Harman Patil (Editor)

Ackermans and van Haaren

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Traded as
  
Euronext: ACKB

Number of employees
  
18,750 (average, 2010)

Headquarters
  
Antwerp, Belgium

Type of business
  
Naamloze vennootschap

Key people
  
Luc Bertrand (CEO)

Revenue
  
3.3 billion EUR (2012)

Founded
  
1876

Net income
  
167.5 million EUR (2012)

Ackermans & van Haaren enavhbecssimageslogopng

Industry
  
Conglomerate holding company

Products
  
Contracting and dredging, real estate investment, private banking, private equity

Profit
  
167.5 million euros (2012)

Stock price
  
ACKB (EBR) € 134.85 +4.35 (+3.33%)1 Mar, 11:32 AM GMT+1 - Disclaimer

Ackermans & van Haaren (often abbreviated as AvH) is a diversified group active in 5 key sectors: Infrastructure & Marine Engineering (DEME,one of the largest dredging companies in the world - Algemene Aannemingen Van Laere, a leading contractor in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK - Bank J. Van Breda & C°, niche bank for entrepreneurs and liberal professions in Belgium), Real Estate, Leisure & Senior Care (Leasinvest Real Estate, a listed real-estate investment trust - Extensa, an important land and real estate developer focused on Belgium, Luxembourg and Central Europe), Energy & Resources (Sipef, an agro-industrial group in tropical agriculture) and Development Capital (Sofinim and GIB).

In 2012, through its share in its participations, the AvH group represented a turnover of 3.3 billion euro and employed approximately 18.750 people. The group concentrates on a limited number of strategic participations with significant potential for growth. Ackermans & van Haaren is listed on Euronext Brussels, where it is part of the BEL20 share index.

History

The company was founded in 1880 as a dredging company. Although Ackermans & van Haaren is now a holding company, it is still active in the dredging sector through its 50% subsidiary DEME.

References

Ackermans & van Haaren Wikipedia