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Weston family

April 26, 2016

Being home to one of the world’s most global cities is a mixed blessing for the UK, but family businesses play a significant role in keeping regional economies ticking

Being home to one of the world’s most global cities is a mixed blessing for the UK, but family businesses play a significant role in keeping regional economies ticking

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.

March 21, 2013

The next-gens in luxury firms aren’t complacent. Campden looks at 10 who are making a name in their own right.

The next-gens in luxury firms aren’t complacent. Campden looks at 10 who are making a name in their own right.

Kilian Hennessy, 40
He’s an heir of the legendary Hennessy cognac company, but Kilian Hennessy’s luxury interests lie elsewhere: in fragrances. After training under some of Europe’s most prolific noses he worked as a perfumer for Christian Dior, Paco Rabanne, Alexander McQueen and Giorgio Armani.

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.

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.

June 3, 2008

Weston family-owned Associated British Foods is to merge UK cereal business W Jordan & Son with its own Ryvita brand.

Weston family-owned Associated British Foods is to merge UK cereal business W Jordan & Son with its own Ryvita brand.

ABF will hold a 62% interest in the new, combined business. The balance will be held by the existing shareholders of Jordans, which is owned by the Jordan family, and from whom ABF acquired a 20% shareholding last year. The Jordan family will remain fully involved in the business.

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