José de Mello Group wins 2024 IMD Global Family Business Award

Oct 31, 2024

The José de Mello Group was distinguished with the prestigious 2024 IMD Global Family Business Award, an annual prize granted to family-based business groups and companies by IMD, the renowned international management and leadership school.

Upon bestowing this international distinction, which sees nominations of family businesses from all over the world, the award jury praised the José de Mello Group for its values, its governance model, the role and commitment of its shareholder family throughout several generations, for the resilience with which it has always tackled economic shocks and changes in regime, as well as for the way in which the next generation is being prepared and mentored.

The award jury, constituted by family business experts and winners of previous editions, also commended the way in which the José de Mello Group and the José de Mello family have continued the historic legacy started by Alfredo da Silva in 1898 with the CUF Group, by continuously seeking a business performance directed towards entrepreneurship, innovation, excellence and social responsibility, thus seen as an example for other family groups and businesses.

“The José de Mello Group has proven its resilience and adaptability in the face of uncertainty and has defined an exceptional governance model with long-term vision, developing initiatives to foster entrepreneurship and innovation while continuously shaping the business landscape both in Portugal and beyond”, said Peter Vogel, director of the IMD Global Family Business Center.

“This award recognises a persistent and consistent entrepreneurial path, started by my great-grandfather Alfredo da Silva and rebuilt by my father José Manuel de Mello, who instilled in our family the desire to remain united and committed to our purpose. It is also a tribute to my siblings and a recognition of all the people who work at the José de Mello Group, to whom I convey my gratitude for keeping our corporate culture alive, and for being examples of competence, human development, innovation and integrity”, said Salvador de Mello, CEO of José de Mello Group.

The award ceremony was held in Tokyo last night, during the annual conference of the FBN (Family Business Network), IMD’s partner association.

About the Award

The IMD Global Family Business Award is a prestigious international award, which has been acknowledging and disseminating the best family businesses on a global scale since 1996. This is the first time the award has been given to a Portuguese business group.

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About IMD

IMD is an academic institution which for over 75 years has pioneered the training and development of leaders and organisations that contribute to a more prosperous, sustainable and inclusive world. Comprising a diverse faculty and campuses in Lausanne, Singapore and Shenzen, IMD offers executive education programmes and degrees consistently ranked among the best in the world.

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About the José de Mello Group

Heir to a historic legacy of more than 120 years, the José de Mello Group is one of the largest Portuguese family-run business groups. With a diversified intervention in the economy and a significant, value-generating presence in the sectors where it operates, the José de Mello Group pursues a future-oriented business strategy, supported by a culture based on the promotion of Sustainability and on the values of Competence, Human Development, Innovation and Integrity.

For more information, see here