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Conglomerates

Devansh Jain of Inox Group on powering family business and renewable energy growth

September 24, 2021

Devansh Jain, the next generation entrepreneur of the Inox Group family business in India, says family enterprises have proven themselves quick to adapt and lead in the Covid-19 crisis and will play an increasingly important role in co-investing in emerging asset classes.

Samsung third gens could face €5bn inheritance tax

June 9, 2014

Succession at Samsung – South Korea’s largest family-owned conglomerate – could prove costly for the third generation, with analyst estimates putting the potential inheritance tax bill at almost €5 billion.

Analysts have been speculating about the future of the company following the hospitalisation of second-generation chairman Lee Kun-hee last month after a heart attack.

Samsung family plans listing of IT solutions subsidiary

May 9, 2014

The third generation of the Lee family, which controls South Korea’s Samsung, is reportedly restructuring family ownership in the conglomerate’s complicated web of subsidiaries.

The third generation of the Lee family, which controls South Korea’s Samsung, is reportedly restructuring family ownership in the conglomerate’s complicated web of subsidiaries.

The group’s IT solutions business, Samsung SDS, said on Thursday it was planning a listing on the Korea Exchange this year, explaining it will help it secure funds for its global expansion and patents in lucrative business areas such as cloud computing and big data.

Family conglomerates in the GCC need to professionalise, research

April 8, 2014

The sprawling, family-controlled conglomerates common in the Gulf Cooperation Council may not survive the next generational transfer if they don't refine their focus, according to a recent report.

The sprawling, family-controlled conglomerates common in the Gulf Cooperation Council may not survive the next generational transfer if they don't refine their focus, according to a recent report.

Booz & Co, the management consulting division of international accountancy firm PWC, said slowing growth in the GCC as well as greater numbers of foreign companies operating in the region is another threat to the longevity of regional family firms.

Infographic: Turkish family businesses

November 18, 2013

Conglomerates founded in the years following the fall of the Ottoman Empire continue to dominate family business in Turkey today. CampdenFB examines the newly industrialised economy’s family business landscape.

Turkey’s family business sector is led by conglomerates, which represent some of the largest institutions in the transcontinental country. Family firms – of all sizes – represent 90% of the nation’s companies, and the largest of them all, Koç Holding, accounts for 9% of GDP.