Family Business United continues to champion the family business sector and is delighted to be able to share details of the largest family firms in Spain. Like many countries, family firms are the backbone of the Spanish economy and collectively the thirteen largest family firms in Spain have been trading for over 878 years.
In terms of turnover they collectively generate turnover of $137,880 million and employ 830,000 people.
As Paul Andrews, founder and CEO of Family Business United who champion and celebrate the contribution of family firms around the world adds, “The contribution of the top family firms in Spain should not be under-estimated as it goes far and beyond revenue generation and jobs. These businesses are at the heart of communities across the country and make a difference to lives each and every day. They deserve recognition for the wealth they create, the employment they provide and the support they give to organisations through their philanthropic endeavours too.”
Rank | Family Business | Year Founded | Revenue 2018 $ Millions |
Staff 2018 |
1 | Fomento de Constucciones y Contratas | 1900 | $6,985 | 54,252 |
2 | Grupo Villar Mir | 1987 | $6,845 | 30,547 |
3 | Industria de Diseno Textil | 1963 | $31,516 | 171,839 |
4 | Ferrovial | 1952 | $6,587 | 82,515 |
5 | Obrascon Huarte Lain | 1911 | $3,328 | 12,167 |
6 | Mercadona | 1977 | $25,741 | 85,800 |
7 | Grupo Antolin-Irausa | 1950 | $5,947 | 30,899 |
8 | El Corte Ingles | 1935 | $18,080 | 90,004 |
9 | Tecnicas Reunidas | 1960 | $5,033 | 8,971 |
10 | Prosegur Compania de Seguridad | 1976 | $4,510 | 167,987 |
11 | Gestamp Automocion | 1997 | $9,934 | 38,988 |
12 | Globalia Corporacion Empresarial | 1971 | $4,268 | 15,035 |
13 | Acciona | 1916 | $9,127 | 38,544 |
Source: Family Capital and PwC Research into the 750 Top Family Businesses Note - A family or families had to control at least 50% of the voting shares in a private company or at least 32% of the voting rights in a publicly listed company Note - Only family firms older than 20 years are included allowing a level of transition from the first generation to some participation of the next generation