Vimeo
LinkedIn
Instagram
Share |

sales of FBs

January 16, 2012

The family behind Britain’s largest fresh milk producer has sold the family business to German dairy giant and fellow family-controlled company Muller in a deal worth £279.5 million (€337.8 million).

The family behind Britain’s largest fresh milk producer has sold the family business to German dairy giant and fellow family-controlled company Muller in a deal worth £279.5 million (€337.8 million).

In a trading update released on 16 January, Robert Wiseman Dairies said nearly 55% of its shareholders accepted the takeover offer from Muller.

January 13, 2012

German retailer Douglas Group has confirmed that the Kreke family, with the backing of financial investors, wants to take the business private. 

German retailer Douglas Group has confirmed that the Kreke family, with the backing of financial investors, wants to take the business private.

In a statement published on 12 January, the Hagen-based family business said voluntary takeover plans are currently being discussed.

January 11, 2012

The family behind luxury yacht maker Ferretti Group has ended its involvement with the debt-laden family business by selling its stake to a Chinese machinery group. 

The family behind luxury yacht maker Ferretti Group has ended its involvement with the debt-laden family business by selling its stake to a Chinese machinery group.

Shandong Heavy Industry acquired 75% of the Forlì, Italy-based group, in a deal worth €374 million. The agreement will increase Ferretti’s capital by €100 million.

January 6, 2012

Barnes & Noble, the bookstore chain controlled by the Riggio family, plans to spin off its electronic-reader operations in an attempt to help its digital business grow.

Barnes & Noble, the bookstore chain controlled by the Riggio family, plans to spin off its electronic-reader operations in an attempt to help its digital business grow.

The New York City-based family business, which is the second-largest magazine retailer in America, said in a statement that it will “pursue strategic exploratory work to separate the Nook business”.

January 5, 2012

The Abdullah brothers, majority owners of jewellery retailer Damas, plan to sell some of their stake in the family business in an attempt to boost efforts to repay debt.

The Abdullah brothers, majority owners of jewellery retailer Damas, plan to sell some of their stake in the family business in an attempt to boost efforts to repay debt.

According to a filing with Nasdaq Dubai, where the Middle Eastern company first listed its shares in 2008, third-generation brothers Tawfique, Tawhid and Tamjid have appointed a financial adviser to help with the potential sale of a part of their 52% stake.

December 13, 2011

The Gancia family, which controls the eponymous Italian winemaker, has reportedly sold the family business to Russian oligarch Roustam Tariko in a deal worth €150 million.

The Gancia family, which controls the eponymous Italian winemaker, has reportedly sold the family business to Russian oligarch Roustam Tariko in a deal worth €150 million.

According to Russian newspaper Kommersant, Tariko will take over the Piedmont-based company, whose portfolio of brands includes brachetto, chardonnay, prosecco and dry vermouth, by the end of the week.

December 8, 2011

Ferretti, the Italian luxury yacht builder founded by the Ferretti brothers, is reportedly considering selling to Chinese machinery group Shandong Heavy Industry in a bid to restructure the family business’s assets.

Ferretti, the Italian luxury yacht builder founded by the Ferretti brothers, is reportedly considering selling to Chinese machinery group Shandong Heavy Industry in a bid to restructure the family business’s assets.

According to the Financial Times, the debt-burdened group, which owns brands such as Pershing, Itama and Riva as well as its own Ferretti Yachts and Ferretti Custom Line, is considering a deal that would see Shandong repaying its creditors.

November 29, 2011

Weston, a UK-based family-owned manufacturer of commercial aerospace parts, has been acquired by the Senior Group, the London-listed engineering company, in a £54 million (€63 million) deal that ends the family business’s 63 years of independence.

Weston, a UK-based family-owned manufacturer of commercial aerospace parts, has been acquired by the Senior Group, the London-listed engineering company, in a £54 million (€63 million) deal that ends the family business’s 63 years of independence.

Senior announced it bought 100% of the issued share capital of Weston from the founding Sutton family.

November 24, 2011

The family behind one of the US’s largest private exploration and production companies has sold the family business in a deal worth $7.2 billion (€5.4 billion). 

The family behind one of the US’s largest private exploration and production companies has sold the family business in a deal worth $7.2 billion (€5.4 billion).

An investor group lead by private equity firm KKR acquired the Schusterman family’s Samson Investment Company, with the exception of its onshore Gulf Coast and offshore deep-water Gulf of Mexico assets. These will continue to be owned by the founding family.

Click here >>
Close