Bruxelles Lambert Company Description
Groupe Bruxelles Lambert's groupe includes some pretty haut companies. The investment firm has stakes in three major French companies: oil giant Total, utilities company GDF SUEZ, and materials maker Imerys. (The firm in 2006 sold its 25% stake in German media conglomerate Bertelsmann.) Groupe Bruxelles Lambert seeks stable, long-term investments, but is not limited by industry. It prefers investments that are closely linked to the European economy. Through affiliated entities, chairman Albert Frère and Canada's Power Financial together own nearly half of Groupe Bruxelles Lambert (which is also known as GBL).
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The Company Description provides a historical perspective of Bruxelles Lambert's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Bruxelles Lambert's evolution in the marketplace.
