Financial Calendar

See all
  • 18
    Annual results 2015
    Fri 18 March 2016
  • 26
    Extraordinary and Ordinary General Shareholders’ Meeting 2016
    Thu 26 April 2016
  • 3
    First quarter 2016 results
    Tue 3 May 2016

Timeline Events

Acquisition

Sale

2012 - Continued development of the private equity activity

In 2012, EUR 28 million were released to the funds Ergon Capital Partners and Sagard with the aim to finance investments.

13 March 2012 - Sale of 10.0% of Arkema

On 13 March 2012, GBL sold its stake in Arkema. The net proceeds from the disposal amounts to EUR 432 million, generating a capital gain of EUR 221 million...

14 March 2012 - Partial sale of a 2.3% interest in Pernod Ricard

A 2.3% interest in Pernod Ricard was sold for EUR 499 million, generating a consolidated capital gain of around EUR 240 million...

7 September 2012 - EUR 401 million of exchangeable bonds into Suez Environnement shares

Successful issuance of 3-year exchangeable bonds into Suez Environnement shares...

24 January 2013 - EUR 1.0 billion exchangeable bonds into GDF SUEZ shares

Issuance of exchangeable bonds into around 55 million GDF SUEZ shares, representing a 2.3% stake in the company, for EUR 1.0 billion....

13 mei 2013 - Sale of 2.7% of GDF SUEZ

Sale through an accelerated book-building (ABB) of 65 million GDF SUEZ shares, representing a stake of around 2.7% in the company,...

3 June 2013 - Acquisition of a 15% stake in SGS

Agreement with EXOR for the acquisition of its 15% stake in SGS, the global leader in testing, inspection and certification, listed on the Zurich stock exchange...

17 July 2013 - Investment in Umicore

As part of the development of the Incubator Investments, crossing of the 3% statutory threshold in Umicore...

27 July 2013 - End of the shareholder agreement relating to Suez Environnement

Non-renewal of the shareholders’ agreement relating to Suez Environnement and signing of a framework industrial and commercial cooperation agreement between GDF SUEZ and Suez Environnement.

27 September 2013 - GBL Placement of five-year GBL convertible bonds for EUR 428 million

Issuance of EUR 428.4 million of convertible bonds into 5.0 million GBL treasury shares (3.1% of the share capital).

8 October 2013 - Continued development of the Financial Pillar: Sagard III and Kartesia

GBL provided further support to the French investment fund Sagard by making a EUR 200 million commitment to Sagard III alongside Power Corporation of Canada.

7 November 2013 - Sale of a 0.3% interest in Total

Sale, for around EUR 360 million, of 8.2 million Total shares representing around 0.3% of the company’s capital.

Begin 2014 - Complete disposal of the stake in Iberdrola

At the start of the year, sale of the residual stake (0.1% of the share capital) in Iberdrola for EUR 21 million, generating a capital gain of EUR 3 million.

7 April 2014 - Merger of Holcim and Lafarge

Announcement by Holcim and Lafarge of their intention to combine their companies through a merger between equals, unanimously approved.

16 April 2014 - New acquisition by Ergon Capital Partners III

Ergon Capital Partners III (« ECP III ») acquired a majority shareholding in Visionnaire on 16 April 2014, as well as in Sausalitos on mid-July 2014.

September 2014 - Partial conversion of exchangeable bonds into Suez Environnement shares

Requests for early conversion of exchangeable bonds into Suez Environnement shares maturing in September 2015.

30 October 2014 - Sale of investments in Corialis

Completion by Ergon Capital Partners II (“ECP II”) and Sagard II on 30 October 2014 of the sale of their shareholding in Corialis.

31 December 2014 - Continued development of Sienna Capital

In the fourth quarter of 2014, commitment by Sienna Capital of EUR 75 million to Mérieux Développement’s investment companies.

31 December 2014 - Further purchases of Umicore shares

Further purchases of Umicore shares. GBL held 12.4% of the company’s share capital at 31 December 2014, for a total investment of EUR 464 million.

End 2014 - Sale of a 0.6% interest in Total

Disposal of an additional fraction of 14.0 million Total shares (representing 0.6% of the share capital) for EUR 650 million.

26 January 2015 - Sale by Ergon Capital Partners II of its majority stake in Joris Ide

Ergon Capital Partners II completed the sale of its majority stake in Joris Ide, a leading manufacturer of steel profiles and insulated sandwich panels

9 February 2015 - Investment of EUR 150 million into PrimeStone

In February 2015, Sienna Capital announced an investment of EUR 150 million into PrimeStone.

26 February 2015 - Acquisition by Imerys of the Greek group S&B finalised

The purchase price was determined on the basis of an equity value of EUR 624 million for 100% of the shares, including a performance amount of EUR 21 million.

EUR 130 million investment in Ontex

During the first quarter of 2015, GBL acquired for EUR 130 million a 7.4% stake in the capital of the Belgian listed company Ontex, a major producer of disposable personal hygiene products (baby d

Purchase of the majority of Golden Goose by Ergon Capital Partners III

On 19 May 2015, Ergon Capital Partners III acquired a majority stake in Golden Goose, an Italian designer of contemporary footwear , clothing and accessories ( www.goldengoosedeluxebrand.com ) .

