The Challenge
A multi-generational family business — several operating companies tied together by decades of inter-company cross-holdings — was preparing for the third generation to enter. The family wanted to reorganise ownership so each branch could run its businesses independently, all while minimising tax cost, staying compliant, and preserving both business continuity and family harmony.
What We Did
Working alongside the family and their legal advisers, we mapped the group's existing ownership, identified tax-efficient ways to unwind the cross-holdings, and evaluated each restructuring option under tax and corporate law. We then recommended an implementation sequence that balanced commercial objectives with regulatory compliance, and helped the family build a practical framework for transferring ownership and management to each branch.
The Outcome
The family gained a simplified, transparent ownership structure and an orderly transition to the next generation — historical complexity reduced, commercial objectives met in a tax- and regulatory-efficient manner, and each business set up to grow independently while the family's long-term interests stayed protected.