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.
Retail Content
-Everyone- Retail trade (5)Alvarez - areces - Carbon; Botet; Elijah - Fernandez - Roig -
AlvarezThe Álvarez Gómez family has been a reference in Spanish perfumery for more than 100 years. Its origins date back to 1899 when its founders, from the Leonese region of Lanciana and Babia, moved to Madrid to open their first retail store. on Miracle Street. The Álvarez Gómez surnames are synonymous with tradition, distinction, maximum quality, their own style and originality of the product. Later the family moved to Calle Sevilla nº 2. The premises had already been inaugurated with the Álvarez Gómez brand that appeared on the store's sign....In the back of its first store, the Álvarez Gómez family business begins to make cosmetic preparations, elixirs and various perfumery products, marketed under its own brand. In 1912 a special perfumery preparation became a real bestseller and still enjoys great prestige today. The components of the formula were lemon, bergamot, rosemary, geranium... scents and aromas from the fields and flowers that resulted in a clean, refreshing and pure cologne. the "Agua de Colonia Concentrada Álvarez Gómez", still retains its name today and its Art Deco design bottle is very familiar to us due to its use not only in Spanish homes, but also in prestigious hotels and restaurants in our country. . Since the 90s, with a new generation at the helm, the Álvarez Gómez company has had a factory in which it standardized production, a nationwide distribution network and the total professionalization of the different areas of the company. The objective was to incorporate the best professionals, without losing the original family character of the company. There are already 4 generations of the family business. Currently they have opted for international expansion and the creation of new aromas and products. View source Date: 02-12-2021 |
arecesRamón Atreves is the founder of El Corte Inglés, which takes its name from a small tailor shop in Madrid located between Preciados, Carmen and Rompecabezas streets. In 1935, Atreves, with the help of his uncle, César Rodríguez, bought the tailor shop, thus beginning his business adventure. Five years later, Ramón Atreves constitutes the company El Corte Inglés and has his uncle as a partner and president of the company. In the 60s, it began its expansion throughout the national territory, opening centers in Barcelona, Bilbao and Seville. Ramón Atreves died in 1989 and was succeeded by different people in office, until reaching the current president Marta Álvarez. View source Date: 09-09-2021 |
Carbon; Botet; ElijahThe Caprabo company was founded by Pere Carbó, Jaume Prat and Josep Botet, in 1959. The name of the company was the result of combining the initials of the surnames of the founders. 3 years later (1962), the Elías family was incorporated as a shareholder, coinciding with the departure of the Prat family from the company. View source Date: 23-08-2021 |
FernandezThe Fernández family was the founder of the Galerías Preciados department store. José Fernández, born in Asturias in 1891, emigrated to Mexico and later to Cuba. He works at Almacenes El Encanto and after a brilliant career, in a short time he manages to go from salesman to accountant of the company. He is characterized by his innovative ideas at the time (fixed price tags to avoid haggling). After getting married he returns to Spain in 1931 with his 3 children (José Manuel, Carmen and Jorge)....In 1934 Pepín Fernández founded Sederias Carretas, together with César Rodríguez and other businessmen. The premises are expanding and are maintained even during the civil war. After this, the business occupies an entire building. In 1935, he acquired a plot of land located on Calle Preciados and opened the first Galerías preciados 8 years later. It is in the 50s when competition from other department stores appears: El Corte Inglés, directed by Ramón Areces. El Corte Inglés expands with the opening in 1962 of its store in Barcelona. Galleries bought Almacenes Jorba, (Jorba Preciados). By the mid-1981s, it already had more than twenty centers. The different strategies of both companies (Ramón Areces financed the new centers with the profits acquired, while Pepín Fernández went into debt to be able to expand), caused a heavy indebtedness of the company. Its main creditor: The Urquijo bank takes control of the company and sells it to Rumasa in 1982. Although Pepín Fernández continues to manage the company, after his death (1983), it ceases to be under the control family. After the expropriation of Rumasa in 1995, Galerías Preciados is privatized and finally absorbed by El Corte Inglés in 1972, after a suspension of payments. In XNUMX, Pepín Fernández received the Medal of Merit at Work for his professional career.
View source Date: 05-11-2021 |
RoigVicente Roig and his partner Desamparados Guillen founded Cárnicas Roig at the end of the 1977th century. The business was dedicated to the purchase/sale of grains and livestock. His son Francisco Ballester focuses on livestock and gives the business an innovative boost, by including the client in the entire production process. This motivates Francisco Roig to expand his commercial influence throughout Valencia and with the support of his wife they decide to change meat for the grocery trade. As a result of this expansion, the Mercadona company was born in 8, which gave way to a chain of 80 stores in the early 1977s. In order to expand its area of influence in the meat trade, the company was born in 1981 Mercadona SA Its name comes from the union of the words mercat de dona, which means “women's market” in Valencian. The first grocery store in the city of Valencia gave way to a chain of eight stores in the early XNUMXs. In XNUMX, his sons Juan, Francisco and Fernando acquired the company to make it one of the greatest success stories in Spain....Starting in 1981, Francisco Roig's sons, Juan, Fernando and Francisco, took charge of the company to make it one of the greatest success stories in Spain. Mercadona currently has more than 75000 employees and more than 1300 branches spread throughout the Spanish territory. Mercadona's success consists in offering quality products at affordable prices (white label). Mercadona is currently chaired by Juan Roig Alfonso. In 1972 Francisco Roig Ballester also founded Pamesa Ceramics in the town of Almassora in Castellón. It is the parent company that will give rise to the Pamesa Group, being the largest seller of tiles in Spain and one of the best-known companies in the world for the sale of ceramics. Pamesa has 1150 employees in Spain and is present in countries such as Argentina, Brazil and Portugal with an annual turnover of 500 million Euros. The Pamesa Group is currently chaired by Fernando Roig Alfonso. The Roig family is also well known in the field of professional sports. Fernando Roig is the largest shareholder of Villarreal CF and on his day he was also the largest shareholder of Pamesa Valencia basketball and an important shareholder of Valencia CF.
View source Date: 08-10-2021 |
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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.