Vimeo
YouTube
LinkedIn
Instagram
Share |

Shortlist

Shortlist

Campden Wealth, in association with Societe Generale Private Banking, announced the shortlist for the fourth annual European Families in Business Awards on 13 May 2015.

The winners were announced during a gala dinner on Tuesday 23 June 2014 at St Regis, Rome.

For this year's iteration, a jury composed of family business leaders, business school experts and the Campden Wealth editorial team drew up a shortlist from more than 250 businesses and entrepreneurs nominated by their peers on the CampdenFB magazine website, as well as by readers of the magazine.


 

TOP FAMILY BUSINESS

Beretta

FAMILY: BERETTA
SECTOR: FIREARMS AND LIFESTYLE
COUNTRY: ITALY

As the world's oldest gunsmith, the Beretta family company has manufactured arms for more than 15 generations. Products include rifles, shotguns, pistols, and knives, but under the current generation the business has diversified into luxury lodges and clothing lines. Today, the company is owned and run by Ugo Gussalli Beretta and his sons, Franco and Pietro, and is praised for its "ambidextrous" leadership, balancing innovation, and family tradition. The original family business, founded in 1526, is controlled by Beretta Holdings, which owns 26 companies across major sports weapons and optical equipment manufacturers. The holding company reported revenues of $836 million in 2013.


Danfoss

FAMILY: CLAUSEN
SECTOR: MANUFACTURING
COUNTRY: DENMARK

Technology is at the heart of Danish family business Danfoss, which produces pumps, valves, seals, and fluid control equipment. Headed by second-gen chairman Jørgen Clausen, the company, founded in 1933, is almost entirely owned by The Bitten and Mads Clausen Foundation and the Clausen family – an ownership structure that gives it a sense of stability and continuity. The family business, which has revenues over €4 billion ($4.45 billion), is committed to future generations both through its commitment to sustainable energy industries, such as wind and solar power, as well as its theme park, Universe Danfoss, which aims to inspire children to engage in science and technology. It is committed to transparent corporate governance, as well as sustainable practices – its annual sustainability report last year revealed energy usage had dropped 2.3% from 2013.


Grifols

FAMILY: GRIFOLS
SECTOR: PHARMACEUTICAL
COUNTRY: SPAIN

Located on the outskirts of Barcelona is Grifols – one of the top blood derivatives manufacturers in the world. It is noted for its innovation (making Forbes World’s Most Innovative Companies list in 2014) and commitment to high ethical standards, for which other large pharma companies often suffer a bad reputation. Founder José Grifols was a doctor of haematology and the first researcher to publish the plasmapheresis procedure (the removal, treatment, and return of plasma to blood circulation). Since 2002, his son Victor Grifols has been CEO and chairman. In 2014, company revenues were up 20% to €3.3 billion ($3.67 billion). The company’s philanthropic foundation is dedicated to fostering ethical attitudes in the healthcare sector.


Royal De Heus

FAMILY: DE HEUS
SECTOR: ANIMAL FEED
COUNTRY: NETHERLANDS

In its mission statement, Royal De Heus explicitly refers to its family-ownership structure, adding that it wants to create “agricultural development and progress” wherever it is active. The 104-year-old business started out as a regional feed company, but today operates in more than 50 countries with annual revenues over €2 billion ($2.23 billion). Fourth-generation brothers Koen and Co have helped rapidly globalise the firm – in 1998 it had no clients outside the Netherlands, now it operates in countries from the Czech Republic to Vietnam. The pair run the company as co-CEOs, and their father Henk is chairman of the board.


Tous

FAMILY: TOUS
SECTOR: JEWELLERY AND ACCESSORIES
COUNTRY: SPAIN

A small teddy bear is the hero of Catalan family business Tous. Designed two decades ago by Rosa Oriol, who married second-generation Salvador Tous, the stylised emblem has become central to the accessible luxury jewellery and accessories brand. The couple’s four daughters – Rosa, Alba, Laura, and Marta – join the husband and wife team at the helm of the business, regularly acting as brand ambassadors. Alba Tous is being groomed to one day head the family business. Although the company started in 1920 as a small watch repair shop, it is Tous’s strong international presence which has enabled it to survive the worst of Spain’s economic woes, with revenues up 10% in 2014 to €371 million ($413 million).


