Publications
Publications
- June 2007 (Revised July 2009)
- HBS Case Collection
Bert Twaalfhoven: The Successes and Failures of a Global Entrepreneur
Abstract
Bert Twaalfhoven (70; HBS '54) is faced with two offers to acquire the manufacturing holding company he had built up over 40 years. Despite the attractive price, which would net Twaalfhoven and his family $70 million, he is reluctant to sell the company because his original vision was to create a family-owned conglomerate which would last for generations. Of his eight children, two are appropriate successors, but neither shows much interest in following in their father's footsteps.
Keywords
Mergers and Acquisitions; Family Business; Entrepreneurship; Globalization; Management Succession; Manufacturing Industry
Citation
Isenberg, Daniel J., and Mark Rennella. "Bert Twaalfhoven: The Successes and Failures of a Global Entrepreneur." Harvard Business School Case 807-165, June 2007. (Revised July 2009.)