Overview
Employees
10,001+ employees
Revenue
$5 to $10 billion (USD) per year
Category
Investment Management
In existence since 1805, and across family generations, D’Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The group has currently three activities articulated around strong brands: - D'Ieteren Auto distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It is the country's number one car distributor, with a market share of around 21% and 1.2 million vehicles on the road. Sales and adjusted operating result reached respectively EUR 3.4 billion and EUR 113.0 million in 2018. - Belron (54.10% owned) has a clear purpose: “making a difference by solving people’s problems with real care”. It is the worldwide leader in vehicle glass repair and replacement and operates in 35 countries, through wholly owned businesses and franchises, with market leading brands – including Carglass®, Safelite® and Autoglass®. In addition, Belron manages vehicle glass and other insurance claims on behalf of insurance customers. It has also expanded its services into the automotive damage and home damage repair and replacement markets. Sales and adjusted operating result reached respectively EUR 3.8 billion and EUR 225.7 million in FY 2018. - Moleskine (100% owned) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across more than 115 countries. Sales and operating result reached respectively EUR 174.1 million and EUR 28.6 million in FY 2018. D'Ieteren has been through many iterations in the personal transportation business. The company was founded two centuries ago as a coachbuilder; these days, it's the largest car distributor in Belgium, the 60% owner of car rental firm Avis Europe, and -- through subsidiary Belron -- one of the world's largest players in vehicle glass replacement. D'Ieteren's domestic vehicle distribution business deals Audi, Bentley, Lamborghini, Porsche, Seat, Skoda, and Volkswagen cars, as well as Yamaha motorcycles. Belron operates in Australia, Europe, North and South America, and New Zealand under the CARGLASS and AUTOGLASS brands, among others. The firm has been managed by six generations of the founding D'Ieteren family.
