haiti.

The brewing giant, controlled by the Heineken family, is reportedly planning to meet Haiti’s president Michael Martelly and the Clinton Global Initiative to put together plans to build hospitals and schools in the region.

February 15, 2012

Automobile-manufacturer Peugeot Citroen has been dragged down by loss in its core division while Dutch brewery Heineken has taken advantage of the booming emerging markets to offset decline in Europe.

Two European family businesses have reported contrasting results for 2011 – while automobile-manufacturer Peugeot Citroen has been dragged down by loss in its core division, Dutch brewery Heineken has taken advantage of the booming emerging markets to offset decline in Europe.

Click here >>
Close