Campden Wealth, in association with Societe Generale Private Banking, announced the shortlist for the fifth annual European Families in Business Awards on 27 May 2016.
The winners will be announced during a gala dinner on Tuesday 21 June 2016 at Hotel de Rome, Berlin.
For this year's iteration, a jury composed of family business leaders, business school experts and the Campden Wealth editorial team drew up a shortlist from more than 250 businesses and entrepreneurs nominated by their peers on the CampdenFB magazine website, as well as by readers of the magazine.
TOP FAMILY BUSINESS
Europa-Park Freizeit-und Familienpark Mack
Seventh-generation German entrepreneur Roland Mack, his brother Jürgen and his two sons, Michael and Thomas, operating their 236-year-old Waldkirch-based family business Mack Rides, had several reasons to celebrate in 2015.
Their theme park and four-star 5,000-bed resort Europa-Park, in south-west Germany, marked its 40th anniversary and attracted an all-time record of 5.5 million visitors during the year. Germany’s largest theme park has enjoyed year-on-year growth in attendance since 2010, when 4.25 million visited.
Europa-Park was also voted the world’s best amusement park by trade magazine Amusement Today last year.
Royal de Heus
FAMILY: DE HEUS
SECTOR: ANIMAL FEED
Led by brothers Koen and Co, Royal de Heus has been a partner in animal nutrition to the agricultural sector for four generations since 1911. The joint chief executives and art collectors, with father Henk as board chairman, have overseen rapid international expansion since 1998, when the company had no sales clients outside of the Netherlands. Royal de Heus now operates on four continents and installed its seventh animal feed plant in Vietnam in April this year. The royal status global top-15 feed supplier has revenues of more than €2 billion ($2.2 billion).
Founded by Ferruccio Fabri in 1980, Starhotels is one of the few Italian hotel groups to remain in full family ownership and management.
Since 2000, second generation daughter and arts patron Elisabetta Fabri (pictured below) has acquired and consolidated the Florence-headquartered company’s portfolio of 3,802 rooms and 148 meeting rooms in 24 four-star and five-star properties in Italy, London, Paris, and New York.
Latest available revenue, for 2014, was €158 million ($177 million), an increase of 7% on the year before and a record for Starhotels.
SECTOR: JEWELLERY AND ACCESSORIES
This Catalan family wants to turn Tous into the most successful and desired jewellery and accessory brand in the world. Second generation Salvador Tous married Rosa Oriol in 1965 and developed the firm from one shop. He heads the board while daughters Rosa, Alba, Laura, and Marta took executive roles from 1985, coinciding with the launch of Rosa’s teddy bear emblem and international expansion. Revenues in 2015 increased by 18%, to €368 million ($412 million), after a 10% rise the year before. Spanish revenues account for about half of sales and rose by 13% last year.
Family is the major ingredient that has helped make Warburtons the biggest baker and the most popular bakery brand in the UK. The 140-year-old, private family-owned business is managed by the fifth generation of Warburtons, Jonathan, Ross, and Brett, who took over in 1991. The Bolton company has invested more than £400 million ($581 million) in bakeries and upgrading distribution. By May 2015, Warburtons made an operating profit of £35 million before exceptional items. Revenues rose 7% year on year to £562 million.
TOP FAMILY BUSINESS LEADER
ROLE: CHAIRMAN-CHIEF EXECUTIVE
Said Darwazah learned the ropes at his family business by working in several executive roles for more than 30 years. He took control of Hikma, the FTSE 100 company and one of the largest pharmaceuticals groups in Europe, in 2007 before his father and founder Samih Darwazah retired in 2014 and died last year. Said acquired West-Ward Pharmaceuticals in the US and developed the injectables business in Europe and the Middle East/North Africa. Hikma revenue in 2015 was $1.44 billion, down 3% after a strong 2014.
Fifth-generation leader Jonathan Warburton values honesty and hard work as may be expected in a 140-year-old family bakery business, still headquartered in Bolton, Lancashire.
But the chairman since 2001 has embraced innovation into cakes, biscuits, and sweet goods while reducing salt use. Together with his cousins, he has overseen Britain’s biggest bakery brand double in size over the last decade with revenues of $815 million in 2015. Jonathan joined the firm aged 23 and now doubles as the public face of Warburtons after starring in television advertising campaigns opposite Sylvester Stallone and The Muppets.
