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Published by: INSEAD
Originally published in: 1999
Version: 09.1999
Length: 22 pages
Data source: Field research
Notes: To maximise their effectiveness, colour items should be printed in colour.

Abstract

This is the second of a two-case series (399-149-1 and 399-150-1). The Wendel and CGIP cases tell the story of a business family, the Wendel, over a period of nearly three centuries. The CGIP case (B) shows how Ernst-Antoine Seilliere, succeeded in building a strong holding company out of the family''s non-core businesses, left after the steel nationalisation. The case describes several key business decisions and deals, including with other family firms. It illustrates the governance structure and processes with the decision to sell a stake in packaging to purchase a stake in an automobile contractor, Valeo. The case is written for use in classes on family firms with MBA students. Its main objective is to illustrate the role of a family in the development and perpetuation of a business and to identify the differences between a family business and a publicly-owned business. The case illustrates how a family can decide to stay in business together without staying in the same business; how the family can support the manager''s decisions; governance structures and processes; how a family can have a privileged access to deals with other family firms. This case contains colour exhibits.
Location:
Industry:
Other setting(s):
1996

About

Abstract

This is the second of a two-case series (399-149-1 and 399-150-1). The Wendel and CGIP cases tell the story of a business family, the Wendel, over a period of nearly three centuries. The CGIP case (B) shows how Ernst-Antoine Seilliere, succeeded in building a strong holding company out of the family''s non-core businesses, left after the steel nationalisation. The case describes several key business decisions and deals, including with other family firms. It illustrates the governance structure and processes with the decision to sell a stake in packaging to purchase a stake in an automobile contractor, Valeo. The case is written for use in classes on family firms with MBA students. Its main objective is to illustrate the role of a family in the development and perpetuation of a business and to identify the differences between a family business and a publicly-owned business. The case illustrates how a family can decide to stay in business together without staying in the same business; how the family can support the manager''s decisions; governance structures and processes; how a family can have a privileged access to deals with other family firms. This case contains colour exhibits.

Settings

Location:
Industry:
Other setting(s):
1996

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