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June 28, 2021

Melia Hotels International announces bullish recovery plan, Lego builds on $400 million sustainability effort with recycled bricks, Christoph Mohn succeeds mother as new ‘speaker of the family’ at Bertelsmann.

Melia Hotels International announces bullish recovery plan

The Escarrer family principal of Melia Hotels International has declared flexible expansion, digitalisation and sustainability as the key drivers behind the Spanish hotel chain’s recovery from 15 months of Covid-19 restrictions.

March 9, 2020

Founder’s great-grandson takes chair as Lego builds in China, billionaire “hotpot queen” chooses Singapore for her new family office and next-gen James Murdoch joins the fight against fake news.

Founder’s great-grandson takes chair as Lego builds in China

Thomas Kirk Kristiansen (pictured), a fourth generation member of Lego’s founding family, has taken over the role of chairman as the Danish toy giant announces record sales.

November 27, 2019

The Lego Group is building its connections with adult consumers by buying an online fan platform from the family office of a South Korean tech entrepreneur.

The Lego Group is building its connections with adult consumers by buying an online fan platform from the family office of a South Korean tech entrepreneur.

September 5, 2019

Tetra Pak billionaire Hans Rausing dies age 93, Billionaire Uniqlo founder wants to be succeeded by a woman and Marvel superheroes rescue Lego sales.

Tetra Pak billionaire Hans Rausing dies age 93

Hans Rausing, the billionaire Swedish industrialist who helped turn his family’s food packaging company Tetra Pak into a global giant, has died aged 93.

In a statement, his family said Rausing (pictured) died peacefully in his sleep at Wadhurst Park, his estate in East Sussex, with his wife, Marit, at his side.

He is survived by Marit, three children—Lisbet, Sigrid and Hans Kristian—and seven grandchildren.

July 2, 2019

Lego buys back entertainment parks, Dassault Aviation signs French AI manifesto, Genoa bridge demolished.

Lego repurchase of Legoland Parks continues trend of de-listing
Lego’s parent company has bought back the entertainments company it sold to Merlin Entertainment in 2005 for £4.8bn with a consortium of private equity and institutional investors.

Lego’s parent company, Kirkbi, which is controlled by the third-generation of the Kirk Kristiansen family, already owned a 30% stake in Legoland Parks after selling 70% of the business for about £250 million in July 2005 to repay mounting debts.

March 1, 2019

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

The Danish family-owned toy giant Lego Group will build on its return to growth after a two-year slump by accelerating expansion in China, India and the Middle East.

December 19, 2018

Indian authorities reject Ambani sibling spectrum deal, Lego launches new sets for stressed adults, FRC launches corporate governance code for private companies.

Indian authorities reject Ambani sibling spectrum deal

The future of telecommunications operator Reliance Communications (RCom), owned by billionaire tycoon Anil Ambani (pictured), has been thrown into confusion after Indian authorities refused to approve a spectrum sale deal to Reliance Jio (Jio), the company owned by Anil’s brother Mukesh Ambani.

India’s Department of Telecommunications (DoT) told RCom it could not sell its spectrum to rival Jio as the proposed deal did not conform to its guidelines.

September 21, 2018

LVMH next gen Frederic Arnault promoted, European anti-trust regulator probes family carmakers in ‘circle of five’, Family-owned Lego’s consumer reputation beats Google and Amazon.

LVMH next gen Frederic Arnault promoted

Frederic Arnault, the next gen of the world’s leading family-owned luxury products group, has been promoted as part of a restructure of leadership of the group’s wristwatch brands.

August 2, 2018

Bacardi to eliminate one billion straws, Aldi banishes Australian icon, and South East Asian impact market picks up

Bacardi to eliminate one billion straws

Bacardi, the world’s largest privately held spirits group, is aiming to eliminate one billion plastic straws by 2020.

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