Organizing IP Portfolio Succession in a Family Business to the Second Generation
A family group owning 34 trademarks spread under different names between the father and three sons. Consolidating ownership in the parent company before succession.
A Saudi group founded 1990, grown to 34 trademarks distributed without method: 12 in the founder's name, 7 in his elder son's, 9 in the company's, 6 in other sons'. Succession planning exposed catastrophic legal gaps.
Comprehensive IP audit in 6 weeks: inventory, status, renewals, disputes. A family agreement organizing transfer of every individual mark to the parent company in exchange for equity. Formal valuation by a certified appraiser to define exchange value. Recording transfer at SAIP and 4 Gulf countries.
Unified portfolio in the parent company within 5 months. Total estimated portfolio value: SAR 47M (was fragmented at lower aggregate value pre-consolidation). Full readiness for succession or potential external investment.
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