Our thirty-fifth update email tracks recent actions and news concerning European Family Investment Companies (FICs). This Edition features 20 FICs from the Netherlands, Denmark, Finland, Norway, Germany, Bermuda, UK, Belgium, Switzerland, France, Hong Kong, Portugal, Poland, Sweden and Italy.

In the final month of 2022, we see more quarterly and half-year results, some more positive than others.

Despite the continuing economic and political challenges, FICs keep on transacting. There are investments in e-mobility (two this month with one of them in India), Sustainable, healthtech, tech and a ‘new protein’ venture fund. Portfolio companies are again supported with acquisitions and additional capital. Money is raised in the bond markets. Balancing this, stakes are sold in two portfolio companies and the planned merger for another is abandoned following an unfavourable legal ruling.

The flexibility of the FIC Model is demonstrated by a family merging its two FICs to strengthen the family enterprise into the future.

This News Briefing concludes with 14 practical Takeaways: our interpretations of what the news means for family investment companies.

NOTE: EFIC News Briefing is sent to our subscribers to The European Family Investment Company Report, members of our Advisory Network and selected others at our discretion. We hope it is of use in these demanding times. We will be happy to answer any questions or discuss anything further. And do send us your comments, ideas and suggestions and any news stories you see.

By joining our community of subscribers you will receive regular, full EFIC News Briefings as well as access to facilitated networking and personal introductions to FIC leaders. You will benefit from our peer-to-peer virtual conferences and our in-depth analyses of the FIC-sector in Europe as revealed in our latest European Family Investment Company Report. Subscribers also receive an hour of an Author’s time to discuss our findings in detail. To become a European Family Investment Company subscriber, please email: info @ deanbridgeinternational.com.