PwC puts great Midlands family businesses on the map
PwC in the Midlands has helped to put the region’s family businesses on the map, as part of national tour of some of the UK’s most successful family businesses organised by Family Business United.
The Family Business Road Trip is an innovative event that celebrates the essential contribution family firms make to national GDP and regional economies.
In the UK, the family business sector accounts for four million firms, £1.4 trillion in turnover (almost a quarter of UK GDP) and employs more than nine million people. In addition, the top 20 family owned firms in the UK generate turnover in excess of £49 billion.
Family firm Sturgess Jaguar provided the car for the trip and the event was sponsored by PwC, Farrer & Co and Close Brothers Asset Management.
The Family Business Road Trip 2016 ran for six weeks in April and May, covering Yorkshire to the Lake District and the Midlands to London and East Anglia.
In the Midlands, the tour met with families behind some of the region’s most noteworthy businesses, including:
- Walkers Nonsuch Toffees in Stoke on Trent, one of England’s finest and oldest makers of traditional toffee, based in the heart of the Potteries.
- Scotts of Thrapston in Northamptonshire. Established in 1920, Scotts of Thrapston has an enviable reputation for manufacturing high quality, specialist timber products.
- Fibrex Nurseries in Stratford Upon Avon, a mail-order and retail nursery in the UK specializing in pelargoniums, hederas, hardy ferns, and hellebores, holding the national collection for the first two.
- Nicklin Transit Packaging in Birmingham. Trading since 1913, Nicklin is one of the UK’s longest established and most experienced providers of bespoke timber and corrugated transit packaging products and services.
- Turtle Doves in Shrewsbury, a British design and manufacturing company, specialising in using post consumer textile waste to create beautiful new garments & accessories.
Chris Romans, partner and private business leader at PwC in the Midlands said:
“Events such as this enable us to see first-hand the real diversity of the family business sector and the great contribution they make to the local, national and international economy.”
Paul Andrews, Founder and Managing director of Family Business United, said:
“Family firms are the very backbone of the UK economy, and we were excited to meet with some of the best known family businesses in the UK, as well as some lesser-known hidden gems.
We want to celebrate the businesses that do so much for the country, by helping them to link up and share the knowledge and experience of other family businesses, as well as having access to advice from who are committed to helping family businesses shine.
“The Family Business Road Trip is a great way for us to champion the sector and to help put some great British family businesses on the map.”