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.
Construction Contents
-Everyone- Construction (2)benzoin; aza; abaurre - Delso; gummies -
benzoin; aza; abaurreOn January 4, 1941, engineers from the Catholic Institute of Arts and Industries (ICAI), Javier Benjumea Puigcerver and José Manuel Abaurre Fernández-Pasalagua, founded Sociedad Abengoa SL in Seville with 3 other friends and relatives. The initial capital is 180.000 pesetas (€1082). The initial objective of the company is to manufacture a 5-amp single-phase meter, although the Spanish limitations at the time prevented the development of the project. Abengoa was initially dedicated to the preparation of projects and technical studies and also to electrical assemblies....At Abengoa SL we can highlight the following stages: 1941-1950: Development of the first activities and expansion throughout Andalusia. Turnover exceeds 45 million pesetas (€270.456) 1951-1960: Expansion throughout Spain, consolidating the company's activity. Turnover reaches 4.880 million pesetas (€29.329.391) 1961-1970: Activity begins on the international market. The first international projects are in Colombia, Venezuela and Guatemala. The first office abroad is created in Argentina. 1971-1990: Birth of new specialized companies with continuous innovations in the market. The turnover is more than 52 million pesetas (€314.906.303). 1991-2003: The company focuses its activity on the development and innovation of new information technologies, renewable energies, biofuels and respect for the environment. Invoicing exceeds 144 million pesetas. (€865.457.431) 2004-2010: The projects grow and the geographical locations are more and more varied. Abengoa is positioned as a leader in the sector and operates in places such as the USA, India or China. This stage ends with the sale of 40% of Telvent, with the aim of focusing the strategy and all activity on energy and the environment. 2011-up to the present Abengoa seals the incorporation of the former head of the Royal House Alberto Aza to the board of directors as an international advisor due to his extensive career and professional experience. The company focuses on the application of innovative technological solutions for sustainable development in the infrastructure, energy and water sectors. View source Date: 09-12-2021 |
Delso; gummiesThe Isolux Corsán company was directed by Luis Delso and José Gomis. In 1994 Banesto proposed Luis Delso as president of the business group that has come to be present in more than 60 countries and had a turnover of more than 3200 million euros in 2008. It also had a staff close to to 8000 employees. Its T-Solar division managed the construction of energy-related infrastructure and the installation of solar panels. It is currently in payment settlement View source Date: 09-09-2021 |
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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.