Group Profile

On December 11, 2016 became effective the cross-border merger of EXOR S.p.A with and into EXOR Holding N.V., a wholly owned company formed under Dutch law having its legal office in Amsterdam, the Netherlands which is renamed EXOR N.V. EXOR N.V. (EXOR) is the new holding company of EXOR Group, controlled by Giovanni Agnelli B.V. (formerly Giovanni Agnelli e C. S.a.p.az.) which holds 52.99% of its share capital. In fact the previous parent company of EXOR also completed a cross-border merger process in which Giovanni Agnelli merged with and into Giovanni Agnelli B.V., a wholly owned private limited liability company under Dutch law having its legal office in Amsterdam.

The last day on which the EXOR S.p.A. shaes were traded on the Mercato Telematico Azionario organized and managed by Borsa Italiana S.p.A. (“MTA”) was December 09, 2016, while EXOR N.V. ordinary shares were admitted to listing to MTA on December 12, 2016.

EXOR which at December 31, 2016 had a Net Asset Value (NAV) about almost $15 billion (equal to approximately €14 billion) concentrates its investments in global businesses, mainly in Europe and the United States, taking a long-term view. Accordingly investment decisions are not speculative in nature but are based on in-depth analysis of the investment objectives, on expertise and know-how developed in specific sectors, on the investment’s potential contribution to geographic and sector diversification of the portfolio or to future cash flows and on EXOR’s ability, in the medium term, to influence governance. EXOR’s objective is to increase its Net Asset Value per share and outperform in the long term the MSCl World Index in U.S. dollars.

EXOR does not have a specific policy regulating its investments and disposals. EXOR’s investment decisions are formulated on the basis of in-depth analysis, of expertise developed in specific sectors and of the investment’s potential contribution to geographic and sector diversification of the portfolio or to future cash flows.

The EXOR Group’s investments are the following:

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Percentages updated on the basis of the latest available information.

(a)   Calculated on common stock.
(b)   EXOR holds 42,60% of voting rights on issued capital.
(c)   EXOR holds 39.94% of voting rights on issued capital.
(d)   EXOR holds 32.75% of voting rights on issued capital.
(e)   Voting rights are limited to 20%. 

 

PartnerRe

PartnerRe

PartnerRe (100% of common stock) is a leading global reinsurer with headquarters in Pembroke (Bermuda). PartnerRe commenced operations in 1993 and provides reinsurance and certain specialty insurance lines on a worldwide basis through its subsidiaries and branches serving more than 2000 customers in its Non-life and Life and Health segments. PartnerRe has a global platform of 20 offices in more than 150 countries. The company’s 11 principal offices are located in Hamilton (Bermuda), Dublin, Greenwich (Connecticut, USA), Paris, Singapore and Zurich. Risks reinsured include, but are not limited to, property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, mortality, longevity and accident and health, and alternative risk products.

Fiat Chrysler Automobiles

FCA

Fiat Chrysler Automobiles (FCA) (29.41% stake) is listed on the New York Stock Exchange (NYSE) and the Mercato Telematico Azionario managed by Borsa Italiana (MTA) and is included in the FTSE MIB Index. FCA, the seventh-largest automaker in the world, designs, engineers, manufactures, distributes and sells passenger cars, light commercial vehicles, components and production systems worldwide. The Group’s automotive brands are: Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram and Maserati in addition to the SRT performance vehicle designation. FCA’s businesses also include Comau (production systems), Magneti Marelli (components), Teksid (iron and castings) and Mopar, the after-sales services and parts brand. FCA is engaged in industrial activities in the automotive sector through companies located in 40 countries and has commercial relationships with customers in more than 140 countries. At December 31, 2016 FCA had 162 manufacturing facilities and 234,499 employees throughout the world.

FCA’s operations relating to mass market brands (passenger cars, light commercial vehicles and related parts and services) are run on a regional basis and attributed to four regions representing four geographical areas: NAFTA (U.S., Canada and Mexico), LATAM (South and Central America, excluding Mexico), APAC (Asia and Pacific countries) and EMEA (Europe, Russia, Middle East and Africa).

CNH Industrial

CNH

CNH Industrial (26.92% stake) is listed on the New York Stock Exchange (NYSE) and the Mercato Telematico Azionario managed by Borsa Italiana (MTA) and is included in the FTSE MIB Index. CNH Industrial’s goal is the strategic development of its business. The large industrial base, a wide range of products and its worldwide geographical presence make CNH Industrial a global leader in the capital goods segment. Through its brands, the company designs, produces and sells trucks, commercial vehicles, buses and specialty vehicles (Iveco), agricultural and construction equipment (the families of Case and New Holland brands), as well as engines and transmissions for those vehicles and engines for marine applications (FPT Industrial). Each of the Group’s brands is a prominent international player in the respective industrial segment.

At December 31, 2016 CNH Industrial was present in approximately 180 countries giving it a unique competitive position across its 64 manufacturing plants, 49 research and development centers and more than 62,000 employees.

Ferrari N.V.

Ferrari Logo

Ferrari N.V. (22.91% stake) began operations on January 3, 2016 following the completion of a series of transactions to separate Ferrari from the FCA Group. Ferrari is listed on the New York Stock Exchange (NYSE) and the Mercato Telematico Azionario managed by Borsa Italiana (MTA) and is included in the FTSE MIB Index. The Ferrari brand is a symbol of excellence and exclusivity and the cars that carry this brand name are unique for performance, innovation, technologies, driving pleasure and design, a car that is the most authoritative example of “made in Italy” the world over.

Ferrari is present in more than 62 markets worldwide through a network of 180 authorized dealers with 8,014 cars sold at December 31, 2016.

The Economist Group

The economist

The Economist Group (43.40% after completion of the buyback) is a company headquartered 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 annual copies represents one of the most important sources of analysis in the international business world.

Juventus Football Club

Juventus

Juventus Football Club (63.77% of share capital) is listed on the Mercato Telematico Azionario managed by Borsa Italiana (MTA). Founded in 1897, it is one of the most prominent professional football teams in the world.

Commercial Register No.64236277 Legal notes | Credits