Group Profile

EXOR is one of Europe’s leading investment companies and is controlled by Giovanni Agnelli e C. S.a.p.az., which holds 51.16% of share capital and, specifically, 59.10% of ordinary capital, 39.24% of preferred capital and 12.36% of savings capital.
Listed on the Italian Stock Exchange, EXOR has a Net Asset Value of more than €6 billion at December 31, 2011. The Company is headquartered in Turin, Italy, Via Nizza 250.
EXOR invests for the long-term, mainly in Europe, in the United States and in the main emerging markets.
EXOR’s objective is to increase its Net Asset Value and outperform the Morgan Stanley Capital World Index (MSCI) in Euro.

 The following are its main investments:

Fiat Industrial

Fiat Industrial

Fiat Industrial 30.45% of ordinary share capital, 30.09% of preferred share capital and 21.69% of savings share capital and with Fiat also holding 3.1% of ordinary share capital) is listed on the Electronic Share Market (Mercato Telematico Azionario) of the Italian Stock Exchange (Blue Chip segment) managed by Borsa Italiana. Created in January 2011 from the demerger from Fiat, Fiat Industrial operates through businesses that are all major international players in the sectors of trucks, commercial vehicles, buses, special vehicles (with Iveco), tractors, agricultural and construction equipment (with CNH – Case New Holland), in addition to engines and transmissions for those vehicles and engines for marine applications (FPT Industrial).

SGS

SGS

SGS (15.00% of share capital) is a Swiss company listed on the Virt-x market. Founded in 1878, the company is today the global leader in verification, inspection, control and certification activities with more than 70,000 employees and a network of more than 1,350 offices and laboratories throughout the world.

Fiat

Fiat

Fiat (30.47% of ordinary share capital, 30.09% of preferred share capital and 23.59% of savings share capital) is listed on the Electronic Share Market of the Italian Stock Exchange (Blue Chip segment) managed by Borsa Italiana. Founded in 1899, the Fiat Group today is an international group with a clear focus in the automobile sector that designs, produces and sells cars for the mass market under the Fiat, Lancia, Alfa Romeo, Abarth, Fiat Professional brands and luxury cars under the Ferrari and Maserati brands. Its portfolio has recently been expanded to include the Jeep, Chrysler, Dodge and Ram brands, with models produced in North America now being distributed in Europe through the new Lancia-Chrysler and Jeep sales networks, which together count more than 1,000 dealers. Fiat is also active in the components sector through Magneti Marelli, Teksid and Fiat Powertrain Technologies and the production systems sector, through Comau.

C&W Group

C&W Group

C&W Group (69.48% of share capital) is the largest privately held company for real estate services. C&W Group has its headquarters in New York, where it was founded in 1917, and has 243 offices and about 14,000 employees in 60 countries.

Almacantar

Almacantar

Almacantar (36.29% of share capital) is a company active in the real estate sector which realizes commercial investment and development opportunities, mainly in the offices market in London.

Gruppo Banca Leonardo

Banca Leonardo

Gruppo Banca Leonardo (17.40% of share capital) is a privately held and independent international investment bank offering a complete range of services in investment banking, wealth management and other areas linked to financial markets.

Juventus Football Club

Juventus Football Club

Juventus Football Club 63.77% of share capital) is listed on the Electronic Share Market of the Italian Stock Exchange. Founded in 1897, it is one of the most prominent professional football teams in the world.

Sequana

Sequana

Sequana (28.24% of share capital) is a French diversified paper group, listed on the NYSE Euronext market, with production and distribution activities operating through:

  • Arjowiggins (100% holding), the world leader in the production of high value-added paper products, on 4 continents with over 5,200 employees and 25 production facilities;
  • Antalis (100% holding), the leading European group in the distribution of paper products and packaging, with over 6,000 employees in 45 countries.

Perella Weinberg Partners

Perella Weinberg Partners

Perella Weinberg Partners (2.00% interest in the limited partnership NoCo A) is an independent company that offers financial advisory and asset management services in the United States and Europe.

Banijay Holding

Banijay

Banijay Holding (17.09% of share capital) is headquartered in Paris. The company is a new player in TV production through a network of companies specialized in the production and distribution of multimedia content.

The Economist Newspaper

The Economist Newspaper

The Economist Newspaper (4.72% of share capital) is a company with its center of operations in London and head of the editorial group that publishes The Economist, a weekly magazine that with a global circulation of more than one million copies represents one of the most important sources of analysis in the international business world.

Alpitour

Alpitour

Alpitour (*)

(100% of share capital) is the largest integrated Italian tourism group. It operates with about 3,000 employees and has 3.1 million customers across all areas of the tourism business: Tour Operating (Alpitour, Francorosso, Villaggi Bravo, Viaggidea, Karambola, Volando, Jeans and Welltour), Hotels (Alpitour World Hotels & Resorts), Incoming (Jumbo Tours), Aviation (Neos), Distribution (Welcome Travel Group, with a 50% stake and Bravo Net – HP vacanze).

 

(*)  As described in “Significant events in 2011” and “Significant events in the first quarter of 2012”, contracts were signed for the sale of the investments in Alpitour and in Vision Investment Management, subject to conditions precedent which will occur in the first half of 2012.

Vision Investment Management

Vision Investment Management

Vision Investment Management (*)

(approximately 42.50% of capital post-conversion), founded in 2000, is one of the most important hedge fund managers specialized in Asian markets.

 

 (*)  As described in “Significant events in 2011” and “Significant events in the first quarter of 2012”, contracts were signed for the sale of the investments in Alpitour and in Vision Investment Management, subject to conditions precedent which will occur in the first half of 2012.

Chart of holdings

The following chart is updated to the end of March 2012 and presents the major sectors of business in which the Group has investments. Percentage holdings refer to ordinary share capital.

Partecipazioni

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(a)    EXOR also holds 30.09% of preferred share capital and 23.59% of savings share capital.

(b)    EXOR also holds 30.09% of preferred share capital and 21.69% of savings share capital. Fiat also holds 3.1% of ordinary share capital.

(c)    Post-conversion of convertible bonds.

(d)    Percentage interest held in the limited partnership NoCo A LP.

(e)    Interest equal to 78.31

Commercial Register No.64236277 Legal notes | Credits