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family business

November 1, 2011

A member of the Coutts family, which was once behind bank giant Coutts and Co, where the Queen keeps some of her money, is set to sleep rough for a week. 

A member of the Coutts family, which was once behind banking giant Coutts and Co, where the Queen keeps some of her money, is set to sleep rough for a week.

Drummond Money-Coutts, son of former investment banker Crispin Money-Coutts, who was the last of the Coutts to work in the family business, is hoping to raise awareness of homelessness when he takes to the streets of London in a fortnight’s time.

October 13, 2011

Many of Spain’s top family businesses, as well as a sprinkling of businesses from other parts of Europe, gathered at a CampdenFB/Ernst & Young roundtable in September. 

Many of Spain’s top family businesses, as well as a sprinkling of businesses from other parts of Europe, gathered at a CampdenFB/Ernst & Young roundtable in September.

Hosted by the Torres family, makers of some of Spain’s most famous wines, in its bodegas outside of Barcelona (pictured), delegates discussed the big issue of non-family directors in family businesses.

September 27, 2011

Getting a family business to survive past the third generation is usually a difficult task, it is often said. But not so for one British company - John Brooke and Sons is currently in its 19th generation.

Getting a family business to survive past the third generation is a difficult task, it is often said. But not for one British company - John Brooke and Sons is currently in its 19th generation.

The Huddersfield-based business, which can trace its history back to 1541, will soon be celebrated in a new exhibition called A Story of a Yorkshire Mill: 400 Years of Cloth Making.

September 22, 2011

Family-controlled Coopers Brewery says it will become the largest Australian-owned brewer once a planned takeover of rival Foster’s is completed.

Family-controlled Coopers Brewery says it will become the largest Australian-owned brewer once a planned takeover of rival Foster’s is completed.

Foster’s, the maker of VB and Crown Lager, has agreed to an offer worth AUS$9.9 billion (€7.2 billion) from London-based brewer SABMiller, producer of Grolsch and Miller Lite.

Although it only controls 4% of the market, the Foster's takeover should make Coopers, which will enter its 150th year in 2012, the biggest Australian brewery.

September 20, 2011

The majority of top managers and family business owners think that the nature of family firms helps them survive economic downturns, but they also believe that absence of meritocracy and rivalry among family members can affect commercial success.

The majority of top managers and family business owners think that the nature of family firms helps them survive economic downturns, but they also believe that absence of meritocracy and rivalry among family members can affect commercial success.

These are the findings of a survey among 720 family business owners and executives from the Americas, Asia-Pacific and Europe by executive search firm Egon Zehnder International.

September 16, 2011

Switzerland might be the chocolate capital of the world, but the UK was the birthplace of many big-name sweet brands such as Cadbury and of course Thorntons.

Switzerland might be the chocolate capital of the world, but the UK was the birthplace of many big-name sweet brands such as Cadbury and of course Thorntons.

The original founders of the chocolate makers, set up as a family business in the early 1900s, will be honoured this weekend in Sheffield.

September 15, 2011

Family businesses are unlikely to play a big role in driving growth in the number of high net worth individuals in Asia, according to a Hong Kong-based analyst. 

Family businesses are unlikely to play a big role in driving growth in the number of high net worth individuals in Asia, according to a Hong Kong-based analyst.

Amar Gill, head of special projects research at brokerage and investment group CLSA Asia-Pacific Market, told CampdenFB that family businesses will account for only around 20% to 30% of new wealth created over the next four years.

May 17, 2011

Family businesses in the US will make a significant contribution to the country’s economic recovery, according to the latest survey by Family Enterprise USA.

Family businesses in the US will make a significant contribution to the country’s economic recovery, according to the latest survey by Family Enterprise USA.

The survey, which questioned around 190 family businesses in the US, revealed that companies plan to add employees or retain their current staff numbers despite an overall sluggish recovery.

According to the survey, 52% of respondents will add more staff while 42% of businesses intend to maintain their workforce over the next 12 months.

February 3, 2011

The UK-based Institute for Family Business has recommended that the rules governing creation of a family business trust be simplified so that families can plan their succession successfully.

The UK-based Institute for Family Business has recommended that the rules governing creation of a family business trust be simplified so that families can plan their succession successfully.

According to IFB, family businesses use trusts to ensure stable management of the business, especially when handing over control to the next generation.

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