La family business it is one of the most important foundations of a prosperous society. Relationship of the Family businesses most important in Spain and a brief review of them.
Upon the death of their father Ildefonso González-Fierro in 1961 (founder of Banco Ibérico), the brothers Arturo, Alfonso and Ignacio Fierro-Vña, were in charge of directing Grupo Fierro's business in Spain and Portugal. The Fierro-Viña, have been one of the most important financial sagas during the Franco regime, at the same level as the March, the Botín or the Urquijo. Alfonso Fierro-Viña, the eldest son of the brothers, was the owner of various banks and tobacco and match industries in America. He held high positions in banking and industry and became president of Banco Ibérico, Banco de Finanzas, Fosforera Española, Constructora Internacional, Cementos Triefierro, Compañía Auxiliar de Fósforos; Vice President of Ibérica de Electrodomesticos, of Unión Comercial del Atlántico, of Goyasa; President of Sindibank, Petrolíber and Hispanoil (owned by the State) and member of Campsa. He has been present in 36 boards of directors with different managerial positions of companies linked to the family holding company. From 1977 Alfonso Fierro-Viña was vice-president of the Central Bank, after Banco Ibérico was absorbed by that entity, until his resignation, as well as that of his brother Arturo, in 1985 due to financial problems.
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Summarized alphabetical list of the main surnames in Spain related to the family business, the sector and the province of origin or implantation. Some companies that these families founded are no longer active or have been sold to multinationals.
| Family | Sector | Province |
| Aguirre, Ear | Civil Engineering | MADRID |
| Alvarez | retail trade | MADRID |
| Antolin | vehicle manufacturing | BURGOS |
| Antonio Asensio Pizarro | Publishing | BARCELONA |
| areces | retail trade | MADRID |
| Aresti Ortiz | Paper | BISCAY |
| Aresti, Churruca, Marquina | Trash | BISCAY |
| Aznar | common metals | BISCAY |
| ballve | Food | MADRID |
| Barceló | Accommodation | BALEARICS |
| benzoin; aza; abaurre | Construction, Mineral Extraction | SEVILLE, MADRID |
| Bank | Logistics | BISCAY |
| Bertran | Civil Engineering | BARCELONA |
| Bosch | Clothing and Knitwear | BARCELONA |
| Booty-Sanz | Financial Services | CANTABRIA |
| Booty, Munoz | common metals | CANTABRIA |
| carasso | Food | BARCELONA |
| Carbon; Botet; Elijah | retail trade | BARCELONA |
| carula | Food | BARCELONA |
| Doe, Goizueta | common metals | MADRID |
| Coca | Financial Services | SALAMANCA |
| Comas | Beverages | MADRID |
| Commas and White | Food | MADRID |
| Cordoba, Gomendio | Civil Engineering | MADRID |
| Costafreda; Rivera | Food | BARCELONA |
| Cros | Chemical products | BARCELONA |
| Dam | Food, Drinks | BARCELONA |
| Daurella | Food, Drinks | BARCELONA, MADRID |
| Dexeus | Medical services | BARCELONA |
| Delso; gummies | special construction | MADRID |
| Echevarria | common metals | BISCAY |
| Entrecanales ; Tavora | Civil Engineering | MADRID |
| run away | Accommodation | BALEARICS |
| Wake | retail trade | BARCELONA |
| fabrics | Textile | BARCELONA |
| Fernandez | retail trade | MADRID |
| Fernandez Lopez | Food, Land transport | PONTEVEDRA, MADRID |
| Ferrer; Living room | Beverages | BARCELONA |
| Ferro; Fortune | Food | BARCELONA |
| Iron-Vine | Financial Services | MADRID |
| Figaredo, Garcia, Tartiere | common metals | ASTURIAS |
| fluxá | Accommodation | BALEARICS |
| franc | Games | MADRID |
| Gandarias | common metals | BISCAY |
| Gonzalez Byass | Beverages | CADIZ |
| good | Security | MADRID |
| Heredia, Pidal | Coal | ASTURIAS |
| Hernandez Callejas | Food | MADRID |
| Hidalgo | logistics and travel | BALEARICS |
| lao | Recreational activities | BARCELONA |
| Lara | Publishing | BARCELONA |
