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August 29, 2019

Sackler family offers up to $12 billion to settle opioid lawsuits, Lego family fund poaches Google director to join board and Asia’s richest families join the call to end Hong Kong unrest.

Sackler family offers up to $12 billion to settle opioid lawsuits

Purdue Pharma, the makers of OxyContin, the prescription painkiller at the heart of the US’ opioid crisis, have offered between $10 billion and $12 billion to settle more than 2,000 lawsuits from US states and cities.

The company, owned by the billionaire Sackler family, has been blamed for fuelling the US’ opioids crisis by aggressively and deceptively marketing its painkillers to doctors and downplaying the risks of addiction.

April 11, 2019

Sodexo acquires The Good Care Group; Cho Yang-ho, Korean Air chairman, dies age 70; and family businesses rank on Global RepTrak 100.

Sodexo acquires The Good Care Group

Sodexo, the French food services and facilities management conglomerate controlled by the Bellon family, has expanded its UK home care business by buying The Good Care Group (GCG)—a leading player in the UK live-in care market.

The GCG, founded in 2009, provides tailored live-in care services to customers who need physical help to live independently or have complex care needs.

April 4, 2019

Lego heir steps down to make way for the next generation, Ferrero to buy Kellogg’s brands in $1.3 billion deal, and JD Sports to acquire Footasylum in £90 million deal.

Lego heir steps down for fourth-gen son to step up

Kjeld Kirk Kristiansen, former chief executive of Danish toymaker Lego Group and grandson of founder Ole Kirk Kristiansen, is stepping down from the board to make way for the next generation.

Kristiansen (pictured), 71, announced he would quit Lego’s board next month in line with the company’s succession plan, leaving his son, Thomas, as deputy chairman. Thomas is the fourth generation to lead the company.

March 1, 2019

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

March 6, 2018

Flat global sales and corporate streamlining are behind an 8% drop in revenue for 2017, the Danish family owned Lego Group announced today.

Flat global sales and corporate streamlining are behind an 8% drop in revenue for 2017, the Danish family owned Lego Group announced today.

Revenue for the full year fell after more than a decade of strong growth to DKK 35 billion ($5.8 billion) from DKK 37.9 billion ($6.3 billion) in 2016. The decline came despite a Lego movie and Star Wars merchandise tie-ins and the royal opening of the Lego House family attraction last year.

December 6, 2016

The Danish family owners of the $5 billion Lego Group have appointed the non-family executive who quadrupled revenue in less than 10 years to a new effort to develop the long-term potential of the brand.

The Danish family owners of the $5 billion Lego Group have appointed the non-family executive who quadrupled revenue in less than 10 years to a new effort to develop the long-term potential of the brand.

The Kirk Kristiansen family, owners of arguably the biggest toymaker in the world, announced today they have decided to establish the Lego Brand Group.

October 15, 2013

A 130-year-old US chemicals and industries company has taken the top honour at an international awards ceremony held in Rio de Janeiro, Brazil.

A 130-year-old US chemicals and industries company has taken the top honour at an international awards ceremony held in Rio de Janeiro, Brazil.

J M Huber Corporation (Huber) was presented with the IMD-Lombard Odier Global Family Business Award, at the culmination of the FBN-I annual summit, held this week.

According to the award judges, the firm was recognised for family inclusiveness, business governance, communications excellence, and successful management of the transition from family to non-family leadership.

June 10, 2013

The winners of the Families in Business Awards, in association with Societe GenPrivateBanking, are soon to be announced, so take a look at the achievements of CampdenFB's shortlisted candidates. 

The award ceremony will take place on 11 June, at the Cercle National des Armées, in Paris.
 

The winners of the Families in Business Awards, in association with Societe Generale Private Banking, are soon to be announced, so take a look at the achievements of CampdenFB's shortlisted candidates.

The award ceremony will take place tomorrow, 11 June, at the Cercle National des Armées, in Paris.

 

 

July 5, 2012

With just days to go until the winners of the Families in Business Awards, in association with Societe Generale Private Banking, are announced, CampdenFB takes a look at the shortlisted candidates and businesses – and their achievements. 

With just days to go until the winners of the Families in Business Awards, in association with Societe Generale Private Banking, are announced, CampdenFB takes a look at the shortlisted candidates and businesses – and their achievements.

The winners will be announced on 9 July at an awards ceremony in Amsterdam, which will be held at the Heineken Brewery, one of the Netherlands’ most iconic family businesses

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