relations

Trussardi family use €50m buy-out to power growth

February 22, 2019

Trussardi is the latest Italian family-owned heritage brand to accept a buy-out following a €50 million deal with an asset management firm that targets struggling businesses.

Trussardi is the latest Italian family-owned heritage brand to accept a buy-out following a €50 million deal with an asset management firm that targets struggling businesses.

The 108-year-old fashion house said the injection from QuattroR would underwrite its five-year international development plan. The plan was agreed with Tomaso Trussardi, the third-generation chief executive who will act as chairman of the new entity.

How to stave off conflict and hit a happy compromise in business

July 1, 2005

Families and their businesses do well if they have effective communication skills and regular forums for sharing information. Dennis Jaffe describes how to extract the best outcomes and reach emotional stability in the potential cauldron of family business

Dennis Jaffe is a founding member of the Aspen Family Business Group. www.aspenfamilybusiness.com

Roots of good practice that will straddle the generations and help good relations to grow

May 1, 2005

This case was written and co-ordinated by Richard Segal, chairman of the Family Business Council of Southeastern Michigan.

Both sides of a three-generation manufacturing business have been to see the corporate attorney to end their business arrangement. Neither branch of the family wanted to be tied to the other any longer financially. Both sides are willing to either buy or be bought, but neither has the funds to do so, and neither is willing to finance the sale on time. Trust in the family has run aground with no relief in sight.