Vice-chairwoman, eldest child, and equestrian Nayla Hayek took the reins of her father Nicolas Hayek’s $8 billion Swatch Group as chairwoman in 2010. It was the same day her father – the 82-year-old Beirut-born entrepreneur – died of a heart attack. While the man who launched the affordable Swiss watch in 1983 remains her guiding light, Hayek led Swatch’s entry into high-end jewellery through the purchase and revitalisation of Harry Winston, which she now heads. Nayla’s son, Marc Hayek, is responsible for fine watch brands Blancpain, Breguet and Jaquet Droz. Swatch revenue in 2015 was CHF8.45 billion ($8.5 billion).
ROLE: EXECUTIVE DIRECTOR
Nadja Swarovski has turned her passion for contemporary fashion, art, and design into a $2.9 billion component of the $3.7 billion annual turnover of Swarovski. The fifth generation descendant of Daniel Swarovski, who launched the crystal brand 121 years ago, has brought to bear her education in art history, fine, and deconstructive arts since she became the first female executive board member in 2011. The face of the brand for 25 years supports cutting-edge new talent with the Swarovski Designers of the Future Award and the Swarovski Collective.
ROLE: CHIEF FINANCIAL OFFICER
As the next-generation leader of the world’s largest steel company, Aditya Mittal is as committed to people, as the planet. The likely successor of his father, Lakshmi Mittal, the 40-year-old worldwide chief financial officer and European chief executive ensures ArcelorMittal produces “safe, sustainable steel” for all major markets in 60 countries. The company expects 2016 revenue to be more than $4.5 billion. Mittal also set up a non-profit organisation to help communities around operations. He donated £15 million ($21.9 million) to Great Ormond Street Hospital, a children’s hospital in London, in 2008.
TOP NEXT-GENERATION EXECUTIVE
Alexander Alfred Charles de Carvalho
ROLE: NON-EXECUTIVE DIRECTOR
COMPANY: HEINEKEN HOLDING
Alexander Alfred Charles de Carvalho is the first child of Michel de Carvalho and Charlene Heineken, great-granddaughter of Gerard Adriaan Heineken, who bought a small brewery, De Hooiberg, in Amsterdam in 1864 and added a special yeast to the brewing. The Dutch-English nationality Harvard graduate worked in the Alternative Investments Group of Bank Gutmann before he became a board member of Heineken Holding in 2013 aged 29.
Still based in Amsterdam, the third-largest brewer in the world reported revenues of $21.5 billion a year.
ROLE: CHIEF EXECUTIVE
COMPANY: ZODIAK ACTIVE
Nicola Drago has positioned Zodiak Active at the forefront of video demand since he joined the digital and branded content division of production giant Zodiak Media as senior vice-president of strategy and new business in 2008. Zodiak is part of Italy’s De Agostini Group, controlled by the Drago and Boroli families. As chief executive since 2013, the former investment banker oversees Zodiak Active’s growing network of more than 100 multi-lingual YouTube channels, featuring content made in-house, by third parties, and upcoming YouTube stars. Zodiak Active produces content for clients including the BBC, Sony, Ferrari, and Toyota and has annual revenues of $47 million.
ROLE: BOARD MEMBER
COMPANY: FIEGE GROUP
Felix Fiege embodies the declaration on the Fiege Group website: “Continuity is the best strategy.” The fifth-generation member of the 143-year-old family business is the son of Dr Hugo Fiege and came on board as the managing director of Fiege Engineering in 2008. He became an executive board member of Fiege Logistik Holding Stiftung & Co KG in 2012.
Fiege is one of two cousins who are working under their fathers to operate the company, which employs 9,000 staff at 160 branches in 15 countries, generating revenues of $1.5 billion a year.
ROLE: COMMUNICATIONS AND MARKETING HEAD
Giulia Molteni worked for the Italian fashion brand Loro Piana in New York for four years before returning to Milan to join her father, chief executive Carlo Molteni, in managing the family’s designer furniture brand in 2007.
Despite being the granddaughter of founder Angelo Molteni, Carlo insisted Giulia work her way into the industry. She began as a retail manager and opened stores in London, New York, and Paris by the end of 2008.
Molteni has served the 82-year-old business in her latest role for two years and she joins her aunt Mariangela in being one of only two female board members at the $300 million company.
ROLE: CHIEF EXECUTIVE
COMPANY: YVES ROCHER
Bris Rocher has worked hard to bring the botanical beauty care company his grandfather Yves Rocher founded in 1959 back into the family fold.
