Talk Morgan Forums Community The Malvern Arms Investindustrial and majority stake in Morgan

Clogs to clogs in three generations. We've seen it elsewhere.


Man builds successful business and has children.

Not all children want to be part of it.

Old man retires and leaves one or two children running business.

Second generation have more children, all benefitting from the company.

Some of grandchildren enter company, but not all.

Then tensions emerge about who gets what, and the solution is to sell and divvi up the cash.

They all get a small share but the asset and the income is lost.

This is exactly what happened to a family run hotel we stayed at for years in Devon……..