It is a well-established fact that mergers and acquisitions are often influenced by an external industry shock. The recent uncertainty of UK’s decision to stay or leave the EU seems to have affected the number of takeovers during the first quarter of this year. These findings came from a new report by the Centre for [...]
CampdenFB, in association with Societe Generale Private Banking, organized the fifth annual European Families in Business Awards in Berlin on 21 June. The awards were held in conjunction with our European Families in Business Conference. The winners of the 2016 European Families in Business Award are: Top Family Business of the Year: Europa-Park – Mack [...]
A.P. Moller–Maersk Group, also known as Maersk, is a Danish business conglomerate, with interests primarily in the transportation and energy sectors. The company was founded by Peter Mærsk-Moller and his son Arnold Peter Moller in 1904. The fourth-generation family business is today the largest shipping company in the world with offices in 135 countries and [...]
Fiat Chrysler Automobiles, also known as FCA, is an Italian-controlled multinational corporation and currently the world’s seventh-largest auto maker. Exor S.p.A, an Italian investment group owned by the Agnelli family, owns 29.19% of FCA and controls 44.31% through a loyalty voting mechanism. The company traces its history back to 1899 when the first Fiat automobile [...]
The professionalization of family businesses is a tricky subject. More often than not, the business transitions from a founder led to a founder controlled organization. It becomes difficult for founders to let go and hand over the reins to a professional team, even after retirement from management. In a recent move, Facebook is aiming to [...]
Samsung, the largest South Korean chaebol (business conglomerate) was founded by Lee Byung-chul in 1938. Following Lee's death in 1987, Samsung was separated into four business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group. The founder’s third son Lee Kun-Hee took over the reins of the Samsung group in 1987. Under his [...]
South Korea's Hotel Lotte Co Ltd is planning a share sale worth up to 5.7 trillion won ($4.85 billion) next month, in what would be the world's biggest initial public offering since late 2015. The listing is seen as part of the efforts by the group to simplify its ownership structure following a family feud [...]
Aldi is a leading global discount supermarket chain, based in Germany with almost 10,000 stores in 18 countries, and an estimated turnover of more than €50bn. It happens to be one of the world’s largest privately owned companies. Aldi was founded by brothers Karl and Theo Albrecht in 1946. Later in the 1960s the business [...]