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British family businesses

June 21, 2016

Leaders of  $100 million family businesses say they and Britain are conditionally better off in the European Union in the week of the controversial referendum.

Leaders of  $100 million family businesses say they and Britain are conditionally better off in the European Union in the week of the controversial referendum.

An overwhelming 75% of principal owners, chief executives and trusted advisers said the United Kingdom should stay in the EU, in our exclusive survey of the global Campden Wealth community.

“A strong united EU is needed for world peace,” a Remain-voting, Europe based principal of a $500 million to $1 bilion family business said.

June 10, 2016

The global Campden Wealth community of family business leaders overwhelming believe Great Britain is better off staying in the European Union than leaving it.

The global Campden Wealth community of family business leaders overwhelming believe Great Britain is better off staying in the European Union than leaving it.
 
October 16, 2015

The family that owns children's shoemaker Start-rite is relinquishing management control for the first time in the firm's 200-year history and plans to hand over equity to attract top-rank directors.

The family that owns children's shoemaker Start-rite is relinquishing management control for the first time in the firm's 200-year history and plans to hand over equity to attract top-rank directors.

August 21, 2015

The oldest twenty family firms in the UK have collectively traded for 7013 years, and traded on average for 350 years each, according to new data compiled by the UK’s Family Business United. 

The oldest twenty family firms in the UK have collectively traded for 7013 years, and traded on average for 350 years each, according to new data compiled by the UK’s Family Business United.

Whitechapel Bell Foundry in London is the oldest family firm in the country dating back to 1420, having been owned by two families since it was founded all those years ago. Nevertheless, the firm remains family owned today and is celebrating 595 years as a family business this year.

February 27, 2015

Scotland’s Baxter Food Group, known for its soups and chutneys, has returned to the sole charge of fourth-gen businesswoman Audrey Baxter, following the sudden departure of a non-family chief executive.

Scotland’s Baxter Food Group, known for its soups and chutneys, has returned to the sole charge of fourth-gen businesswoman Audrey Baxter, following the sudden departure of a non-family chief executive.

Baxter, who has been chairwoman since 2002, will take over from Bill King, who had been chief executive since 2009 and joined the company in 2002.

The announcement coincided with the release of the company’s 2014 results, and news that it has acquired US convenience food and military ration company Wornick.

June 12, 2014

A hereditary knack for creating highly addictive games has kept Jaques of London in business for eight generations, and despite the growth of computer games the family firm insists there’s an increasing demand for old-fashioned fun. CampdenFB reports

May 1, 2014

The non-family chairman of an international facilities management company has been appointed chairman of the Institute for Family Business (IFB).

The non-family chairman of an international facilities management company has been appointed chairman of the Institute for Family Business (IFB).

Peter Armitage, who has been the chairman of OCS Group since 2005, will take up the IFB chairmanship in June. He joined the company in 1979, and became managing director of OCS International in 2001.

During that time the company has transformed from a largely UK-based business to a group operating in 40 different countries.

April 3, 2014

Up to three quarters of British family firms are putting off succession planning, despite listing it as one of the top challenges they face, says the chief executive and founder of a family business organisation, who says fear of retirement, mortality and upsetting family harmony are among the factors driving this inaction.

Up to three quarters of British family firms are putting off succession planning, despite listing it as one of the top challenges they face, says the chief executive and founder of a family business organisation, who says fear of retirement, mortality and upsetting family harmony are among the factors driving this inaction.

March 27, 2014

The nature of the Internet means online insults traded between two family business next gens, Aga Bakrie and Nat Rothschild, could resurface in Google searches and due diligence for years to come, even after the media storm surrounding it has died down, say family business experts.

The nature of the Internet means online insults traded between two family business next gens, Aga Bakrie and Nat Rothschild, could resurface in Google searches and due diligence for years to come, even after the media storm surrounding it has died down, say family business experts.

This week the Indonesian family behind Bakrie Group formally separated itself from its ill-fated natural resources group Bumi (now renamed Asia Resource Minerals) it co-founded in 2010 with Nat Rothschild, of the English branch of the famous banking dynasty.

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