 

TOP FAMILY BUSINESS LEADER

Ana Botín

ROLE: CHAIRWOMAN
COMPANY: SANTANDER
COUNTRY: SPAIN

Despite an emergency leadership transition following the sudden death of her father last year, Ana Botín has taken the change from CEO of the UK business to chairwoman of the entire Santander group in her stride (she chaired her first shareholder meeting days after her father’s death). Botín’s father was a stalwart of Spanish business, and it was noted during her widely publicised appointment that she was to become the most powerful woman in European banking. Botín has competently picked up the mantle and made her stamp on the business, making a series of changes at the C-suite level, slashing her father’s high- dividend policy, restricting acquisitions, and raising €7.5 billion ($8.39 billion) in a January share sale.


Nayla Hayek

ROLE: CHAIRWOMAN
COMPANY: SWATCH
COUNTRY: SWITZERLAND

While Swatch may be synonymous with its cheap and cheerful timepieces, second-generation chairwoman Nayla Hayek has helped lead the company’s diversification into luxury jewellery. In 2013, Swatch Group purchased high-end brand Harry Winston, where she is now CEO. Hayek joined the board of directors at her family business in 1995, becoming chairwoman upon the death of her father, company founder Nicolas Hayek, in 2010. It was her interest in horses that forged many business relationships in the Middle East, boosting the group’s business interests there. Preparing the third generation to one day takeover her role is in the pipeline, with her son Marc already CEO of Breguet and Blancpain.


Bella and Venetia Hoare

ROLE: PARTNERS
COMPANY: C HOARE & CO BANK
COUNTRY: UK

Venetia Hoare rejected an initial approach to join the family business, spending the early part of her career at the now defunct Barings Bank – another family banking dynasty headquartered in London. However, when she became C Hoare & Co’s first female partner in 1996, having come on board five years earlier, she paved the way for future female members of the next generation to join the family business. A case in point was Bella Hoare who became a partner in 2001 having created the Moscow back office for Brunswick Warburg in the emerging Russian equities market of the 1990s. Her role in the bank involves ultimate oversight of risk management.


Nadja Swarovski

ROLE: EXECUTIVE DIRECTOR
COMPANY: SWAROVSKI
COUNTRY: AUSTRIA

Fifth-gen Nadja Swarovski is credited with bringing Swarovski back to the forefront of fashion. This has been an important boost as around 80% of the company’s revenues (€3.05 billion/$3.39 billion in 2014) come from its gemstone design and manufacturing arm. Since joining in 1995, Swarovski established relationships with the likes of Alexander McQueen, who incorporated the company’s crystals into his haute couture gowns, as well as Versace, Viktor & Rolf, and upcoming designers. More recently she has committed herself to starting the Swarovski Foundation, which willfocus on education, particularly in the creative industries, female empowerment, and conservation.


Francisco Riberas

ROLE: CHIEF EXECUTIVE
COMPANY: GESTAMP
COUNTRY: SPAIN

Gestamp was only formally founded in 1997, but was built off the back of a steel trading company established by Riberas’s father in 1958. Although it is now headquartered in Madrid, the original family business was very much a regional affair, with its roots in the Basque Country. It was Riberas’s vision to take the company into international markets that helped it through Spain’s recent economic troubles. The second-gen first expanded into Germany and France, before tackling Latin America. The company closed 2013 with revenues of €5.7 billion ($6.38 billion), having dropped to €2 billion in 2009 – a turnaround led by strategic acquisitions, and investment in Bric economies.


 

TOP FAMILY BUSINESS RISING STAR

Holly Branson

ROLE: SPECIAL PROJECTS MANAGER
COMPANY: VIRGIN GROUP
COUNTRY: UK

While many next gens head to business school and work in consultancy or banking before returning to the fold, Holly Branson studied medicine. She took time off from her career in 2008, however, to join the family business as an intern. Now she heads up special projects for Virgin Management, and is a trustee at the family business’s philanthropic arm, Virgin Unite. Branson has drawn on her medical background in this role, helping the group set up health clinics in Africa, and to raise awareness of health-related issues. As a regular blogger for Virgin, with a strong social media presence, Branson could be preparing to one day succeed her famous father as the face of the brand.


