2010 Press Releases

02 December 2010

Wendel Investor Day "Investing in high-growth economies"

Net Asset Value at €85.7 at November 23, 2010, up 35.6% since August 25, 2010 and up 64.2% in one year - Increase in economic exposure of its Saint-Gobain shares from 81% to 87,4% resulting from a new sale of puts for €110M - Debt without margin calls reduced by €305M to €970M - High cash levels maintained at €1,944M

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16 November 2010

Wendel announces today the settlement and delivery for the selling of its stake in Stallergenes, as planned.

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15 November 2010

Wendel: third-quarter 2010 confirms first-half trend

Consolidated third-quarter sales: €1,463.3 million, +23.1% compared to third-quarter 2009, including +8.5% organic growth - Nine-month consolidated sales: €4,174.4 million, +14.5%, compared to the first nine months of 2009, including organic growth of +5.1% - All Group companies confirm their 2010 targets - Wendel has sold its 46% stake in Stallergenes after 17 years with the company, generating a capital gain of circa €300 million

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10 November 2010

Wendel sells its stake in Stallergenes to Ares Life Sciences

Wendel announces the signing through its subsidiary Oranje Nassau, of a share purchase agreement of its entire equity stake in Stallergenes (~46%) with Ares Life Sciences, an investment firm established by the Bertarelli family to invest in the healthcare industry, following the positive opinion of Stallergenes' Works Council.

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28 October 2010

Wendel gives exclusivity to Ares Life Sciences to acquire its stake in Stallergenes

Wendel received today a firm and irrevocable offer from Ares Life Sciences, an investment firm established by the Bertarelli family to invest in the healthcare industry, to acquire all of Wendel's equity interest in Stallergenes (46%). Wendel, through its subsidiary Oranje Nassau, and Ares Life Sciences have entered into an exclusivity period to finalise the transaction - The transaction price would be € 59 per share, meaning that Wendel's proceeds would amount to € 358.8 million. Wendel would generate a capital gain of around € 300 million and 35 times its investment.

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20 October 2010

Successful bond transaction involving the issue of €300 million (in nominal) to be consolidated and form a single serie with existing bonds due in May 2016

Wendel today announced a successful transaction involving the issue of €300 million bonds which will be consolidated, form a single series with the existing 4.875% bonds due 2016 - As a result, the outstanding principal amount of the bonds due 2016 increased to €700 million

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21 September 2010

Wendel reports a circa € 230 million capital gain from the sale of a 5.5% stake of Legrand's share capital

Kohlberg Kravis Roberts & Co. (together with its affiliates, "KKR") and Wendel announce the successful completion of the joint sale of 23.7 million shares of Legrand, representing 9% of Legrand's share capital, at a price of 23.95 euros per share

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21 September 2010

KKR and Wendel successfully complete the sale of a 9% stake in Legrand

Funds managed by Kohlberg Kravis Roberts & Co. (together with its affiliates, "KKR") and Wendel have successfully completed the joint sale of 23.7 million shares of Legrand at a price of 23.95 euros per share

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20 September 2010

Partial sale of Legrand's shares by its controlling shareholders

Kohlberg Kravis Roberts & Co. (together with its affiliates, "KKR") and Wendel announce that funds managed by them and their affiliates are intending to sell in the market a total of 23.7 million shares, representing approximately 9% of the share capital of Legrand as of August 31, 2010, by way of an accelerated book building to institutional investors

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13 September 2010

Press Release

Wendel acknowledges the ruling of the European Union Court of 13 September 2010 which appears to challenge a minor detail in a transaction that concerned Editis in the past - Wendel was not a party to the proceeding that led to a non-permanent ruling and reserves the option to assert its rights.

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01 September 2010

Wendel reports solid growth in H1 2010 income

Consolidated sales up +10.3% to €2,711 million - Strong growth in net income of business sectors (+256% to €220.3 million)- Outstanding performance of unlisted companies - Positive net income of €199.4 million - Net asset value up 19% compared to end of December 2009 at €63.2 per share

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04 June 2010

Wendel: 2010 Combined Shareholders' Meeting

Dominique Hériard Dubreuil and Guylaine Saucier are appointed as members of the Supervisory Board and Nicolas Celier is reappointed - Dividend: 1 euro per share

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04 June 2010

Wendel : Net asset value doubled compared with 31 December 2008 to €55 per share at 31 May 2010

Net asset value per share of €55 at 31 May 2010 - Ongoing management of protections related to the financing of Saint-Gobain stake

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06 May 2010

First-quarter 2010 sales: Wendel is recovering with first-quarter growth

Rebound in sales at unlisted companies - Sharp recovery in construction businesses in emerging markets - Consolidated first-quarter 2010 sales of €1,219 million - Organic growth of 2.7% including the contribution from Stahl over three months - Successful debt renegotiation at Deutsch and acquisition of 100% stake in its US retailer

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03 May 2010

Wendel becomes the Founding Sponsor of the Centre Pompidou-Metz

Through this agreement, Wendel will become the founding sponsor of the Centre Pompidou-Metz, which will open to the public on May 11. Wendel is committed to working alongside this new institution over the next five years, to contribute to its development and influence on the French and international cultural stage

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15 April 2010

2009 Reference Document Available

The 2009 Wendel Reference Document was filed with the French Financial Markets Authority (AMF) on April 13, 2010, under number D.10-0257

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30 March 2010

Wendel releases 2009 Results - Financial flexibility restored to prepare for the future

Consolidated sales: limited decline to €4,865 million (-3.4%)- Net income from business sectors: €153 million, reflecting the significant impact of the crisis on the Group's companies - Net loss of €-809 million affected by significant reductions in book values, as announced in H1 2009 - Stronger financial structure thanks to debt restructuring, extended and reduced - Solid cash position of €2,179 million at 31 December 2009, with available cash of €1,496 million (+63% compared with end 2008)- Net asset value doubled compared with 31 December 2008 to €56.9 per share at 23 March 2010 - Stable dividend of €1 per share, to be proposed to the next Shareholders' Meeting - Outlook 2010-2013: towards new investments

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24 March 2010

Clarification following information from KKR regarding Legrand

In respect of the Legrand shareholders agreement between them, Wendel has been advised by Kohlberg Kravis Roberts & Co. (" KKR ") of its affiliate's intention to conduct an operation of partial transfer of its shares in Legrand. Wendel decided not to join this operation

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01 March 2010

Wendel announces that it holds a 92% stake in STAHL and has completed a successful financial restructuring with unanimous lenders support

€ 60 million investment by Wendel - Wendel's stake in Stahl increased from 48% to 92% - Stahl's total debt reduced from € 350 million to € 195 million

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02 February 2010

Wendel announces the success of the initial public offering of Helikos

Wendel announces the success of the initial public offering of Helikos on the Frankfurt Stock Exchange, subscribed for 200 M€. This transaction is the largest on the Frankfurt Stock Exchange since mid-2008. Helikos' shares and warrants are expected to trading on February 4, 2010. Through this innovative project, Wendel restarts its investment policy by focusing on German Mittelstand companies with a strong development potential, in an economy well-oriented to take part in the worldwide recovery.

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12 January 2010

Wendel supports the launch of the initial public offering of Helikos, a "Special Purpose Acquisition Company" (SPAC) dedicated to the German market

Helikos is a company dedicated to investing in a non-listed company in Germany. Following its IPO, and based on the initial amount of the offer, Helikos will seek to invest € 250 million in a German Mittelstand company with an enterprise value of between € 300 million and € 1 billion

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