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international expansion

FB Roundup: Akka Technologies, Walmart, and Mars

June 7, 2018

Akka enters US aerospace, Walmart sells majority of Brazil business, and Mars invests $1 billion in sustainability

Akka enters US aerospace

The rapidly growing Akka Technologies is making good on its promise to conquer the US, acquiring PDS Tech for an undisclosed sum.

FB Roundup: Lidl, EasyJet, and Ralph Lauren

June 7, 2017

Lidl new catwalk for Heidi Klum; EasyJet founder pledges half his fortune; and Ralph Lauren appoints new chief executive

Lidl new catwalk for Heidi Klum

Model Heidi Klum has chosen the aisles of Lidl as her next catwalk, launching a fashion line in conjunction with the discount supermarket.

The range will be released in the chain’s 650 UK and 9000-plus European stores this autumn.

Majority of European family businesses tapping into international markets

November 25, 2015

Three quarters of European family businesses are operating internationally, and 23% say furthering growth abroad is their top priority over the next two years, according to new research.

Three quarters of European family businesses are operating internationally, and 23% say furthering growth abroad is their top priority over the next two years, according to new research.

This is at odds with a common perception that family businesses tend to be domestically-focussed, said the KPMG report European Family Business Trends.

The report was based on research that included surveys with 125 family businesses and a further 125 high net worth individuals.

Warburtons plans to expand family business in Europe

October 13, 2011

British family business Warburtons will focus on developing its European market, rather than looking to expand worldwide, for the foreseeable future, according to a company spokeswoman.

British family business Warburtons will focus on developing its European market, rather than expanding worldwide, for the foreseeable future, according to a company spokeswoman.

The bakery business, which is controlled by the Warburton family, announced trial sales of products outside of the UK for the first time this week, amid growing demand for wrapped bread throughout Europe.

India’s Aditya Birla founding family boosts investment

September 29, 2011

The family behind India’s Aditya Birla Group plans to invest $17 billion globally, as it looks to double its revenues over the next four years.

Kumar Mangalam Birla, chairman of the family business whose operations include metals, retail and producing insulators, is looking to achieve $65 billion (€47.7 billion) in sales by 2015, up from its current $35 billion, said a company spokeswoman.

Indian family business pursues international ambitions

August 30, 2011

Family-controlled Indian conglomerate Piramal Group plans to make a big investment internationally as it seeks growth outside of its home market.

A spokesman for the company, which operates in a number of areas including pharmaceuticals, real estate and healthcare, told CampdenFB that the Piramal family will invest around $1.5 billion in mostly biotech companies in the US and Europe.

“The investment is part of our ongoing strategic diversification efforts,” he said.