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April 2, 2015

Benetton family sells stake in World Duty Free; Family-backed Antofagasta and Teck Resources in merger talks; and Gehl Foods sold to Chicago-based firm

Benetton family sells stake in World Duty Free

Edizone, the family office behind Italy’s Benneton family, said on Monday that it has sold its 50.1% stake in World Duty Free to Swiss competitor Dufry.

According to a company statement, the deal values the group at €3.6 billion ($3.8 billion) and will make the combined group the world's largest travel retailer.

Dufry reportedly paid €10.25 per share.

June 2, 2014

São Paulo-based MCassab Group is the face of today’s prosperous, entrepreneurial Brazil. An 86-year-old Brazilian family-run conglomerate with interests spanning Lego distribution to fish farming, its revenues are expected to double to $1 billion by 2018. Peter Shaw-Smith meets its chief executive and patriarch Fábio Cutait

Two miles north-west of the famous Interlagos Formula One racing circuit stands a group of offices, laboratories and warehouses that is the centre for one of the most successful family-run, and yet relatively unknown, conglomerates in Latin America’s biggest economy – MCassab Group. 

 

April 21, 2014

A brewery may seem an unconventional playground for a child, but Warsteiner’s ninth-generation CEO Catharina Cramer practically grew up at the family business.

April 17, 2014

Solaris, like many Polish family businesses, is still in its first generation, but the family behind it says there is little chance of a public listing anytime soon, as luring investors would see them take their eye off the ball of their core business – manufacturing buses.

Solaris, like many Polish family businesses, is still in its first generation, but the family behind it says there is little chance of a public listing anytime soon, as luring investors would see them take their eye off the ball of their core business – manufacturing buses.

March 13, 2014

Majid and Badr Jafar are busy guiding Crescent Group through expansion in Iraq, embracing global diversification, and tackling family governance. They are also sounding the alarm over the bulge in Arab youth unemployment, and the $700 billion family business governance time bomb. CampdenFB reports 

Badr Jafar has had a long day. Dressed in immaculate business attire, his tie is askew and, although it is mid-afternoon, he’s still got a packed schedule for the rest of his day. In the evening, he flies to New York for a meeting at the United Nations about the Pearl Initiative, the private-sector partnership he set up to enrich Gulf corporate accountability and transparency.

August 8, 2013

Many of the world's condiment makers are family businesses. CampdenFB looks at some of the best-known ones.

Many of the world's condiment makers are family businesses. CampdenFB looks at some of the best-known ones.


 

Kikkoman
Soy sauce
Noda, Japan

August 8, 2013

Hugo Mulliez is the third-gen of one of France’s most successful family businesses, Auchan. He is now on a mission to democratise the elitist world of contemporary art with Artsper, a new online marketplace.

With Artsper we form partnerships with galleries across France and we are starting to develop into Europe. We ask them to get involved in Artsper [an online marketplace where galleries can display artworks for sale from their exhibitions], and after creating their account they can manage it by themselves. We do not have our own artists or artworks, so we don’t have any stock or delivery issues, we are just an intermediary between galleries, buyers and art amateurs.

August 1, 2013

The eighth generation brothers who run Aspall Cyder see their product as a rival to champagne. CampdenFB speaks to them about the black art of cider-making and taking advice from maharajahs.

February 14, 2013

Fifth-generation Johan Andresen runs one of Norway's oldest family businesses. He's transformed the company and isn't quite ready to step down.
 

At the headquarters of Ferd, the billion-euro Norwegian conglomerate, even the chairman orders taxis for visitors. Johan Andresen doesn’t ask his PA to do it nor the receptionist; he simply goes downstairs and, using a tablet computer, does it himself. A taxi promptly turns up.

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