Family-owned investment firm that finances internationally in industrial and services companies, including paint manufacturers, waste collection, building materials, insurance and telecommunications. Headquartered in Paris, France, Wendel was founded in 1704 by Jean-Martin de Wendel.
The company began with the purchase of metal forges in France and became one of Europe’s leading steel producers in the 19th century. After France nationalised steel production in the 1970s, Wendel diversified its operations through investments in technology, services and healthcare. In 2002, Marine-Wendel and CGIP, the company’s financial segment, merged to form Wendel Investissement, which was then renamed Wendel in 2007. Wendel SA maintains over $9 billion in assets and has invested in companies, such as the IT services firm, Capgemini, the biotech company, Stallergènes, and the connections manufacturer, Deutsch.
- Family name: Wendel family
- Sector: Wealth & Asset Management
- Founded: 1704
- Founder: Jean-Martin de Wendel
- Country: France
- Company headquarters:
- Revenue: 8.5
- Employees: 146,915
- Website: wendelgroup.com
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