Portugal News - Portuguese group José de Mello won the Global Family Business Award 2024, by Swiss organization IMD.
Swiss watch and jewelry maker Chopard has crafted the award trophy since 1999, in the shape of a tree symbolizing family values – from solid roots to new branches growing from a common trunk, representing successive generations.
The José de Mello group has achieved international recognition for its entrepreneurial values, strong governance, and resilience. The group is one of Portugal’s oldest and most successful family businesses.
Portuguese global family business José de Mello group has activities in a number of sectors, including healthcare, chemicals and water treatment, infrastructure, mobility, and wine production. The José de Mello Group includes Bondalti, the largest Portuguese producer in the chemical sector and a worldwide reference, Brisa Group that is the largest highway operator in Portugal, CUF that is the largest private healthcare provider in Portugal with over a million clients, and Winestone that manages Portuguese wine assets across 30 markets.
Portuguese group José de Mello is managed by multiple family members in executive roles and in the holding company, since the Group puts a great amount of effort into building an inclusive family governance system. The IMD jury was especially impressed by the focus on next-generation development and how closely the family is involved in supporting next-generation career decisions and job opportunities.
The prestigious IMD Global Family Business Award, which has been recognizing and showcasing the work of best-in-class family businesses since 1996, provides a neutral platform for the analysis of the evolving and vital role of family-owned enterprises in the global economy, as well as the exchange of best practices to drive enhancements in the field.
IMD is an independent academic institute with Swiss roots and a global reach, established by business leaders for business leaders. The international recognition was awarded by an independent jury of family business experts and previous award winners.
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