Author Bios
Amy-Jo Crowley
Amy-Jo Crowley is a reporter at CampdenFB.
From carmaking to media and construction, family businesses around the world are seeing significant growth in revenues and profit, with the Moller-Maersk Group, BMW and MasTec all reporting good results. But things aren't looking as bright for family-controlled commodities trader Louis Dreyfus.
It’s a busy time for sales and acquisitions in the family business world, with companies in France, Vietnam and the US buying controlling stakes, while the Lacoste family has sold off its shares in the eponymous clothing brand.
Workers at Quinn Group, a family business taken over by a state-owned Irish bank in 2011, yesterday staged a half-day protest in the wake of last week's jailing of their former boss, Sean Quinn.
Family businesses around the world have reported mixed quarterly figures, with Samsung and America Movil seeing rises in sales and profits, while Paccar has witnessed a fall in revenues.
Family business Hulman & Company, which owns US car-racing series IndyCar, has no current plans to replace family member Tony George from the company's board, following his surprise resignation last week.
