A long-term investor
Wendel is a hands-on investor and shareholder that assists sector-leading companies in their long-term development. Wendel's business model combines the entrepreneurial passion born of a long family tradition with a culture of performance and accountability.
Press Releases 2012
15 May 2012 exceet Group SE
exceet increases sales and order backlog in Q1 2012: Group sales rose by 29.3% - Order backlog soared to EUR 103.1 million (+ 67.4%) - Management confirms 2012 guidance for sales and profit
exceet Group SE has made a successful start into the 2012 financial year - Group sales rose by 29.3% and reached EUR 46.0 million compared to EUR 35.6 million for the same period in the previous year - While organic growth stood at around 3%, the bigger part of total group sales growth was attributable to two acquisitions, Contec and AuthentiDate, contributing to the group's performance since the second quarter of 2011.
Read more [+]15 May 2012 Bureau Veritas
Successful launch of Bureau Veritas inaugural bond issue
Bureau Veritas has today completed the placement of a 500 million euro bond issue - This inaugural 5-year unrated bond issued with a coupon of 3.75% has been successfully placed in a volatile market environment
Read more [+]11 May 2012 Van Gansewinkel Groep
Cees van Gent new CEO of Van Gansewinkel Groep
Cees van Gent (49) has been appointed CEO of Van Gansewinkel Groep - In addition to his role as CEO, he will have the Collection & Services division in his portfolio - With effect from Monday 14 May 2012, the Board of Directors of Van Gansewinkel Groep will comprise Cees van Gent, Rob de Fluiter Balledux (CFO) and Yves Luca (COO Recycling & Energy from Waste)
Read more [+]09 May 2012 Saint-Gobain
SAGE Electrochromics to become wholly owned subsidiary of Saint-Gobain
This deal will help SAGE expand into international markets, develop new products and complete construction of the company's new, state-of-the-art manufacturing facility in Faribault, MN...
Read more [+]04 May 2012 Legrand
2012 first-quarter results: Sales up 4.8% - Adjusted operating margin at 20.4% - 2012 targets confirmed
Reported figures set sales for the quarter at €1,086.2 million, a year-on-year rise of 4.8% - Adjusted operating income came to €222 million or 20.4% of sales (20.8% excluding acquisitions)
Read more [+]03 May 2012 Saint-Gobain
First-quarter 2012 sales up 3.7% to €10.2 billion -Organic growth: 0.9%.
Sales prices: up 2.4%, with a positive contribution from all Business Sectors - Sales volumes: down 1.5% (very tough basis for comparison) - Double-digit organic growth in the United States, driven by businesses linked to residential construction -Upbeat momentum confirmed in construction markets in Northern Europe; continuing difficulties in Southern Europe - Solid performance in France - Continued brisk trading on industrial markets (excluding automotive in Europe) - Slowdown in organic growth in Asia and emerging countries: +0.6% - 2012 targets confirmed.
Read more [+]03 May 2012 Bureau Veritas
Bureau Veritas announces its Q1 2012 revenue
Revenue up 12.0% to €868.3 million - Organic growth of 8.6% - An acquisitions-led first quarter
Read more [+]20 April 2012 exceet Group SE
exceet starts 2012 with strong first quarter - Sales up by more than 29 percent
exceet Group SE, one of the leading suppliers of embedded electronics and security solutions, has made a very successful start to the 2012 financial year. Preliminary figures show consolidated sales rising in the first quarter of 2012 by 29.3 percent to € 46.05 million (Q1 2011: € 35.61 million). Organic growth amounted to around 3 percent. The segments medical technology and industrial automation were once again the main contributors to this positive business development.
Read more [+]
20 April 2012 Legrand
Legrand confirmed in the FTSE4Good* index
Legrand has once again been ranked in the FTSE4Good* index for 2012, after its first inclusion in 2007. This provides recognition of the importance which the Legrand Group attaches to growing its business in compliance with non-financial criteria of corporate social and environmental responsibility, thereby placing people and the environment at the centre of its strategy - (* Created by the global index company FTSE Group, FTSE4Good is designed to identify listed companies that are considered ethical and responsible)
17 April 2012 exceet Group SE
exceet awarded major contract worth Euro 40 million by Siemens
Luxembourg/Berlin, April 17, 2012 The exceet Group SE, a leading supplier of integrated electronic products and solutions, extends its long term partnership with Siemens AG - Over the next three years, exceet will supply the company with optoelectronic sensors - The serial production of the highly sensitive components takes place under strictest clean room conditions at the Berlin production site of AEMtec GmbH, which is part of the exceet Group - The order volume amounts to Euro 40 million.
