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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.

May 3, 2012

A number of family businesses from around the world have gone against the trend of slowed growth, by posting rises in revenues.

A number of family businesses from around the world have gone against the trend of slowed growth, by posting rises in revenues.

Among these is German carmaker BMW, controlled by the Quandt family. On 3 May, the group said it had its “best first-quarter figures ever” in its 100-plus-year history. Revenues rose by 14% to €18.3 billion, up from around €16 billion for the same period last year.

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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