Traded as Euronext: GBL Products Industrial holdings Parent organization Pargesa Netherlands B.V. | Industry Holding company Website [1] Founded 4 January 1902 | |
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Key people Ian Gallienne (Managing director) and Gérard Lamarche (Managing director) Stock price GBLB (EBR) € 83.25 +0.26 (+0.31%)10 Mar, 5:35 PM GMT+1 - Disclaimer CEO Gerard Lamarche (1 Jan 2012–), Ian Gallienne (1 Jan 2012–) Subsidiaries GBL Energy S.à r.l., GBL Treasury Center Profiles | ||
Groupe Bruxelles Lambert (GBL), one of the first Belgian companies listed in Brussels since 1956 (NYSE Euronext Brussels), is the second largest holding company in Europe, part of the BEL20, with adjusted net assets of EUR 13.76 billion and a market capitalisation of EUR 10.87 billion (as of 30 September 2015).
Two families, Rothschild and Lambert, are relatives to each other.
In 2001 Bertelsmann bought 30% of RTL Group from GBL, bringing its stake to 67% in the company, which owns television shows such as "Baywatch."
Shareholdings as of 30 September 2015 were:
GBL aims to become a core shareholder and, for mid-sized, private companies, to possibly take a majority stake. In either case, its ambition is to find new opportunities that could become “an incubator” of strategic assets over the long term. Ultimately, this investment category could represent between 10% and 15% of the group’s adjusted net assets. GBL therefore continued to purchase Umicore shares in 2014 and 2015 and became its largest shareholder with a 13.1% interest at 30 June 2015. In March 2015, GBL also became the main Ontex shareholder following the acquisition of 7.4% of the capital of the group. In July 2015, GBL announced that it had crossed the 3% threshold in the capital of adidas.