Read more [+]13 April 2012 Van Gansewinkel Groep
2011 annual results of Van Gansewinkel Groep
Higher operating results thanks to acquisition of Veolia Belgium and improvements in efficiency; difficult market conditions continue - Revenue €1.2 billion (+6%) - EBITDAE €254 million (+2%) - Operating result €59 million (+18%) - Operational cash flow €233 million (+1%) - Net loss increased to €25 million - Equity €162 million at year-end 2011 (+5%) - Positive impact on results from acquisition of Veolia Belgium - Pressure on prices at Collection & Services continues in first quarter 2012
Read more [+]13 April 2012 Van Gansewinkel Groep
CEO Ruud Sondag steps down
Ruud Sondag (CEO) is leaving Van Gansewinkel Groep. In consultation with the Supervisory Board it is concluded that he is stepping down due to a difference in view regarding the policy for the company...
Read more [+]11 April 2012 Legrand
Success for Legrand's new euro bond issue
Legrand today successfully launched and priced its new euro-denominated bond issue, which is for €400 million over ten years - The maturity date is April 19, 2022 and the annual coupon is 3.375%
Read more [+]02 April 2012 Saint-Gobain
Completion of the Brossette and Build Center Acquisitions
On March 30, 2012, Saint-Gobain completed the acquisition of Brossette from Wolseley, after the transaction was approved by France's competition authorities on March 23 subject to the divestment of 22 outlets representing aggregate sales of some €30 million
Read more [+]30 March 2012 Saint-Gobain
Saint-Gobain transfers its shares in Flovetro SpA
Saint-Gobain and the NSG Corporation signed an agreement on March 29 concerning the acquisition by NSG of Saint-Gobain's total stake in Flovetro SpA - This company, which operates one flat glass manufacturing float line in San Salvo (Italy), has been jointly held 50- 50 by the two groups since 1976...
Read more [+]30 March 2012 exceet Group SE
Record year for exceet Group SE in 2011: Group sales up 42.7% to €170.5 million - Adjusted EBITDA up 62.9% to €28.8 million - 2012 off to a very good start
exceet Group SE, one of the leading suppliers of integrated electronic products and solutions had a very successful business year in 2011 - Group sales rose by 42.7% to €170.5 million during the period under review (2010: €119.4 million) - The group achieved organic growth of 10.8%...
Read more [+]20 March 2012 Bureau Veritas
With the acquisition of TH Hill, Bureau Veritas takes a leading role in quality assurance services for drilling systems
Bureau Veritas announces it has signed an agreement to acquire TH Hill, a worldwide leader in oil & gas drilling failure prevention and analysis services
Read more [+]16 March 2012 Van Gansewinkel Groep
Coolrec acquires German recycling company RDE GmbH
Read more [+]14 March 2012 Saint-Gobain
SUCCESSFUL LAUNCH OF A BOND OFFERING: EUR 750 million, 10 year maturity, annual coupon of 3.625%
This bond issue, which will be used to finance the general corporate purposes of the group, enables Saint-Gobain to both lengthen the average maturity of its debt and optimise its average cost of funding.
Read more [+]07 March 2012 Legrand
Proposed appointment of two new independent directors to the Board of Directors
The Legrand Board of Directors has decided, on the recommendation of the Nominating and Compensation Committee meeting on March 7, 2012, to submit to the General Meeting of shareholders to be held on May 25, 2012 a proposal for the appointment of two new independent directors, Ms Christel Bories and Ms Angeles Garcia-Poveda.
