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Family business roundup: Acquisitions for Berkshire Hathaway and Henkel; New York Times and PPR divest

February 26, 2013

Family businesses across the world have been in the process of making some mouthwatering acquisitions over the past two weeks, with Henkel and Berkshire Hathaway making bold expansions. Meanwhile, PPR made some savvy divestments in Scandinavia, the New York Times Company put its Boston Globe newspaper up for sale, and UK company Cosalt went into administration.

Berkshire Hathaway/World Publishing

Family business roundup: Bauer, Lachlan Murdoch take control of media assets, March family sells controlling stake

September 5, 2012

Family businesses are showing a strong appetite this week for deal-making, with the Bauers and Lachlan Murdoch taking full control of media companies and Henkel investing in Central America.

Family businesses are showing a strong appetite this week for deal-making, with the Bauers and Lachlan Murdoch taking full control of media companies and Henkel investing in Central America. Meanwhile, New Zealand’s March family has sold a controlling stake in its construction business to a large French company.

Family business roundup: Porsche SE, BMW, Henkel post gains, mixed results at Fiat and AB InBev

August 1, 2012

Second-quarter and half-year 2012 results this week yielded highs and lows for family businesses as Porsche SE and BMW reported major gains while Loews and Saputo saw profits fall.

Second-quarter and half-year 2012 results this week yielded highs and lows for family businesses as Porsche SE and BMW reported major gains while Loews and Saputo saw profits fall. A number of family businesses, meanwhile, had mixed results, with Fiat posting healthy profits amidst declining sales in Europe and Anheuser-Busch InBev reporting increased revenues for the half year despite a decrease in sales volume.

Family business roundup: Profits down at Mediaset and Toyota, up at Henkel, Luxottica and Pao de Acucar

May 9, 2012

Three family businesses in Europe and Brazil have reported strong quarterly results this week, while Italian media conglomerate Mediaset and Japanese carmaker Toyota have seen their profits plummet.

In Germany, Henkel, the consumer goods company controlled by the eponymous family, said on 9 May that net profit increased by 30.3% to €378 million during the first quarter of the year, from €290 million during the same period last year.

Family business roundup: Good week for Europe’s family-controlled firms

March 13, 2012

Asian countries have been growing faster than their European counterparts recently. Yet the reverse was seen in the family business sector this week, when five family firms in Europe posted strong results, while one Asian shipping company saw its profits drop by more than 80%.

Family business supports gruelling off-road rally

December 3, 2011

It’s known as one of the toughest, most gruelling off-road races in the world, but that hasn’t deterred one family business from lending its support to the Dakar Rally.

For eight years in a row, Henkel, controlled by descendants of founder Fritz Henkel, has sponsored the Dakar Rally – which will next take place in January 2012 in Argentina, Chile and Peru.

Withers looks to expand family business offering in Italy

May 6, 2011

Law firm Withers has added three new members to its Milan office as part of its strategy to increase its services for family businesses in Italy.

Roberta Crivellaro, managing partner at Withers’ Milan branch told CampdenFB: “Running a family firm, especially in Italy, is no easy business, but we are committed to making sure that our clients have the smoothest ride possible by building each and every one of our practices that together cater for the complicated world of the family business.”

Family businesses shine in 2010 "most ethical companies" list

March 23, 2010

The 2010 list of the world’s most ethical companies includes many family-owned or –controlled businesses, confirming the sector’s commitment to corporate social responsibility.

The 2010 list of the world's most ethical companies includes many family-owned or –controlled businesses, confirming the sector's commitment to corporate social responsibility.

The list, compiled by the Ethisphere Institute, includes 100 companies from a wide range of countries and industries.

International education comes to the fore

January 1, 2004

The past year has seen exciting developments and activities take place for family businesses at IMD.

The past year has seen exciting developments and activities take place for family businesses at IMD. The key focus remains (since the launch of Leading the Family Business, the first international educational programme for families in business) how to help family businesses become better at what they are doing. A number of research projects address this issue from different angles.

- What is the specific culture of a family business and how can this lead to a competitive advantage?