Half-yearly Report 2018

Download

About GBL

Leading investor in Europe, controlled by the Frère and Power Corporation of Canada groups.

Our strategy

Deploying capital in high-quality assets, leaders in their sector.

Our commitment

Being an active and responsible professional investor.

Our objective

Value creation through continuous and sustainable growth of our intrinsic value and paid dividend distribution.

Our financial policy

Maintaining a solid and flexible financial structure.

Timeline

Go to the next item Go to the previous item Play Go to previous year Go to next year
Zoom In Zoom Out

More ›
  • Stock price on
  • Net asset value in € per share 00/00/00
Filter by
  • 140
  • 120
  • 100
  • 80
  • 60
  • 40

Portfolio

    • 75 % - 80 %
    • Long term objective
    • (contribution to GBL's portfolio)

    Investments generally larger than one billion euros, primarily in listed companies, in which GBL can exercise a marked influence over the long terme. They represent the bulk of the portfolio.

    Imerys

    Imerys

    Imerys is the world leader in mineral-based specialty solutions for industry

    Learn more
    • 53.76%
      Share capital 30/06/2018
    • 3
      Number of representatives in statutory bodies 30/06/2018
    • 67.39%
      Voting rights 30/06/2018
    • 2,968 EUR M
      Value of the stake 30/06/2018
    adidas

    adidas

    adidas is the European leader in sports equipment

    Learn more
    • 7.50%
      Share capital 30/06/2018
    • 1
      Number of representatives in statutory bodies 30/06/2018
    • 7.50%
      Voting rights 30/06/2018
    • 2,934 EUR M
      Value of the stake 30/06/2018
    LafargeHolcim

    LafargeHolcim

    LafargeHolcim is the leading global construction materials and solutions company

    Learn more
    • 9.43%
      Share capital 30/06/2018
    • 2
      Number of representatives in statutory bodies 30/06/2018
    • 9.43%
      Voting rights 30/06/2018
    • 2,377 EUR M
      Value of the stake 30/06/2018
    SGS

    SGS

    SGS is the world leader in inspection, verification, testing and certification

    Learn more
    • 16.60%
      Share capital 30/06/2018
    • 3
      Number of representatives in statutory bodies 30/06/2018
    • 16.60%
      Voting rights 30/06/2018
    • 2,893 EUR M
      Value of the stake 30/06/2018
    Pernod Ricard

    Pernod Ricard

    Pernod Ricard, the world´s number two player in Wines & Spirits holds a leading position globally

    Learn more
    • 7.49%
      Share capital 30/06/2018
    • 2
      Number of representatives in statutory bodies 30/06/2018
    • 11.33%
      Voting rights 30/06/2018
    • 2,783 EUR M
      Value of the stake 30/06/2018
    Umicore

    Umicore

    Umicore is a leader in materials technology and recycling of precious metals

    Learn more
    • 16.93%
      Share capital 30/06/2018
    • 2
      Number of representatives in statutory bodies 30/06/2018
    • 16.93%
      Voting rights 30/06/2018
    • 2,051 EUR M
      Value of the stake 30/06/2018
    Total

    Total

    Total is an integrated global oil and gas group with a presence in chemicals

    Learn more
    • 0.61%
      Share capital 30/06/2018
    • 1
      Number of representatives in statutory bodies 30/06/2018
    • 1.16%
      Voting rights 30/06/2018
    • 846 EUR M
      Value of the stake 30/06/2018
    Ontex

    Ontex

    Ontex is a leading international personal hygiene solutions provider

    Learn more
    • 19.98%
      Share capital 30/06/2018
    • 1
      Number of representatives in statutory bodies 30/06/2018
    • 19.98%
      Voting rights 30/06/2018
    • 310 EUR M
      Value of the stake 30/06/2018
    GEA

    GEA

    GEA is one of the largest suppliers of process technology to the food industry

    Learn more
    • 7.29%
      Share capital 30/06/2018
    • 7.29%
      Voting rights 30/06/2018
    • 380 EUR M
      Value of the stake 30/06/2018
    Parques Reunidos

    Parques Reunidos

    Parques Reunidos is a leading operator of leisure parks with a global presence.

    Learn more
    • 21.19%
      Share capital 30/06/2018
    • 2
      Number of representatives in statutory bodies 30/06/2018
    • 21.19%
      Voting rights 30/06/2018
    • 234 EUR M
      Value of the stake 30/06/2018
    • 10 % - 15 %
    • Objectif à long terme
    • (contribution au portefeuille de GBL)

    Une sélection réduite de participations de taille moins importante (EUR 250 millions - 1 milliard), cotées en bourse ou non, ayant le potentiel de devenir stratégiques dans la durée, au sein desquelles GBL vise à devenir un actionnaire de référence et, pour les sociétés de taille moyenne, à prendre éventuellement une position majoritaire.

    • 10 %
    • Long term objective
    • (contribution to GBL's portfolio)

    Sienna Capital comprises significant investments in private equity, debt or specific thematic funds. GBL intends to reinforce the diversification of its portfolio and achieve its value creation objectives while pursing the development of its alternative investments within Sienna Capital.

    Ergon Capital Partners

    Ergon Capital Partners

    Created in 2005, Ergon Capital Partners (“ECP”) is a private equity fund operating in the mid-market segment.

    Learn more
    • 285 EUR M
      Value of the stake 30/06/2018
    Sagard

    Sagard

    Sagard was founded in 2002 on the initiative of Power Corporation of Canada.

    Learn more
    • 189 EUR M
      Value of the stake 30/06/2018
    Kartesia

    Kartesia

    Kartesia offers liquidity and credit solutions to mid-sized European companies, while providing a higher stable return to its investors.

    Learn more
    • 200 EUR M
      Value of the stake 30/06/2018
    Mérieux

    Mérieux

    Established in 2009, Mérieux Developpement invests in growth equity and venture capital within the healthcare and nutrition sectors.

    Learn more
    • 60 EUR M
      Value of the stake 30/06/2018
    PrimeStone

    PrimeStone

    PrimeStone was established in 2014 by three former partners from The Carlyle Group, specialising in buyouts, and who have worked and invested together across Europe for more than 15 years.

    Learn more
    • 176 EUR M
      Value of the stake 30/06/2018
    BDT Capital Partners

    BDT Capital Partners

    BDT Capital Partners was created in 2009 by Byron Trott, a long-standing partner of Goldman Sachs, with the aim of meeting the strategic and financial needs of families and/or company founders around the globe.

    Learn more
    • 67 EUR M
      Value of the stake 30/06/2018
    Backed

    Backed

    Backed was launched in 2015 by a 29 years old talented investment professional. The fund invests in seed / series A deals.

    Learn more
    • 14 EUR M
      Value of the stake 30/06/2018