The blood, sweat and tears in a family business takeover

It's been a tumultuous time for Australia's family business sector in recent years, with many iconic businesses acquired by foreign buyers and losing a part of their identity in the process.

The Australian family business sector, worth $1.6 trillion, is in for massive upheaval, with MGI forecasting an influx of family businesses for sale as the baby boomers retire.

It’s a well-trodden path. Many iconic Australian family businesses have been acquired. But the takeover of a family business is different from corporate takeovers because it’s about a loss of identity.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles