Search results for "Industrial history"

Two Family Firms in Comparison: Ahlström and Schauman During the 20th Century

2006

Ahlstrom and Schauman are among the most prominent companies in Finnish industrial history, being family firms engaged in different branches of economic activity. At first both were mechanical wood processing companies, but diversified later into the pulp and paper industry as well. Ahlstrom is even still today an important paper producer, whilst Schauman merged in 1987 with the Kymmene Corporation, and is nowadays a part of the UPM-Kymmene Corporation. This paper analyses the strategic decision processes undertaken in the named companies during the 20 century. The companies were not the most typical ones in the Finnish wood processing industry, but were, perhaps, typical examples of old fa…