Family business. The most important in Spain

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.


TweetFernandez Lopez

The Fernández López family is the founder of the company Pescanova. José Fernández López, a businessman from the meat and natural sector in Sarria (Lugo) was a visionary entrepreneur. We can say that he was the inventor of frozen fish. In addition to fishing in distant fishing grounds and its immediate processing at sea. José Fernández López began in the business world as a cattle dealer and in the 50s he dedicated himself exclusively to meat production in his slaughterhouses. It was in 1960 when he dedicated himself to the fishing business and founded the company Pescanova.



José Fernández López formed a real team with his brothers Manuel, Antonio and Concepción. They were simple people of humble origin. They had an enormous commitment to their land. In the years that the Civil War lasted, they were the main suppliers of meat to the national zone. Its business perspectives were expanded with the creation of Zeltia (1939), Frigolouro (Porriño) and Frigsa (Lugo). Later, Titania, Transfesa and Cementos del Noroeste. They were even the promoters of the Caja de Ahorros de Lugo founded in 1968. They also had a very active participation in the founding of the Editorial Galaxia and also promoted the Museum of Pontevedra. The idea of ​​founding Pescanova came to José Fernández López after thinking about how little the sea and its resources were being used, due to the lack of suitable boats due to not having the possibility of freezing the catches on board. In this way he went from being a man exclusively dedicated to the meat sector to revolutionizing the world of fishing. Pescanova was founded in June 1960 and a year later it had 2 freezer trawlers (Lemos and Andrade). These 2 vessels were sent to the fishing grounds of Argentina and South Africa. In November 1961 the Lemos returned from South American waters with full holds and 2 months later the Andrade did so with 250 tons of frozen hake from South Africa. The experiment was a resounding success. Pescanova acquired at that time a transatlantic called Habana and converted it into a mother ship that would be called Galicia. As of 1964 she was already operating in South African waters. Its production (including fishmeal and fish oil) is transferred to Vigo in other refrigerated transport vessels. More than 500 people came to work in Pescanova's fishing fleet. The beginnings were not easy but only 10 years later, the company was among the 100 largest in Spain and the first fishing company in Europe. Valentín Paz Andrade is incorporated as a shareholder of the company and is subsequently appointed CEO. Pescanova already offered more than 100 different products at this time and had 55 sales delegations. The staff consisted of 2407 people (from captains to sailors) and 1300 more people worked on land. In addition, the Fernández López are the introducers of the Kiwi cultivation in the south of Galicia. The first plantations were located very close to the town of Porriño. Pescanova is currently directed by Manuel Fernández Sousa, son of José Fernández López.

View source Date: 13-12-2021
Tags: Food, Land transport.

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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.

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