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Busch

Family Business Roundup: Busch, Realia, and WalMart

October 16, 2015

Family-owned Busch raises stake in Pfeiffer Vacuum; Slim names close associate as CEO of Realia; and WalMart stock tumbles following drop in annual profit

Family-owned Busch raises stake in Pfeiffer Vacuum

German vacuum pump maker Busch, owned by the eponymous family, has increased its stake in rival Pfeiffer Vacuum to 27.2% from 15%, according to a company statement.

Busch had bought the 15% stake in Pfeiffer in a surprise move last month as it seeks to expand its reach within the market.

FB Roundup: Busch, Eataly, and Axel Springer

October 2, 2015

Family-owned Busch buys stake in Pfeiffer Vacuum; Former Luxottica CEO Andrea Guerra takes on Eataly; and Axel Springer to buy Business Insider for $343 million

Family-owned Busch buys stake in Pfeiffer Vacuum

German vacuum pump maker Busch, owned by the eponymous family, has bought a 15% stake in competitor Pfeiffer Vacuum for around €145 million ($161 million).

"As a long-term investor we see a financial investment in Pfeiffer Vacuum as an attractive opportunity to profit more from the potential of a market that we know well," second-gen Sami Busch, one of the company’s five managing partners, said in a statement.

Emotionally-owned businesses

October 9, 2008

Does it matter if your family has no emotional attachment to the family business? I only ask because new research has touched on this very subject and highlighted several interesting issues.

The study by the Institute for Family Business, "Emotional Ownership - The Critical Pathway Between the Next Generation and the Family Firm", reports that fostering emotional ownership at an early age gives family members a sense of identification and attachment to the family business.

Modelo snag in Anheuser-Busch deal as family firms come under fire

July 15, 2008

Grupo Modelo has put a snag in InBev’s Anheuser-Busch deal, claiming it needs to consent to any takeover agreement.

Grupo Modelo has put a snag in InBev's Anheuser-Busch deal, claiming it needs to consent to any takeover agreement. Elsewhere, commenting on the deal, a leading analyst has heralded the death knell of family-owned global enterprises.

The family-owned Mexican brewer, in which Anheuser-Busch has a 50% stake, says that under its agreements with the Budweiser brewer, Grupo Modelo has certain rights regarding the potential transaction between InBev and Anheuser-Busch, including the right to consent.

Busch family divided over possible takeover

May 29, 2008

While speculation that family-run brewer Anheuser Busch is to be taken over by rival InBev is reaching fever pitch, the Busch family has revealed it is split on whether it would be in favour of such a move.

Current CEO and family member Adolphus Busch IV told the Wall Street Journal on Tuesday that while some family members were open to holding talks with InBev, others were firmly against the idea. The company itself has so far remained silent.

Next Gen: Global playground

May 1, 2008

Next gens from all over the globe are joining their family business or holding a prominent position within the company. Families in Business takes a look at some of the most notable next gens who are making the headlines today

Shari Redstone
Notoriously controlling Viacom patriach Sumner Redstone retracted his endorsement of daughter Shari last year, meaning she may now never head the company.