Compagnie Nationale à Portefeuille

Compagnie Nationale à Portefeuille SA
Non-listed holding company
Headquarters Loverval, Belgium
Key people
Gilles Samyn
(Chairman)
Xavier Le Clef
(Managing Director)
Victor Delloye
(General Counsel and Director)
Total assets Approximately €1.5 billion
(2014 net assets value)
Website www.cnp.be

Compagnie Nationale à Portefeuille SA ("CNP"), is a Belgian non-listed holding company. Together with Groupe Bruxelles Lambert, CNP is one of the main pillars of Groupe Frère-Bourgeois and can rely on a stable shareholders’ base: it is exclusively controlled[1] by Baron Albert Frère.

Investments

CNP directly holds stakes in a number of industrial companies, which at the end of 2014 included:[2]

Ownership and control

In March 2011 CNP was delisted, after a successful takeover bid from Groupe Frère-Bourgeois (70% economic ownership) and BNP Paribas (30%) for the 27.8% of CNP they did not already own.[6] The CNP share was removed from the BEL 20 index on 2 May 2011.[7]

Groupe Frère-Bourgeois acquired BNP Paribas’s stake in CNP at the end of 2013. As a result, CNP is now exclusively controlled by Groupe Frère-Bourgeois, alongside management and personnel.

References

  1. "According to article 5 of Belgian Company law".
  2. "Company website". CNP. 31 December 2014. Retrieved 31 December 2014.
  3. "100% control".
  4. "Financière Flo, a vehicle controlled at 66% by GIB (50-50 between CNP and Ackermans & van Haaren), holds 71,1% of Groupe Flo".
  5. "Jointly controlled at 84% with Ackermans & van Haaren (via GIB, 50-50 between CNP and Ackermans & van Haaren)".
  6. Martens, John (4 March 2011). "Frere Makes Offer for Nationale as Leverage Eclipses Strategy". Bloomberg. Retrieved 8 May 2011.
  7. "Index Announcement" (PDF). NYSE Euronext. 29 April 2011. Retrieved 8 May 2011.

External links

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