| The worst | rubber and plastic | MADRID |
| called | Civil Engineering | MADRID |
| Llucia | retail trade | Teruel |
| Lush | Food | MADRID |
| Mahou | Beverages | MADRID |
| March | Financial services and others | MADRID, BALEARIC ISLANDS |
| March | Minerals | MADRID |
| March (and others) | Water transportation, Financial services | MADRID |
| Matute Benito del Valle | Wood | BISCAY |
| Noguer-Sunol | Chemical products | BARCELONA |
| Ortega | Textile and clothing | CORUNA |
| Osborne | Food, Drinks | SEVILLE, CADIZ |
| Paschal | Food | BURGOS |
| Pidal, Riviere | common metals | ASTURIAS |
| Polanco | Information and communication | MADRID |
| Prieto | energy, gas | BISCAY |
| Puig | Chemical products | BARCELONA |
| quijano | common metals | CANTABRIA |
| Rey | Construction | PONTEVEDRA |
| Banks | Metals, Machinery and Vehicle Manufacturing | BISCAY |
| riboud | Food | BARCELONA |
| Rodrigo | Publishing | BARCELONA |
| Rodríguez | Civil Engineering | MADRID |
| Roig | retail trade | VALENCIA |
| Reeds | Machinery | VALENCIA |
| Rubiralta | rubber and plastic | BARCELONA |
| Ruiz-Mateos | various sectors | MADRID |
| Sanchez; Climbing | retail trade | MADRID |
| Sarrio | Paper, Chemicals | NAVARRE |
| Satrustegui | Coal | BARCELONA |
| Mow | Leather | CASTELLON |
| Sela Figaredo | Chemical products | ASTURIAS |
| shekels | Chemical products | BARCELONA |
| Soriano | Beverages | LLEIDA |
| Torras Hostench | Chemical products | BARCELONA |
| urquijo | Coal, Metals, Financial Services | BISCAY, MADRID |
| Urquijo, Landecho | Aquatic transport | MADRID |
| Urquijo; Figaredo; felgueros | Chemical products | MADRID |
| Valls Taberner | Financial Services | MADRID |
| Velasco | Metal | BISCAY |
| Villar | Pharmaceuticals, Civil Engineering | MADRID |
| ybarra | Financial Services | BISCAY |
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Inheritance planning in the family business
To plan the inheritance of the family business, it is best to consult a trusted lawyer who is a specialist in inheritance and who also has experience in commercial law.
We have asked the Barcelona law firm, Oscáriz Abogados, what factors are the most relevant in this process and they have explained to us that there are three essential points to take into account in the inheritance planning in the family business:
- Define the family roles of all the people involved.
- Define what the business roles of family members are.
- Establish what is the desired succession planning.
Carrying out the generational transfer in a company is something inevitable but it must be approached as a strategic decision of the utmost importance. It must be designed with the necessary anticipation to avoid precipitation.
Monica Oscar It also reminds us that in a succession process it is important to clearly transmit business values, be sure that the heirs have an entrepreneurial spirit and set the company's goals so that there is a commitment to them.
Eleven Spanish family businesses among the 500 largest in the world.
According to the Family Business Index 2023, prepared by the consulting firm Ernst & Young and the University of St. Gallen, there are eleven Spanish family businesses among the 500 largest in the world, among them El Corte Inglés, Mercadona and Inditex are among the 120 best.
According to the report, large family businesses resist crisis situations better and even offer growth rates that double the average for all companies.
It seems that the "effect family business» It has an impact on the stability necessary to achieve a climate of innovation and adaptation to new environmental and cultural realities that allows them to obtain better results and growth than other types of companies.
The continuity in the management and transmission of property between generations of the same family also finds tax advantages in inheritance tax and wealth tax.