Wendel (group)

Wendel S. A. is a French publicly traded corporation headquartered in Paris.

Wendel SA is listed on the Paris Stock Exchange 120 share index SBF.

History

The origin of the company dates back to the founder Jean -Martin Wendel, who acquired in 1704 a blacksmith in Hayange. In 1734, his son Charles de Wendel took the lead and expanded until he died in 1784. His wife Marguerite d' Hayange led the company until the expropriation in 1797 with the beginning of the French Revolution. 1803, the family must return the forging.

The shares of the Dutch Oranje -Nassau Groep BV were purchased in 1908.

A year after the first oil crisis of 1973, the French government decided to nationalize the national steel industry. The group had to restructure and grabbed the other divisions in a new company named Compagnie Generale d' Industrie et de Participations ( CGIP ) headed by Ernest- Antoine Seillière together. During this time, the steel mills of the group produced more than 70 percent in France

With the merger of the CGIP and Marine-Wendel 2002, the present company was formed.

Management

  • François de Wendel, Chairman of the Supervisory Board
  • Frédéric Lemoine, Chairman of the Board

Investments and structure

Shareholders

The main shareholders are:

  • Wendel Participations: 35.10 % (the families Wendel, Seillière de Laborde, Missoffe, Panafieu, Mitry, Rohan, La Rochefoucauld ... ), an approximately thousand -member family holding
  • Private shareholders: 23.80%
  • Institutional Investors: 32.30 %

Investments

Wendel is the reference shareholder of the following companies:

  • Bureau Veritas: with an equity stake of 51.4 %, the world's second largest inspection, classification and certification company in the fields of quality, health, environmental and social responsibility ( QHSE )
  • Saint- Gobain: 16.3%, the global leader in the building materials trade, develops, manufactures and distributes building materials
  • Materis: 75.5 %, the world's leading building chemistry
  • Steel: 92.2 %, a leading global provider of high quality coatings and products for the leather finish
  • IHS: about 35 %, Africa 's leading independent mobile infrastructure provider
  • Mecatherm: 98.1 %, a leading global manufacturer of equipment for industrial bakeries
  • Course: 95.7 %, independent specialist in the long-term car rental in France
  • Exceet Group: 28.4 %, conglomerate that specializes in intelligent electronics and security systems
  • Van Gansewinkel Group: 8.1%, waste collection and waste recycling
  • Saham: 13.33%

In June, 2013, after 11 years as a reference shareholder, Wendel has successfully completed the sale of its Remaining Shares in Legrand.

In April 2012, have spiral and the family Painvin their participation on the German Group, an internationally active specialist for high-performance plug-in connector, sold to TE Connectivity.

Since then, Frédéric Lemoine leads the company, are for Wendel Germany, Austria and Switzerland focus country for further investments.

In January 2010, spiral sponsored the IPO of Helikos in Frankfurt, a so-called Special Purpose Acquisition Company ( SPAC, a listed acquisition vehicle ), which has one of the leading suppliers of embedded electronics and security solutions, is investing in July 2011 in the exceet Group AG. Thus, Wendel after the takeover of Exceet 28.4 % of the capital of Helikos, which was renamed in Exceet Group.

The company sold in June 2008 his involvement in Editis, publishing and music business, to the Spanish publisher Planeta.

Types of business entity International Securities Identification Number De Wendel family Saint-Gobain
816765
de