Our forty-third, extended, post-summer update email tracks recent actions and news concerning European FICs, featuring 31 FICs from Norway, Switzerland, Denmark, Belgium, Germany, Sweden, France, Italy, Finland, UK, The Netherlands, Luxembourg, Poland and Bermuda.
For this edition we have added a new tranche of FICs to our news coverage. Many of these new names will appear in the forthcoming Second Edition of The European Family Investment Company Report. This increased scope will be a further benefit to you, our much-valued readers and subscribers.
No let up in FIC activity over the summer. This ‘back to school’ double issue records investments in new food, solar, agtech, climatetech and drones, as well as acquisitions in industrial and manufacturing, real estate, insurance, consulting, F&B, renewables, edutech and fashion. FICs have also been selling assets, in retail, financial services, commodities and packaging. One FIC tees-up a possible green bond issue.
In business news, two FICs enter into JVs, in renewables and new fuel, while another makes a significant investment to open a new plant in the US.
Eight FICs report, generally positive, H1 and 2022 results.
Several FICs make senior appointments, three bringing in outside talent from business and industry, another promoting a long-standing employee. One FIC changes its governance.
Meanwhile, celebrating the past, two FICs celebrate anniversaries: the half century of an iconic ‘home’ office building and 85 years of an equally iconic media asset.
With our new template, we close with a summary of the month’s news coverage.
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