Vimeo
LinkedIn
Instagram
Share |

Family Business

February 21, 2019

Millennials in the board room are best placed to embrace the digital revolution at their legacy family businesses, a family business expert says.

Millennials in the board room are best placed to embrace the digital revolution at their legacy family businesses, a family business expert says.

The world’s far-reaching technological shift was a factor in the break-up of the 115-year-old Danish family-owned business Maersk, according to Professor Philippe Pelé-Clamour (pictured), HEC Paris adjunct professor specialised in executive education.

February 20, 2019

Vincent Bollore to be replaced by son as Vivendi board member, Ikea eyes launch of sales platform that includes rival products, and Heineken posts rising profits on the back of strong sales boost.

Vincent Bollore to be replaced by son as Vivendi board member

Billionaire Vincent Bollore, who is currently under investigation for his business dealings in Africa, will step down from the board of French telecoms giant Vivendi and be replaced by his son Cyrille.

February 19, 2019

How the Mexican billionaire Servitje family raised Grupo Bimbo into a multinational bakery product manufacturing giant that produces 13,000 products across 100 brands in 32 countries in less than 80 years.

FAMILY

From a humble family store to the world’s largest bakery company, the story of Mexico’s Grupo Bimbo almost has a Hollywood ring to it.

The company’s genesis can be traced back to the move from Spain to Mexico of Juan Servitje, who founded a bakery and retail outlet in his adopted home country in 1928.

February 18, 2019

The Mexican economy may long have had difficulties in achieving brisk growth, but that has not stopped the nation’s largest family businesses from forging ahead and, in some cases, becoming world leaders. Daniel Bardsley takes a look at this land of extremes and where families fit in

The family business dominates the Mexican economic landscape—an often-used motto in the country is “You trust your blood”—but few nations have such a gaping divide between the large and the small.

At one extreme, Mexico has millions of under-the-radar micro-businesses keen to avoid the attentions of the tax collectors, while at the other it plays host to corporate family-controlled giants that are at the global cutting edge.

February 15, 2019

Multi-generational missions in philanthropy are in the fabric of many family businesses. Activities tend to be directed either through a family foundation, directly through the business or in association with the family office. A new Campden Research study will look at wealth holder attitudes towards time-limited charitable giving.

Multi-generational missions in philanthropy are in the fabric of many family businesses. Activities tend to be directed either through a family foundation, directly through the business or in association with the family office. A new Campden Research study will look at wealth holder attitudes towards time-limited charitable giving.

February 14, 2019

Wheatsheaf buys climate tech company to reduce food waste, Sinar Mars founder Eka Tjipta Widjaja dies, and Tata Motors posts record-breaking loss on Jaguar Land Rover.

Wheatsheaf buys climate tech company to reduce food waste

Wheatsheaf Group, the investment arm of the Grosvenor family office, has acquired a 90% stake in Purfresh—a provider of specialised climate control technology designed to reduce food waste during shipping.

It is estimated as many as one out of 15 containers, some worth up to $500,000, are rejected when they arrive at their destination due to spoilage, according to Purfresh.

February 13, 2019

Business families of significant wealth are reviewing the implications of Brexit as the scheduled date for Britain’s withdrawal from the European Union looms.

Business families of significant wealth are reviewing the implications of Brexit as the scheduled date for Britain’s withdrawal from the European Union looms.

PwC has been urging clients to start activating contingency plans in areas where Brexit may affect supply chains and cross-border change. For the sector as whole, many organisations were still waiting to see what the final outcome of negotiations will be before taking significant investment decisions, Peter Englisch (pictured above), global and EMEA family business leader at PwC Germany, said.

February 12, 2019

You can’t choose your family, but you can choose who runs your business. Alexandra Newlove talks to a range of experts about bringing in outside help

In 2006, as Ford Motor Company headed towards a $12.7 billion loss, the worst in the company’s 103-year history, Bill Ford, chief executive and great-grandson of the legendary Henry Ford, realised he needed help.

In an email to staff, Ford introduced his new top man: former Boeing transformation master Alan Mulally, who over the next eight years executed a revitalisation which saw the automaker’s stock appreciate more than 1000% from recession lows, and Mulally remembered as one of the all-time great business leaders.

February 11, 2019

William Herbert, the 18th Earl of Pembroke, may have his family’s Palladian mansion Wilton House decorated with van Dycks and Rembrandts, but the collection closest to heart is parked in his converted coach house. Lord Pembroke shares with James Beech his practical insights on owning and running classic cars as passion investments.

William Herbert, the 18th Earl of Pembroke, may have his family’s Palladian mansion Wilton House decorated with van Dycks and Rembrandts, but the collection closest to heart is parked in his converted coach house. Lord Pembroke shares with James Beech his practical insights on owning and running classic cars as passion investments.

Lord Pembroke inherited his love of motor cars from his great-grandfather, Arthur Wignall Tate, the grandson of Sir Henry, the sugar merchant and philanthropic founder of the Tate gallery.

Click here >>
Close