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Recognised for Excellence in Family Business
Tuesday, January 03, 2017
 
Nov 2016 Jebsen & Jessen (SEA)’s success as an industrial conglomerate and strong family-owned business has earned it the Singapore 2016 EY-Barclays Family Business Award of Excellence at the EY Entrepreneur of The Year Awards. 
 
The annual Family Business Award is conferred to outstanding business families that successfully balance the interest of family and business, and who have grown their companies while contributing back to society through philanthropic and social engagements.
 
Representing the Group at the Awards Gala that was held on October 21, 2016, Chairman Heinrich Jessen said: “Receiving this prestigious award is a great honour for us and motivates us to continue the family enterprise approach established and followed by the previous generations: ensuring that a growth-oriented entrepreneurial spirit is allowed to thrive while concurrently maintaining sound, conservative financial discipline and independence from any single industry, geography or business relationship.” 
 
Recognition for the Jebsen & Jessen Family Enterprise 
 
Jebsen & Jessen (SEA)'’s win comes shortly before the Jebsen & Jessen Family Enterprise was named recipient of the 21st IMD-Lombard Odier Global Family Business Award. Previous winners of this prestigious award include world-class companies such as LEGO, Ayala Corporation, S.C. Johnson and Hermès.
 
Conferred during the 27th Summit of the Family Business Network International in China on November 3, 2016, the accolade is awarded by IMD, a top-ranked global business school, and Lombard Odier, one of the main private banks in Europe. It recognises firms that are exemplary in uniting family interests with those of the business and in combining tradition and innovation while demonstrating a clear commitment to their local community.
 
“Jebsen & Jessen Family Enterprise is a flagbearer for family business excellence and has successfully blended an enduring entrepreneurial spirit with the strong commitment to sustainability, environment and its many partnerships,” said IMD President Dominique Turpin. “The company goes beyond merit in receiving this year’s prize.”