Family Business Honours 2009 JPMorgan
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2005 Family Business Honours

In 2005, four family firms were honoured by the JPMorgan Private Bank Business Honours programme for their best practices.
Family Governance Winner Business Success Winner Social Responsibility Winner
Ringtons Holdings Limited Walkers Shortbread Ltd. Bestway Group


"Plan for the family as well as the business"

Ringtons Holdings Limited was named the 2005 Winner in the Family Governance category for clearly demonstrating the systems of governance which have helped them to reach the fourth generation of family ownership.

In Ringtons, the Committee noted a purposeful approach to managing family business issues, epitomised by a programme of involving family members with the business.

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"Forget your ego and always do what is in the best long term interest of the Company"

Walkers Shortbread Ltd. was named the 2005 Winner in the Business Success category for demonstrating remarkable growth in its third generation: The story of how a sibling partnership turned a family bakery into a company that makes the fastest selling biscuits in the World Duty Free market.

It has become a world leader in shortbread production and Scotland's leading brand in the export market.

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"Be focused, be determined through hard work and be honest"

Bestway was named the 2005 Winner in the Social Responsibility category for demonstrating excellent standards of philanthropy and good citizenship in its second generation.

Bestway commits to giving 2.5% of its post-tax profits to The Bestway Foundation. The Foundation's work has had a powerful impact both in terms of integration and development of the community, especially through support for local schools in Brent, North London, and Hattar in Pakistan.

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Commendation for Overall Excellence

OCS Group Limited



"Turnover for vanity, profit for sanity"
In 2005 we additionally honoured a firm which, though not subject to the formal evaluation process in all categories this year, the Family Business Honours Evaluation Committee believed demonstrated what can be achieved when the virtuous circle is in place.

OCS was awarded a Commendation for Overall Excellence for demonstrating best practices in all three categories : family governance, business success and social responsibility.

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