Bianca Braun

ROLE: HEAD OF INTERNAL AUDIT
COMPANY: MAXON MOTOR
COUNTRY: SWITZERLAND

While Braun, the original family business founded by Bianca Braun’s great-grandfather in 1921, has been eaten up by the Gillette Group, the business that her father spun off in 1961 is no less interesting. Braun is head of internal audit at Maxon Motor, which provides small motors to help run prosthetics, vacuum cleaners, and even the Mars Rover. Before joining the business, Braun completed her doctoral thesis on what makes family- owned firms more successful than their counterparts on the stock exchange. She works alongside her father at the second-generation family business, which had revenues of CHF360 million ($384 million) in 2012.


Marc de Kuyper

ROLE: PRESIDENT OF US OFFICE
COMPANY: DE KUYPER ROYAL DISTILLERS
COUNTRY: NETHERLANDS

The supervisory board of Dutch family business De Kuyper Royal Distillers has given 11th-generation family member Marc de Kuyper a challenge. He must create a US subsidiary for the family business’s high-end product portfolio, starting with Mandarine Napoléon liqueur. The board gave him five years, and that time is almost up, but he has done well by all accounts, with another product, a chocolate liqueur, also becoming an unexpected hit. De Kuyper started his own internet business while studying computer science and business and has worked for fellow Dutch family business, Westland Cheese. He joined his three-century-old family business in 2010.


Catharina Prym

ROLE: MEMBER OF THE SHAREHOLDERS COMMITTEE
COMPANY: PRYM
COUNTRY: GERMANY

A 20th-generation member of the Prym family and the 15th-generation of Germany’s oldest family-owned business, Catharina Prym has played a major role in leading the shareholder’s involvement since joining in 1995. In her mid- twenties, she initiated and became a member of a shareholder’s committee to review the company’s partnership agreement. From 2007 to 2009, during a difficult phase for the family company, Prym helped to develop the family strategy to salvage the family’s ownership. She is one of the founders of FBN NxG Germany and is currently leading the company in a major financing project.


Veronica Squinzi

ROLE: GLOBAL DEVELOPMENT DIRECTOR
COMPANY: MAPEI
COUNTRY: ITALY

Starting at the family business straight out of university, where she studied politics, economics, and statistics, Veronica Squinzi initially got involved as a financial controller. She has since taken a shift to the strategic side of the international paints and adhesives business, founded by her grandfather in 1937, becoming global development director. Mapei operates in 50 countries, and internationalisation is a key part of the company strategy. Squinzi says because Mapei is a family-owned business it is able to create sustainable, long-term relationships and it is committe to local solutions in each of the markets in which it operates.


 

TOP NEXT GENERATION ENTREPRENEUR

George Bamford

COMPANY: BAMFORD WATCH DEPARTMENT
COUNTRY: UK

Big yellow diggers are where George Bamford’s family built their name and their wealth, but the London-based third-gen is taking on engineering at a much smaller scale with his latest business venture. The genesis for Bamford Watch Department came when he realised many of his peers owned the same Rolex timepiece that he treasured so much. He initially worked with the engineering team at JCB to customise his own watch, before moving on to outside orders. Bamford has been running this business since 2003, primarily working with Rolexes, but also Patek Philippes, and Tag Heuers among others.


Hugo and Alexandre Mulliez

COMPANY: ARTSPER
COUNTRY: FRANCE

From FMCG to contemporary art – cousins Hugo and Alexandre Mulliez, third-gens of French supermarket giant Auchan, created online contemporary art website Artsper in 2012. Hugo, 27, a graduate of Edhec business school, worked in private equity before heading down the entrepreneurial route. Alexandre, 29, is a board member at Artsper, and has recently returned to the family business, working in the e-commerce division AuchanDirect. Artsper is targeted towards people who might be new to art collecting, seeking art works under the €5,000 ($5,605) price point.