Sale of the stake in Cérélia

Successful merger between Lafarge and Holcim; emergence of an undisputed leader

On 1 June 2015, Holcim launched its public exchange offer for all Lafarge shares. At the end of the reopening period, 96.4% of Lafarge shares were tendered.

Investments and Sale by Sagard III

Sagard III completed new acquisitions during the first half of the year: Safic-Alcan, Délices des 7 Vallées and Alvest.

EUR 235 million invested by Kartesia at 30 September 2015

At 30 September 2015, Kartesia had invested EUR 235 million (representing about 46% of the fund) in primary and secondary transactions.

Early conversion of exchangeable bonds into Suez Environnement shares

The bonds exchangeable into Suez Environnement shares matured in September 2015.

Disposal of shares Total

Since the beginning of 2015, GBL has sold 1.8 million Total shares for EUR 84 million, generating a consolidated capital gain of EUR 42 million.

Strengthening of the stake in Umicore

GBL increased its stake in Umicore, holding 16.3% of the capital at 30 September 2015 (13.1% in end of June 2015)...

3rd investment in the Incubator - adidas

GBL announced on 24 July that it had crossed the statutory threshold of 3% in the share capital of adidas.

Asset classes

  • GBL aims to create value over the long term through a diversified portfolio focused on three types of assets: Strategic Investments, Incubator Investments and Sienna Capital. While the last two are in development phase, the vast majority of the current participations are Strategic Investments individually valued at more than 1 billion euros.
    01/04/2015
    01/04/2015
    01/04/2015
    01/04/2015
  • LafargeHolcim is the world leader in construction materials: cement, aggregates and concrete
    9.4 %
    30/09/2015
    9.4 %
    30/09/2015
    18.5 %
    30/09/2015
    2
    30/09/2015
  • Total is a global, integrated oil and gas group, with a presence also in the chemical industry
    2.9 %
    30/09/2015
    2.7 %
    30/09/2015
    19.4 %
    30/09/2015
    2
    30/09/2015
  • Imerys is the world leader in speciality minerals
    53.2 %
    30/09/2015
    69.3 %
    30/09/2015
    17.0 %
    30/09/2015
    6
    30/09/2015
  • SGS
    SGS is the world leader in inspection, verification, testing and certification
    15.0 %
    30/09/2015
    15.0 %
    30/09/2015
    12.7 %
    30/09/2015
    3
    30/09/2015
  • Pernod Ricard is the world’s co-leader in Wines & Spirits
    7.5 %
    30/09/2015
    6.9 %
    30/09/2015
    12.4 %
    30/09/2015
    2
    30/09/2015
  • ENGIE is a leading international energy group, operating in electricity, gas and services
    2.3 %
    30/09/2015
    2.3 %
    30/09/2015
    5.5 %
    30/09/2015
    0
    30/09/2015
  • In addition to the Strategic Investment portfolio that brings together the companies in which GBL has an interest of more than EUR 1 billion, GBL intends to invest amounts of between EUR 250 million and EUR 750 million in private or listed companies.
    13/06/2013
  • adidas is a global leader in the sporting goods industry
    27/07/2015
    27/07/2015
    27/07/2015
    27/07/2015
  • Umicore is a group specialised in materials technology and the recycling of precious metals
    12.4 %
    31/12/2014
    5.9 %
    31/03/2014
    07/01/2014
    4
    31/03/2014
  • Ontex, a major player in the disposable hygiene products market.
    7.4 %
    31/12/2014
    07/04/2015
    07/04/2015
    07/04/2015
  • Sienna Capital aims to generate attractive risk adjusted returns by constructing a diversified portfolio of talented investment managers across a wide range of asset classes (private equity, debt and specific thematic funds).
    07/01/2014
    5.0 %
    07/01/2014
    07/01/2014
    4
    07/01/2014
  • Ergon Capital Partners (ECP) was created in 2005 as a private equity fund operating in the mid-market segment.
    03/06/2013
    03/06/2013
    03/06/2013
    03/06/2013
  • Sagard was founded in 2002 on the initiative of Power Corporation of Canada.
    03/06/2013
    03/06/2013
    03/06/2013
    03/06/2013
  • Created in 2013, Kartesia offers liquidity and credit solutions to mid-sized European companies, while providing a higher, stable return to its investors.
    5.0 %
    07/01/2014
    07/01/2014
    4
    07/01/2014
  • Established in 2009, Mérieux Développement is a fund specialized in the healthcare sector, conducting growth and venture capital investments worldwide.
    04/02/2015
    04/02/2015
    04/02/2015
    04/02/2015
  • PrimeStone was founded in 2014 by three former partners from The Carlyle Group, who specialized in buyouts and have invested and worked together across Europe for more than 15 years.
    09/04/2015
    09/04/2015
    09/04/2015
    09/04/2015