WENDEL Wendel is in the new Euronext® Family Business index
Euronext has launched the first European index dedicated to family enterprises, Euronext® Family Business. The index aims to highlight the performance of 90 family-owned companies listed in the four countries covered by Euronext: Netherlands, Belgium, Portugal and France. Wendel SE has a weighting of 1.67% in the index, owing to its presence in Segment A.
Wendel is pleased that this new index has been created. The index will increase the visibility of listed family businesses, demonstrating the validity and importance of their business model and their attractiveness to investors.
Wendel remains very attached to this business model and is a product of it. Wendel has always supported family entrepreneurship, through its strategy to invest in this type of company and via its long-term partnership with INSEAD, initiated more than 20 years ago. This partnership led to the creation of the Wendel International Center for Family Enterprise. Now a worldwide center of excellence for analysis and research on family-owned businesses, the Wendel International Center for Family Enterprise is an international platform fostering the exchange of ideas so as to best support family businesses and the individuals and entities fundamentally linked to them.
For further information, please visit:
https://www.euronext.com/fr/actualite/euronext-lance-euronext-family-business-le-premier-indice-europeen-dedie-aux-entreprises-familiales >
https://centres.insead.edu/family-enterprise/ >
About Wendel
Wendel is one of Europe's leading listed investment firms. The Group invests internationally, in companies that are leaders in their field, such as Bureau Veritas, Saint-Gobain, Cromology, Stahl, IHS, Constantia Flexibles and Allied Universal. Wendel plays an active role as industry shareholder in these companies. It implements long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions. Through Oranje-Nassau Développement, which brings together opportunities for investment in growth, diversification and innovation, Wendel is also a shareholder of exceet in Germany, Mecatherm in France, Nippon Oil Pump in Japan, Saham Group, SGI Africa and Tsebo in Africa and CSP Technologies in the United States.
Wendel is listed on Eurolist by Euronext Paris.
Standard & Poor's ratings: Long-term: BBB-, stable outlook - Short-term: A-3 since July 7, 2014. Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of "Grand Mécène de la Culture" in 2012.
For more information: www.wendelgroup.com
Follow us on Twitter @WendelGroup and @_FLemoine_
Press contacts Analyst and investor contacts
Christine Anglade-Pirzadeh: +33 (0)1 42 85 63 24 Olivier Allot: +33 (0)1 42 85 63 73
c.angladepirzadeh@wendelgroup.com o.allot@wendelgroup.com
Caroline Decaux: +33 (0)1 42 85 91 27 Elisa Muntean: +33 (0)1 42 85 63 67
c.decaux@wendelgroup.com e.muntean@wendelgroup.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: WENDEL via Globenewswire