Read more [+]23 February 2012 Bureau Veritas
Bureau Veritas announces its 2011 full-year results
Full-year revenue: €3.4bn, +14.6% (organic growth of 6.2%) - Ajusted operating profit: €544m, +11.0% - Attributable adjusted net profit: €348m, +10.4% - Proposed dividend of €1.27 per share, +10.4%
Read more [+]23 February 2012 Legrand
Legrand continues to expand in digital infrastructures by acquiring Aegide in the Netherlands
Legrand announces the acquisition of Aegide, market leader in VDI (Voice, Data, Image) cabinets for data centers in the Netherlands and a front-running European contender in this market - Legrand thus strengthens its positions in the fast-growing digital infrastructure segment
Read more [+]23 February 2012 Bureau Veritas
Bureau Veritas announces two acquisitions strengthening its positions in two businesses: Commodities in Canada and Latin America and Construction in China
Bureau Veritas is pleased to announce two acquisitions in fast-growing market segments and geographies, totaling €66 million in annual revenue: AcmeLabs, the no. 3 player in upstream minerals testing in Canada & HuaXia, a Chinese leader in technical control and supervision in construction
Read more [+]16 February 2012 Saint-Gobain
Sharp rise in 2011 earnings
2011 dividend: €1.24, paid in cash - All 2011 objectives met - Roll-out of growth strategy continues apace
Read more [+]15 February 2012 exceet Group SE
exceet Group SE posts highest revenue in the history of the company. Group revenue increases by 42.7% to €170.4 million according to preliminary, unaudited figures
exceet Group SE, a leading supplier of integrated electronic products and solutions, has just completed the best year in its history - According to preliminary unaudited figures, Group revenue in the financial year 2011 grew by 42.7% to a total of €170.4 million (2010: €119.4 million)
Read more [+]14 February 2012 Bureau Veritas
Evolution of Bureau Veritas governance: Didier Michaud-Daniel is appointed Chief Executive Officer as of March 1, 2012
Following its meeting of February 13, 2012, the Board of Directors of Bureau Veritas, chaired by Frank Piedelièvre, is pleased to announce the appointment of Didier Michaud-Daniel as Chief Executive Officer of Bureau Veritas as of March 1, 2012.
Read more [+]13 February 2012 exceet Group SE
Scotland opts for exceet's Smart Cards: Contract for the delivery of up to 3 million Smart Cards - Use in countless areas of public life
exceet Card Group, part of exceet Group, has won the contract to supply Scotland's National Entitlement Card (NEC) scheme with up to three million smart cards - exceet Card Group, respectively their member Novacard, will be working with the Scottish public sector for the second time - The smart cards will simplify numerous public services for Scottish citizens including public transport, leisure, cashless catering, public libraries and door access
Read more [+]09 February 2012 Legrand
Legrand steps up expansion in India and in the UPS market by acquiring Numeric UPS
Legrand announces the acquisition of Numeric UPS, India's market leader in low-and medium-power UPS - The acquisition reinforces Legrand's positions in the new economies and in the fast-growing UPS market
Read more [+]09 February 2012 Legrand
2011 annual results: Performance in line with annual and medium-term targets & Successful sales initiatives and improved medium-term growth profile
Performance in line with annual and medium-term targets: - Total annual growth in sales excluding exchange-rate effects: 11.2%, of which 6.4% organic growth - Adjusted operating margin 20.2% - Net income excluding minorities of €479 million and dividend per share of €0.93, up 6% - Strong cash generation and sound balance sheet // Successful sales initiatives and improved medium-term growth profile - Very positive response to numerous new product launches - 35% of sales in new economies - Close to 22% of sales in fast-growing new market segments
Read more [+]13 January 2012 Legrand
Four new appointments to Legrand Executive Committee
At the suggestion of Gilles Schnepp, Legrand's Chairman and Chief Executive Officer, the Group's Executive Committee was expanded from 7 to 11 members effective January 1, 2012 : The new members are Antoine Burel, Group Vice President and Chief Financial Officer; Benoît Coquart, Group Vice President Strategy and Development; Xavier Couturier, Group Vice President Human Resources; and Fabrizio Fabrizi, Group Vice President Commercial Systems & Infrastructure Division
Read more [+]12 January 2012 Van Gansewinkel Groep
Van Gansewinkel Groep converts waste from Naples into energy
Read more [+]03 January 2012 Bureau Veritas
Bureau Veritas acquires Pockrandt GmbH in Germany
Bureau Veritas is pleased to announce the acquisition of Pockrandt GmbH, a company providing non-destructive testing (NDT) services to major power plant contractors and operators across Germany.
Read more [+]