Groupe Frère-Bourgeois is a holding company with controlling interests in several other holding companies that touch on industries such as oil and gas, manufacturing and vineyards. Founded in 1947 by Belgian industrialist Albert Frère, Frère-Bourgeois maintains its headquarters in Loverval, Belgium. In 2018, the Frère-Bourgeois Holding Company was reported to have net assets of €5.5 billion. One of the primary pillars of Frère-Bourgeois is Compagnie Nationale à Portefeuille (‘CNP’), which is a holding company in itself with net assets of approximately €2 billion. Amongst the business entities falling under the CNP umbrella are APG|SGA, a Swiss-based advertising and media company, Caffitaly System, a home coffee-brewing product, and AOT energy. The other major pillar for Frère-Bourgeois is Groupe Bruxelles Lambert (GBL), which they co-own alongside Power Corporation. Albert Frère’s partnership with the Desmarais family has proven to be a very successful business pairing. In 1981, the two patriarchs combined to acquire a controlling interest in the Swiss company Pargesa Holding, which eventually led to its controlling position in GBL. Through its interests in GBL, the Frère-Bourgeois Holding Company has ownership stakes in such marquee companies as Adidas, Pernod Ricard and cement-maker Lafarge Holcim.

 

  • Family name: Frere family
  • Sector: Banking & Capital Markets
  • Founded: 1947
  • Founder: Albert Frère
  • Country: Belgium
  • Company headquarters: Loverval, Belgium
  • Revenue: 8.2
  • Employees: 589

Connections

Also on Tharawat