30 Ottobre 2025
Autore: Alessandro Zattoni
Abstract:
The Angelini Group is a large privately-owned Italian group. At the end of 2017 the Angelini Group had about 6,000 employees, located in 20 countries, and a turnover of €1.67 billion with a gross operating margin of €234 million. Table 1 shows the main Angelini Group business units. The Group is diversified and operates in various sectors: pharma, personal care/consumer, machinery, beauty, wines and real estate. The pharmaceutical business accounts for 52% of turnover, personal care for 29%, machinery for 9%, beauty for 7%, wines for 2% and other activities (including real estate) for 1%. As he approaches the age of 70, Mr. Francesco Angelini – grandson of the founder and leader of the Group – reflects on the existing strategy, ownership and corporate governance structure. He intends to hand over the reins to the next generation after having designed a group and governance structure coherent with the size and the complexity of the Group.
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