Largest Family-Owned Enterprises in Australia

12 May Blog

A family-owned business can be one of the oldest business organization forms in the world. It can be defined as any business in which two or more family members are involved and the majority of the ownership and control lies within a family.

Many transport Companies in Australia are operated by families. the majority of these businesses are 2-50 people operations and are owned and managed by a family but employ many other staff for duties such as sales, admin, loading, and driving. Often the founding family members still oversee the operation but are gradually passing the reins on to the next generation. Often these companies are managed for multiple generations by the founding family, such as Richers transport which is succeeded by the 3rd generation. Visy, and Linfox are two very large companies in Australia that are owned in majority (51+% of the shares) by the founding family.

Here are a few family-run businesses that have grown, expanded, and evolved to lead the industry today.

LINFOX

Lindsay Fox – the founder of Linfox started the company with just one truck delivering soft drinks in the summer and fuel in winter in Melbourne, Australia. The business has grown to service nine countries across the Asia Pacific region and involves more than 24,000 people today.

Today, Linfox continues to invest in people, property, assets, and systems to deliver growth and prosperity for its customers, employees, suppliers, and shareholders.

The values, purpose, systems, and technology behind the people, fleet, and facilities make Linfox one of the safest and most efficient logistics, companies in the Asia Pacific.

VISY

Founded in 1948, Visy is a privately owned paper, packaging, and recycling company in Melbourne, Australia.

It has become a global leader in packaging and resource recovery and has been a pioneer in sustainability since then. They are in the business for over 70 years and operate in more than 120 sites in Australia, Asia, and Europe.

They provide end-to-end solutions from paper, primary packaging, fiber packaging, packaging supplies and consumables, point of sale displays, automation, materials handling, logistics, and recycling.

However, while we have mentioned two of the largest family-owned enterprises in Australia, we want to make a special mention of the small-medium transport businesses operating all over Australia by families and their small teams.

This group of people are largely responsible for a large deal of transport volume all over Australia & without them, Australia would not be the same.

Tegral is a family-owned and operated business that thoroughly supports Australian businesses both small and large.