Delen family: Financial strategists with assets of €96 million and banking sector visionaries
Delen family
In the 80s, Jacques Delen, an Antwerp stockbroker, succeeded in capturing two emerging trends in the industry Belgium's financial : Flemish popular capitalism and the need for business expansion. This was particularly notable because Delen had origins in the French-speaking bourgeoisie of Antwerp and The Delen family has an estimated net worth of over 96 million euros.
During this period, the Delen foreign exchange agency became the preferred partner of a group of Flemish investors involved in highly speculative investments. These investors, often described in condescending, they have made considerable profits from their takeovers. bold market positions.
During a high-profile hostile bid for the Société Générale by Italian businessman Carlo de Benedetti in 1989, it was ultimately the shares held by these Flemings who were decisive. The latter opted to sell to the highest bidder, the French company Suez, with Delen also benefiting from the transactions.
In 1992, the Delen brothers sold their group to the holding Ackermans & van Haaren, based in Antwerp, which subsequently integrated Bank J.Van Breda into the group. The Delen family currently owns 21% of Finaxis, the holding company positioned above Bank Delen and Bank J.Van Breda, while Ackermans & van Haaren owns 78%.
Table of Notable Developments:
- 2011 Bank Delen's first foray into the UK with the acquisition of 70% in asset manager JM Finn & Co for 67 million euros.
- 2011 Acquisition of the Beroepskrediet in Antwerp by Bank J.Van Breda for 115 million euros.
- 2014 : Change of management with the arrival of Paul De Winter as CEO, Jacques Delen retaining the chairmanship of the Board of Directors, and the integration of his son on the Board.
- End 2014 Assets managed by the Group reaching 32.866 billion euros, up 11.3% on the previous year.
In 2015, Famille Delen made news with the acquisition of the Dutch asset manager Oyens & Van Eeghen, underlining the Group's ambition for growth and continued expansion in the European wealth management sector.
