01Business family
An orderly succession
- Situation
- A family with industrial businesses in two European countries and three heirs with different roles and expectations. No written agreement on governance or succession.
- Approach
- We listened to each member separately, then to all of them together. The result was a Luxembourg holding company with shared governance rules and an agreement that distinguishes those who manage from those who hold.
- Outcome
- The continuity of the business is protected, family relationships have a clear framework, and the tax treatment of the succession was planned years in advance.