From Investing.com: 2024-11-20 07:55:45

Japan’s Seven & i Holdings received a $58 billion buyout proposal, potentially going private under founding Ito family. EY and University of St. Gallen ranked top 500 family businesses globally. Walmart, Schwarz Group, LVMH, Nike, Loblaw Companies, L’Oréal, and HEB Grocery among top 20 family-owned retailers.

Walmart, founded in 1962, has 45.5% shares held by Walton family. Schwarz Group, parent of Lidl and Kaufland, founded in 1930. LVMH, luxury goods group, founded in 1987, with Arnault family holding 48.8% shares. Nike, co-founded in 1964, with Knight family owning over 97% shares. Loblaw Companies, Canadian retailer, majority owned by Weston family.

L’Oréal, founded in 1909, with Bettencourt-Meyers family holding 34.8% shares. Elo, owner of Auchan, founded in 1961, with Mulliez family having 98% stake. HEB Grocery, founded in 1905, fully owned by Butt family. Rajesh Exports, founded in 1989, controlled by Mehta family. Inditex, founded in 1985, with Ortega family owning 59% shares. Aldi Group, founded in 1913, divided into ALDI Nord and ALDI Sued.

Mercadona, founded in 1977, wholly owned by Roig family. C&S Wholesale Grocers, founded in 1918, led by Cohen family. Jeronimo Martins, founded in the late 18th century, family owns over 56% shares. Empire Company, founded in 1907, family members still involved in management. H&M, founded in 1947, Persson family owns 61% shares. Richemont, formed in 1988, Rupert family controls 51% voting rights. Kering, family owns 42% shares and nearly 60% voting rights.

Loves Travel Stops, founded in 1964, owned by Love family. Fast Retailing, founded in 1949, controlled by Yanai family with 17.19% stake. Yanai aims to make Fast Retailing the world’s biggest fashion retailer.



Read more at Investing.com: Factbox-Top 20 global family-owned retail businesses By Reuters