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FB Roundup: Jim Marshall, Kjeld Kirk Kristiansen, Matthew Riley

April 3, 2023

In this week’s FB Roundup, the family-owned Marshall Amplification is sold to Sweden’s Zound Industries; share losses see profits fall for the Lego family’s investment firm; and Matt Riley’s Daisy Group is poised to buy cybersecurity company ECSC.

Family-owned Marshall Amplification sold to Sweden’s Zound Industries
The UK-based Marshall Amplification, which was founded by Jim Marshall (pictured left) and his son Terry in 1962 and has since gone on to become the amp of choice for some of the world's most famous musicians, has been acquired by the Swedish firm Zound Industries.

The agreement, which will see all Marshall brands and Zound Industries rebranded as the newly formed Marshall Group, will see the Marshall family retaining 24%, making them the largest shareholders.

FB Roundup: AP Moller Holding, Selfridges, The Giving Pledge

December 13, 2021

Maersk family expands into healthcare with Unilabs deal, Weston family sells Selfridges to Chirathivat family, Lonely billionaire Bill Gates shares The Giving Pledge with ex-wife Melinda.

Maersk family expands into healthcare with Unilabs deal

The family holding company best known for controlling the Danish shipping giant Maersk is making good on its plans to tackle global challenges head on by acquiring a Covid-19 test maker and diagnostics company.

FB Roundup: Adani Group, Maersk, Ford Motor Company

September 27, 2021

Adani doubles green investment pledge of rival Reliance, Maersk makes waves with series of e-commerce deals; the 40-year vindication of Bill Ford, the auto environmentalist.

Adani doubles green investment pledge of rival Reliance

Gautam Adani, India’s second wealthiest tycoon and leader of his infrastructure and energy empire Adani Group, has announced a $20 billion investment in renewable energy only weeks after rival Mukesh Ambani, India’s richest person, committed to producing the green energy hydrogen.

FB Roundup: KIRKBI, Ryze Hydrogen, JD.com

September 10, 2021

Chairman Kjeld Kirk Kristiansen secures Lego’s legacy with son’s succession, JCB heir Jo Bamford ventures into green hydrogen projects, JD.com founder Richard Liu makes way for successor.

Chairman Kjeld Kirk Kristiansen secures Lego’s legacy with son’s succession

Kjeld Kirk Kristiansen, the patriarch of the Danish family-owned toy giant Lego, says it is important to sustain the group’s legacy as he transfers control to his fourth-generation son.

FB Roundup: Nintendo, Dilmah, Bestseller

May 28, 2021

Nintendo heir’s philanthropic family office mission, Fernando family’s Dilmah succession plan in play, Bestseller billionaire Povlsen prioritises sustainability over rich list ranking.

Nintendo heir’s philanthropic family office mission

The heir of the founding family of Nintendo says his new $919 million family office will be involved in projects which help create a more exciting future for the world, as well as asset management.

FB Roundup: Pernod Ricard, Lego Group, Gebruder Weiss

April 1, 2021

Pernod Ricard goes upmarket in acquisition and distribution strategy, Locked down families build Lego’s fastest sales growth in five years, Gebruder Weiss profits in combining physical and digital innovation.

Pernod Ricard goes upmarket in acquisition and distribution strategy

Pernod Ricard, the French third-generation wines and spirits giant, is set to acquire a majority stake in a family-owned premium Columbian rum as part of its “Transform and Accelerate” strategic plan.

Pernod Ricard also embarked on a collaboration with Lafayette Imports, a new company founded by Biggar and Leith partners Elwyn Gladstone and Mark Teasdale, to boost its “super-premium” branding in the United States.

FB Roundup: Bestseller, Bertelsmann, Bayshore Global Management

February 6, 2021

Danish Povlsen family’s Bestseller in UK Asos Top Shop deal, German family-controlled Bertelsmann mulls sale of French media group M6, Google co-founder Sergey Brin joins billionaire rush for Singapore family offices.

Danish Povlsen family Bestseller in UK Asos Top Shop deal

Anders Holch Povlsen, the second-generation Danish online retail billionaire, is behind the £295 million ($403 million) acquisition for UK high street names Topshop, Topman and Miss Selfridge.

FB Roundup: Grundfos, Samsung, Warburtons

November 2, 2020

Due Jensen family heir named new chief executive of Grundfos, Lee Kun-hee leaves legacy of Samsung success but succession chaos, Warburtons shares pandemic dough with staff.

Due Jensen family heir named new chief executive of Grundfos

The Due Jensen family of Denmark has returned to helm their industrial giant Grundfos for the first time in almost two decades with the succession of next-generation heir Poul Due Jensen.

Family business Lego Group invests in adult creativity in deal with family office NXMH

November 27, 2019

The Lego Group is building its connections with adult consumers by buying an online fan platform from the family office of a South Korean tech entrepreneur.

The Lego Group is building its connections with adult consumers by buying an online fan platform from the family office of a South Korean tech entrepreneur.

FB Roundup: Lego, Dassault, Benetton Group

July 2, 2019

Lego buys back entertainment parks, Dassault Aviation signs French AI manifesto, Genoa bridge demolished.

Lego repurchase of Legoland Parks continues trend of de-listing
Lego’s parent company has bought back the entertainments company it sold to Merlin Entertainment in 2005 for £4.8bn with a consortium of private equity and institutional investors.

Lego’s parent company, Kirkbi, which is controlled by the third-generation of the Kirk Kristiansen family, already owned a 30% stake in Legoland Parks after selling 70% of the business for about £250 million in July 2005 to repay mounting debts.