Private limited companies in the spotlight
Recommend on Google+
The largest businesses are plc’s. Right? Wrong…
A good piece in the Sunday Times a few weeks ago has some great information to help explain how many large private companies there are.
The Sunday Times has teamed up with accountancy firm Deloitte to produce some research into Europe’s largest family-owned and venture-capital owned private companies.
The research has identified over 400 private companies with revenues ranging from €1 billion to €93 billion, resulting in combined sales of more than €1.5 trillion.
Whilst the detailed research isn’t really directly relevant to business students, some of the examples highlighted by the research are well worth noting down.
There is a common misconception amongst students (and some teachers) that the largest businesses are public companies (plcs).
So to provide a little balance, here are some household business names which are still private companies:
Lidl
Ikea
Lego
Red Bull
Prada
San Miguel
Bosch
Another example is Alliance Boots, which used to be public, but was then “taken private”.
blog comments powered by Disqus
CSR - Ikea’s Never Ending List… [25 Mar 2011]
Ikea’s UK flat pack sales are…well..flat [31 Oct 2010]
Global branding in emerging markets - Ikea tolerates window shoppers [25 Feb 2010]
SWOT analysis for Britain’s leading high street retailers [30 Dec 2008]
A tale of two retailers with contrasting fortunes in the slump [19 Dec 2008]
Insights into the private affairs of Britain’s largest retailers [13 Aug 2008]
Flat-rate mobile phone from the kings of flat-pack [4 Aug 2008]
Edexcel AS Business Studies - IKEA case Study [7 Apr 2008]
BUSINESS TEACHER RESOURCE NEWSLETTER
Get first news of business teaching resources, ideas and other materials from tutor2u. Over 9,400 business teachers from the UK and around the world receive our regular teacher email newsletters. Sign up for free here!