Thrust into leadership aged 31 after the deaths of Yves in 2009 and his father Didier in 1994, Bris bought back nearly one-fifth of the business from healthcare leader Sanofi in 2012, leaving the family holding 97% of the company.
He now presides over a $2.5 billion a year cosmetics empire involving eight brands, nearly 500 million products and 15,000 employees, still based in Brittany where Yves began.
TOP NEXT-GENERATION ENTREPRENEUR
COMPANY: VR COASTER
Michael Mack learned the theme park business from a young age but the son of Roland Mack, owner of the 41-year-old Europa-Park and the 236-year-old ride manufacturer Mack Rides, is ushering in the next generation of theme park thrills.
The business management graduate has helmed Mack International Group’s animation production wing MackMedia since 2002 and served on the Mack Rides board since 2005. He co-founded VR Coaster in 2015 to deliver fully immersive virtual experiences for theme park riders via headsets – a new market expected to be worth $895 million by the end of 2016.
A handbag crocheted by African women from recycled bottle tops then lined with Mulberry leather in Europe was the product that launched the Bottletop Foundation in 2002.
The collaboration between Cameron Saul, who taught young people in Uganda for a gap year, and Roger Saul, his father and founder of the British luxury brand, raised money for African charities. But they did not stop there.
The Bottletop Fashion Company, which funds the foundation, offers training in crafting the merchandise, and raises more funds and awareness for social and education projects. In 2014, the company collaborated with US fashion designer Narciso Rodriguez and a year later it released a collection with DKNY.
Julian Marwitz is leading a one-man revolution in sustainable energy efficiency and the use of environmentally friendly material within the international construction industry.
Marwitz co-founded the Frankfurt-based company in 2010 with the backing of his family office. Arineos has partnered with Schneider Electric, Eco Cladding UK, Ennovatis, and Green Affair in Europe, Asia, and Africa.
The Siemens Future Influencer and Global Shaper of the World Economic Forum is a member of the Advisory Board of Damascus Fortune and is studying for a masters in sustainable urban development at the University of Oxford.
COMPANY: COR JULIETT
With a classic Mini converted into a barbecue or bar, the social impact catering business cor Juliett has charmed up to 1,000 patrons at all manner of functions. Founder and chief executive Patrick Kern also has the good taste to benefit society by employing and rehabilitating prisoners. Kern’s family owns a multigenerational social enterprise in Hamburg and he works as a community project manager focusing on impact topics within family businesses.
Working for the Peter Möhrle Foundation since 2013, Kern is engaged in early childhood, medical, and refugee causes.
COMPANY: ROADS GROUP
Danielle Ryan channelled the entrepreneurial spirit of her grandfather, Ryanair founder Tony Ryan, to launch and lead her lifestyle group Roads in 2013.
The Dublin-based heiress and trained actress built the brand on fragrances, book publishing, and film-making. More than 20,000 bottles of perfume sold in the first year in the likes of Selfridges, generating $2.23 million in revenue.
The publishing division sells high-end limited edition books, some priced at more than $1,000. Film-making projects included an acclaimed 2015 documentary about top jump jockey AP McCoy as he neared the end of his career.
TOP NON-FAMILY DIRECTOR
CEO SINCE: 2013
COMPANY: CIR GROUP
Monica Mondardini has been honoured by Italy, France, and Spain for forging relationships between the countries. But her tenure at the top of the De Benedetti family’s $1 billion holding company CIR Group is just as much an achievement in Italy, where only 7% of listed companies have a female chief executive. The University of Bologna economics and statistics graduate keeps several roles within the media, auto parts, and healthcare group. She also sits on the board of three listed companies, including Credit Agricole, and chairs Aeroporti di Roma.
CEO SINCE: 2001
COMPANY: KÄRCHER GROUP
Hartmut Jenner doubles as chief executive and board chairman of the world’s biggest manufacturer of cleaning equipment and revenues have increased by almost 50% on his watch. He rose through the ranks to power over 10 years with Kärcher. The third-generation family firm posted record revenues of €2.12 billion ($2.37 billion) in 2014 after selling a record-breaking 12.7 million machines in home, industrial, hospitality, and agricultural sectors.
Jenner also finds time to supervise the set-up of the Alfred Kärcher Foundation to fund young scientists researching cleaning technology.
