Sofina
Sofina, Société Financière de Transports et d'Entreprises Industrielles, is a Belgian holding company, headquartered in Brussels with offices in Singapore and Luxembourg. As part of the Bel20 index, it is one of the twenty largest capitalisation in Belgium. The company invests in several industrial sectors such as telecommunication (7%), banks and insurance (6%), private equity (6%), B2B
Overview
Sofina, Société Financière de Transports et d'Entreprises Industrielles, is a Belgian holding company, headquartered in Brussels with offices in Singapore and Luxembourg. As part of the Bel20 index, it is one of the twenty largest capitalisation in Belgium. The company invests in several industrial sectors such as telecommunication (7%), banks and insurance (6%), private equity (6%), B2B (18%), consumer goods (31%), energy (6%), food distribution (8%) and various other sectors (10%). Geographically, Sofina has investments located in Belgium, France, Luxembourg, the Netherlands, the United Kingdom, China, India and North America.
History
The company was founded in 1898. It was led from 1905 until 1955 by the Belgian-American engineer of German origin Dannie Heineman (1872–1962). Historically, the company owned the Anglo-Argentine Tramways Company, which was one of the largest tram operators in the world at the time. From 1955 on, the current family shareholders started to invest. Yves Boël is appointed Director in 1956. In 1964, the Boël family took control together with Société Générale de Belgique.
Governance and Management
Chairman of the board: David Verey since 2014 (took over from Richard Goblet d'Alviella) Management: Harold Boël, chief executive officer, Xavier Coirbay, Wauthier De Bassompierre, Francois Gillet. Former Managers : Jean-Luc Reginster, former general counsel, former secretary; Marc Speeckaert, former managing director; Marc Van Cauwenberghe, former deputy managing director.
Shareholder structure
The majority of the shares are held by the Boël family. The remaining shares are listed on Euronext Brussels and Sofina is part of the Bel 20 index.
Notable investments
Barcelona Traction Bira 91 ByteDance Byju's Cambridge Associates Cognita Colruyt Danone Eurazeo Flipkart (made an exit in 2018) Myntra Pine Labs Richemont Sequoia Capital SES Suez S.A. Typeform (service) Vinted (service) Cerealis
See also
Groupe Bruxelles Lambert
External links
Official website Sofina news For the history and historical archives of the company, see Association pour la Valorisation des Archives d'Entreprises Documents and clippings about Sofina in the 20th Century Press Archives of the ZBW
Wikipedia contributors · Sofina · revision 1320584775 · CC BY-SA 4.0 · Plain text extracted and formatting adapted; tags derived from linked topics.