Muebles Costa: A failed succession?

MUEBLES COSTA IS THE STORY OF A FAMILY OWNED COMPANY AND THE SUCCESSION OF ITS CHAIRMAN, MR. VICENTE COSTA, BY THE NEXT GENERATION IN THE FAMILY. THE COMPANY’S SALES PLUMMETED RESULTING IN THE RISK OF BANKRUPTCY DUE TO THE CRISIS IN THE FURNITURE INDUSTRY, WHICH IN SPAIN IS PROPORTIONAL TO THAT OF CONSTRUCTION, IN 2008-2013. THE APPOINTMENT OF THE ELDEST SON AS CEO WHEN THE FATHER TAKES THE POSITION OF CHAIRMAN CAUSES THE OTHER SON TO LEAVE THE COMPANY. THE RELATIONSHIP BETWEEN THE CHAIRMAN AND HIS SON AS CEO DETERIORATES AND RESULTS IN THE FATHER’S ATTEMPT TO DESTITUTE HIS SON AND REPLACE HIM WITH HIS SON-IN-LAW.