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.
quijanoJosé María Quijano Fernández-Hontoria (1843-1911), was the founder of Forjas de Buelna. Quijano, a lawyer and businessman, decided to study Civil and Canon Law at the University of Valladolid and graduated in 1866. After his transfer to Santander he began to practice as a lawyer and secretary of the Provincial Council. The sudden death of his uncle Víctor Gómez de los Ríos gives him the opportunity to take charge of his law firm. His contact with another of his uncles (Benigno Arce, mining engineer) makes him attend the Universal Exhibition in Paris (1873). Quijano notices a nail-making machine and upon his return to Spain, he begins to devise the manufacture of the model seen in Paris, taking advantage of the facilities of a family mill. These are the beginnings of Forjas de Buelna.?Despite the fact that the beginnings were quite complicated, having the support of Benigno Arce and many other business professionals enabled the company to meet its needs and acquire the necessary raw materials to move forward. The company began operating in 1874, initially dedicated to supplying hardware stores in Santander. As relevant data in the evolution of Forjas de Buelna, we have: Until 1877, Quijano traveled daily from Torrelavega to Los Corrales de Buelna, in a car pulled by 2 bull ponies, one of them called Espartero, would remain as the emblem of the new New Mountain Quijano society. In 1880 he installed public lighting in the workshops and in 1881 he introduced the telephone in his industries. In 1883 Quijano bought a flour factory and set up a wire-rolling train and a wire-drawing mill in its building. He thus avoiding imports of raw materials to manufacture tips from France and England. In 1892 he manages to obtain more hydraulic energy from artificial waterfalls. He creates a worker cooperative, endowed with a fund for retirement and accidents (8 years before the Labor Accident Law). He also promotes the construction of cheap houses for all his workers. In 1899 he founded the company Altos Hornos de Nueva Montaña in Santander, being its first president. In addition to being a director and founder of the Santander-Bilbao railway and the Cantabrian railway. Quijano was a provincial deputy at the age of 25 and represented Cantabria on several occasions as a Senator. In 1906 the company had more than 600 workers from the towns surrounding the Buelna valley. José María Quijano completed the Forjas de Buelna with warehouses, buildings and came to join the waterfalls by means of a railway of more than 3 kilometers. Currently, there are seven family branches descending from José María Quijano Fernández-Hontoria: Quijano Otero, Díaz de Bustamante Quijano, Quijano González-Camino, Mazarrasa Quijano, Quijano Secades, Quintana Quijano and Quijano Agüero. View source Date: 09-12-2021 Tags: Common metals. |
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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 |
Author Jesus Barrena | Articles - LinkedIn de Jesus Barrena - Twitter | |
Personal and family finance advisor. Investment advisor. Degree in law. Specialist in real estate investment. https://jesusbarrena.com/ |
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.