Share |

Bacardi

FB Roundup: Hyundai, Bacardi, Associated British Foods

January 15, 2021

Chung family driving Hyundai make $2 billion on Apple tie-up reports, Bacardi raises the bar on post-Covid ‘mindful drinking’ trend, Associated British Foods stares at $1.4 billion sales loss but rules out Primark e-commerce.

Chung family driving Hyundai make $2 billion on Apple tie-up reports

The Chung family in control of Hyundai became almost $2 billion better off when South Korean media reported the automaker was in early talks of a partnership with Apple, Inc.

Share prices in Hyundai Motor Co soared by up to 25% in Seoul last week, which boosted the family fortunes of Euisun Chung (picture), 50, chairman, and his father, Mong-Koo, 82. Together they hold about 8% of stock in the group, but maintain influence through complex governance arrangements.

FB Roundup: Sodexo, Korean Air, and Global RepTrak 100

April 11, 2019

Sodexo acquires The Good Care Group; Cho Yang-ho, Korean Air chairman, dies age 70; and family businesses rank on Global RepTrak 100.

Sodexo acquires The Good Care Group

Sodexo, the French food services and facilities management conglomerate controlled by the Bellon family, has expanded its UK home care business by buying The Good Care Group (GCG)—a leading player in the UK live-in care market.

The GCG, founded in 2009, provides tailored live-in care services to customers who need physical help to live independently or have complex care needs.

FB Roundup: Bacardi, Dick Smith, and South East Asian impact investing

August 2, 2018

Bacardi to eliminate one billion straws, Aldi banishes Australian icon, and South East Asian impact market picks up

Bacardi to eliminate one billion straws

Bacardi, the world’s largest privately held spirits group, is aiming to eliminate one billion plastic straws by 2020.

FB Roundup: Bacardi, Lidl, and C&A

January 26, 2018

Bacardi buys Patron for $5.1 billion, Lidl slows US expansion, and C&A eyes China

Bacardi buys Patrón for $5.1 billion

Family-owned Bacardi is tapping into the growing popularity of tequila, buying premium brand Patrón.

The companies said in a statement tequila is one of the fastest-growing categories in the spirits industry, with “Patrón being the clear market leader in the super-premium segment”.

FB Roundup: Harvey Weinstein, Bacardi, and Pentland Group

October 20, 2017

Weinstein scandal could claim family business; Philanthropic Bacardi gives $3 million for disaster relief; Pentland Group awarded for excellence by EY

Weinstein scandal could claim family business

The sexual harassment scandal surrounding Hollywood producer Harvey Weinstein may engulf the film studio he co-founded despite resigning from the board.

Bacardi and Hardys: branding the family business

April 10, 2015

Two businesses that have recently launched marketing campaigns inspired by the families behind them are Hardys Wine Company and Barcardi. CampdenFB found out how the campaigns came about

Two businesses that have recently launched marketing campaigns inspired by the families behind them are Hardys Wine Company and Barcardi:

Hardys-Five Generations of Devotion

Hardys Wine Company

Why was the decision made to focus on the family heritage as part of the Five Generations of Devotion campaign?

Showcasing history with a rum in hand

June 13, 2012

Bacardi, the family-owned rum-maker, has been in a celebratory mood this year, holding parties across the globe to celebrate its 150th anniversary. But it hasn’t stopped at just shindigs.

The alcohol company, which owns the eponymous rum as well as brands including Grey Goose vodka and Bombay Sapphire gin, appears keen to show its serious side and has released an archive of more than 30,000 items recording the company’s history.

Party, party, party with the Bacardi family business

January 30, 2012

The Bacardi family sure knows how to celebrate. From launching a limited-edition rum bottle worth around $2,000 to holding parties around the world throughout the year, the American family business is going all out to make 2012 rummy. But there is good reason behind it as the rum and gin-maker marks its 150th birthday this year.

Asia: Polar opposites

September 1, 2006

Indian family businesses are some of the most optimistic in the world, while UK family family businesses are the least. Anuj Chande, Vishesh Chandiok and Howard Hackney take a close look at what the future holds for family businesses in each country

Anuj Chande is an International Business Partner at Grant Thornton UK; Vishesh Chandiok is Country Director International Business at Grant Thornton India; Howard Hackney is Head of Family Business at Grant Thornton UK.