CEO SINCE: 2015
COMPANY: PATRICIA INDUSTRIES
This INSEAD MBA graduate pulls the levers at Patricia Industries, a division within Investor, and is on several boards, including the $2.3 billion technological mapping company Trimble and the KTH Royal Institute of Technology, the Swedish institution where he gained an MSc in electrical engineering. Before Ekholm took over as chief executive of Patricia Industries in 2015, he served for a decade as president and chief executive of parent Investor, the Swedish industrial investment company controlled by the Wallenberg family where he worked for 23 years.
PARTNER SINCE: 2009
Jan Kollros is hailed as the man to call when all other business options have been exhausted. The ETH Zurich graduate in management and production proved his mettle as a consultant over four years with Adbodmer and became a partner in 2009, alongside founder and managing partner Dr Adriana Ospel-Bodmer. Launched in 2002 and based in Horgen, near Zurich, services involve identifying business opportunities, and co-ordinating investments and disinvestments. Kollros also sits on five boards including Adunic, which builds temporary structures, and Aeschbach Chocolatier, a family confectionary business.
Claude Pierre Ehlinger
CFO SINCE: 2012
COMPANY: LOUIS DREYFUS COMMODITIES GROUP
Claude Pierre Ehlinger helped consolidate this family business in global agricultural commodities to the tune of $26.4 billion in the six months to 30 June 2015, despite a drop in market prices. The HEC Paris business school graduate oversaw $135 million worth of investments by the 164-year-old firm in the first half of 2015. Assets included a US glycerin refinery, an Indonesian biodiesel plant, and a new Argentinian store. Ehlinger chaired Biosev, the world’s second largest sugarcane processor and part of the Louis Dreyfus Group, from 2013 until April this year.
TOP SUSTAINABLE FAMILY BUSINESS
SECTOR: Office products
Count Anton Wolfgang von Faber-Castell, eighth-generation chairman of the world’s largest pencil manufacturer, knew sustainability more than most, before his death earlier this year.
Producing 2.3 billion pencils a year, the 255-year-old Stein-headquartered family business identified the need to use wood from sustainable sources while keeping up with demand, increased by the popularity of adult colouring books. Faber-Castell invested in a 10,000ha sustainable pine plantation in Brazil almost 30 years ago. Operations are carbon neutral and 14 production sites in nine countries use more than 25% renewable energy while generating revenue of €577 million ($642.7 million).
SECTOR: INDUSTRIAL GASES
The largest owner-managed industrial gases supplier in the world says its “primary objective is to increase profits in a sustainable way rather than maximising profits in the short term.” Chief executive Stefan Messer, grandson of founder Adolf Messer, made good on this pledge in 2004 when he brought all the company’s shares back into family ownership.
“Energy efficiency in production” and “protection of the environment” are among his dozen mandates for his 5,354 employees. The 118-year-old company posted revenues of €1.17 billion ($1.3 billion) in 2015.
When coffee lovers realised coffee capsules for machines were an environmental menace, Lavazza came up with a biodegradable solution.
The 121-year-old company is working with European authorities to map the impacts of its products while 100% of electricity at its Italian plants is renewable. The brand’s acquisition of Merrild, the biggest coffee brand in Denmark and the Baltics, plus Carte Noire from Jacobs Douwe Egberts last year, is expected to boost 2016 sales by 20% to €1.7 billion ($1.9 billion).
Kone backs up its talk of being “committed to improving the quality of life in cities” with action. The 106-year-old firm reduced its energy use carbon footprint (relative to orders received) by 60% between 2008 and 2014. Its operational carbon footprint relative to net sales in 2014 decreased by 1.8% compared to 2013. Elevator systems feature high-efficiency EcoDisc hoists and regenerative drives which increase sustainability by reducing energy use. But going green is no obstacle to profit – Kone’s revenue for 2015 was €8.65 billion ($9.68 billion).
The Ulsteinvik-based group of maritime companies, specialising in shipbuilding and design, marks its centenary in 2017. Siblings Gunvor Ulstein, chief executive, and Tore Ulstein, chairman, are also looking to the future by reducing fuel consumption and harmful emissions in ship development. This year Ulstein delivered two service vessels for the offshore wind industry featuring innovations in performance in poor weather conditions. In May, the group announced group revenue for 2015 of NOK2.33 billion ($275 million), with an operating loss of $11.4 million.