IMD and Lombard Odier recognize Bavaria

Bavaria, one of the oldest privately held and run companies in the Netherlands, was awarded the 20th annual IMD-Lombard Odier Global Family Business Award at the 26th Summit of the Family Business Network International (FBN-I) in Montreux, Switzerland.
Awarded by IMD, a top-ranked global business school, and by Lombard Odier, one of the main private banks in Europe, this prize is regarded by many as the most prestigious for successful family businesses.
It recognizes the way in which such firms unite family interests with those of the business and combine tradition and innovation while demonstrating a clear commitment to their local community.
This year, the Award is celebrating its 20th anniversary and pays tribute to a long list of prestigious recipients. It renews its commitment to recognizing and documenting exceptional family business performance, enhancing its role as a platform for family businesses to exchange best practices, analyze the economic situation and learn from each other.
Previous winners include world-class companies such as LEGO, Ayala Corporation, S.C. Johnson, Hermès, Barilla, Yazaki Corporation, Merck, Firmenich and Bel Group.
This year’s winner is Bavaria, the second largest brewery in The Netherlands which was founded before 1680 and has been owned and run by the Swinkels family since 1764.
A global brewer with roots in local ground, the company is in its seventh generation of family ownership and leadership. It had revenues of $503.9 million in 2014, operates in more than 120 countries and employs approximately 1000 people.

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