Hugo Peris

COMPANY: LOOP THERAPEUTICS
COUNTRY: SPAIN

Hugo Peris is an international entrepreneur by way of Barcelona, Australasia, Shanghai, and the US. Fittingly, given his family is behind pharmaceutical company Laboratorios Salvat, Peris graduated with a degree in international business, and a master’s in health economics and pharmaeconomics. Spending the first part of his career in the pharmaceuticals industry, Peris’s first entrepreneurial venture was as a founding team member at Luqa Pharmaceuticals, based in China, established in 2010. He has now launched Loop Therapeutics, an ophthalmic pharmaceutical company focused on corneal eye disease, spun out as an R&D arm from the family business, where he is a fourth-generation board member.


Danielle Ryan

COMPANY: ROADS GROUP
COUNTRY: IRELAND

Fragrance has been the runaway hit at the lifestyle group Danielle Ryan founded in 2013 – in its first year Roads Fragrance sold 20,000 units, bringing in around €2 million ($2.24 million). While Ryan’s family made their wealth in budget airlines, the 31-year-old has gone high- end – selling her products in department stores such as Barneys in New York, and Selfridges in London. The other two divisions of the business focus on film finance and publishing. Roads Entertainment is headed up by former Irish Film Board executive Alan Maher and current films in its slate are still under production. The publishing arm produces high-end illustrated classics.


Oliver Von Boch

COMPANY: BRIGITTE VON BOCH
COUNTRY: GERMANY

As the ninth generation of Villeroy & Boch, a tableware and ceramic company, Oliver von Boch has veered only slightly from the family business, with his lifestyle and accessories stores Brigitte von Boch. Created in 1998, there are now 18 stores across Germany, Austria, and Luxembourg. The company has since launched a blog, online store, and catalogue. The lifestyle company keeps family through all it does – it is named after his mother, Brigitte. Von Boch’s wife, Dina, helps him run the company, and the couple’s daughters appear on the company website.


 

TOP NON-FAMILY DIRECTOR

Jørgen Vig Knudstorp

CHAIRMAN AND CEO SINCE: 2004
COMPANY: LEGO GROUP
COUNTRY: DENMARK

Jørgen Vig Knudstorp, a former McKinsey consultant who joined the family-owned Lego Group in 2001 and was named CEO in 2004, transformed the once ailing toymaker into one of the world’s most powerful brands. Knudstorp put creative control into the hands of hardcore fans and it is now estimated that Lego has 120,000 volunteer designers. The 46-year-old is the first non- family member to head the toymaker in its 83-year history. Lego posted double-digit sales growth in all regions in 2014.


Antoine Mattar

CHAIRMAN SINCE: 2001
COMPANY: CONSOLIDATED CONTRACTORS COMPANY
COUNTRY: GREECE

Antoine Mattar joined Consolidated Contractors Company, the largest construction company in the Middle East, as a financial controller in 1971. For the past 11 years, Mattar has worked as a non-executive director and chairman of the firm’s finance committee. He played an important role in the Moon Valley Project that sought to bring agricultural products to UK supermarkets as well as a higher education scholarship with the British Council to bring Palestinians to UK universities. Mattar is a Knight of the Order of St John.


Norman Soutar

CEO SINCE: 2006
COMPANY: WILLIAM JACKSON FOOD GROUP
COUNTRY: UK

Norman Soutar, a former major in the Scots Guards who won the Military Cross in the first Gulf War, joined William Jackson Food Group in 2006 and has helped transform it into one of the UK’s largest family businesses. As chief executive, Soutar is responsible for the performance of the businesses and the development of the group. Under his tenure, William Jackson Food Group has seen revenues increase by 17.5% to £268.5 million ($409 million) in 2014, with operating profit up 24% to £16 million. The sixth-generation family business’s most famous brands are Abel & Cole, Aunt Bessie’s, and Yorkshire’s Champion.


Martin Winterkorn

CEO SINCE: 2007
COMPANY: VOLKSWAGEN
COUNTRY: GERMANY

Martin Winterkorn has been with Volkswagen since 1993, and became CEO after succeeding Bernd Pischetsrieder in 2007. Under Winterkorn’s direction, VW has doubled its number of production plants to more than 100 and expanded from eight to 12 brands. Global vehicle sales have increased by 63%, placing the firm within a hair’s breadth of overtaking Toyota as the world’s number one automaker. Volkswagen – whose brands include Audi, Bentley, and Lamborghini – produced a record breaking 10.1 million vehicles last year.


Jochen Zeitz

CEO SINCE: 2010
COMPANY: KERING
COUNTRY: FRANCE

Jochen Zeitz was appointed chairman and CEO of Puma in 1993, becoming the youngest CEO to head a public company in German history at just 30-years-old. The German native later moved on to become director and chairman of the sustainable development committee at Kering, the French luxury goods holding company owned by François Pinault. Zeitz is the architect of the environmental profit and loss account (EP&L), which places a financial value on the environmental impacts of a business in order to help them combine sustainability metrics with traditional business management. He gained international accolades for taking the bold move of disclosing the EP&L.


 

TOP SUSTAINABLE FAMILY BUSINESS

Faber-Castell

FAMILY: FABER-CASTELL
SECTOR: OFFICE PRODUCTS
COUNTRY: GERMANY

Faber-Castell has been making stationery since 1761 and now produces more than two billion pencils per year from sustainable sources. The company has been modernising its operations after Austria’s Danube River broke its banks in 2013, causing €1 million ($1.19 million) of damage, with more environmentally-friendly and disaster-proof equipment. Commitment to sustainable energy has been long term, with water turbines installed at the Faber-Castell headquarters in Stein, Germany, as early as 1956. The company also invests in plantation initiatives, with 10,000 hectares of sustainable pine forest in Brazil, and a similar project recognised by the UN in Columbia. Faber-Castell posted revenues of $757 million in 2013.


Hess Group

FAMILY: HESS
SECTOR: WINE
COUNTRY: SWITZERLAND

Hess Group traces its roots back to 1844, when Johann Heinrich Hess founded his brewery in Bern, Switzerland. For more than 100 years, the family focused exclusively on beer. Fast forward to 2015 and the group now has premium vineyards and wineries on three continents (with locations in USA, South Africa and Argentina), with three international contemporary art collections housed in three winery museums. The family is engaged in sustainable and biodynamic farming practices, with their “Code of Sustainable Winegrowing Practices” ensuring their wines are produced in an environmentally friendly manner. Hess Group is now in its fourth generation.


Illy Caffè

FAMILY: ILLY
SECTOR: COFFEE
COUNTRY: ITALY

Founded by Francesco Illy in 1933, the Italian coffee icon attributes its success to “an unwavering commitment to highest ethics, aiming to improve quality of life for all of its stakeholders”. In March 2011, Illy became the world’s first company to earn Responsible Supply Chain Process certification from independent industrial process arbiters DNV (Det Norske Vertias). Illy’s university of coffee has trained over 50,000 people since opening in 2000 and has branches in Italy, the US, Brazil, and elsewhere. Illy Caffè, now in its third generation, has more than 800 employees and recorded gross revenue of €373 million ($417 million) in 2014.


Kone

FAMILY: HERLIN
SECTOR: ENGINEERING
COUNTRY: FINLAND

Finnish elevator and escalator manufacturer Kone’s mission is to continuously improve all its business activities, particularly those related to energy efficiency. It’s most recent escalator, the Kone MonoSpace 500, is up to 90% more energy efficient than its offerings in the 1990s. Kone elevators are among the most energy efficient in the world, and are frequently used in net-zero energy buildings in Finland, the US, and Canada. In 2014, the company reduced its carbon footprint by 4.8% despite an increase in sales volume of 5.8%. The company posted annual net sales of €7.3 billion ($8.05 billion) in the same year and employs more than 47,000 members of staff.


Ulstein Group

FAMILY: ULSTEIN
SECTOR: SHIPPING
COUNTRY: NORWAY

Ulstein Group is signed up to the United Nations Global Compact, which encourages the development and diffusion of environmentally friendly technologies. In January, the near century-old company signed a contract with Bernhard Schulte Shipmanagement to build two service vessels for the offshore wind industry. The company said it is now planning to raise its profile in the renewables space, with the aim of becoming a major player. Ulstein’s shipbuilding expertise ensures that its vessels have a long service life and are particularly fuel-efficient. Ulstein posted an operating turnover of NOK2.7 billion ($341 million) in 2014.


Click here >>
Close