Groupe Bruxelles Lambert
Groupe Bruxelles Lambert (GBL) is a Belgian holding company invested in multiple industries. It invests in both listed and private companies. Directed by Ian Gallienne, GBL had a net asset value of €22.5 billion and a market capitalisation of €15.3 billion at the end of September 2021.
| Company type | Naamloze vennootschap / Société anonyme |
|---|---|
| Euronext Brussels: GBLB
BEL 20 component | |
| Industry | Holding Company |
| Founded | January 4, 1902 |
| Headquarters | Brussels, Belgium |
Key people | Paul Desmarais Jr., Chairman, Ian Gallienne, CEO |
| Products | Listed, private and alternative investments |
| Revenue | €6.961 billion (fiscal year ended December 31, 2021) |
| €0.523 billion (fiscal year ended December 31, 2021) | |
| €0.434 billion (fiscal year ended December 31, 2021) | |
| Total assets | €34.297 billion (fiscal year ended December 31, 2021) |
| Total equity | €21.788 billion (fiscal year ended December 31, 2021) |
| Website | www |
GBL is controlled by Pargesa S.A., a Swiss entity which holds 29.13% of the outstanding shares and 44.23% of the voting rights. Pargesa S.A. itself is held jointly by the Power Corporation of Canada (Canada) and Frère (Belgium) groups, providing GBL with a stable and solid shareholder base. Since 1990, the two groups have been bound by a shareholders' agreement. This agreement, which was extended in December 2012 until 2029, includes an extension possibility.