3 century Vendel used to be essentially the most robust metal barons in France. This circle of relatives embodies, past the alleged regulation of 3 generations – “first creates, the second develops, the third ruin” -, the quintessence of the luck of circle of relatives capitalism. What continuity are we able to give them from 1704? One is indisputably, 1,300 offspring in 2025. It stocks 1.5 billion euros.
Vendel returned its historical past at 1704, and the procurement of Jean-Martin Vendela (1665-1737) of the Municipality of Haiange-A-and Related Seigneuri, which allowed his forgiveness. Due to this fact, after Saint-Gobain, some of the oldest primary French corporations.
Even rereans, the corporate continues to keep watch over the founding circle of relatives, held, via their portfolio corporations Vendel-participation, 39.6% of capital. With 1.5 billion euros, it’s French French skilled wealth.
If not provide within the Vendela operations Directorate, the circle of relatives continues to carry, in conjunction with two representatives of workers and 4 impartial directors, part of the seats on the Supervisory Board. The latter chairs a consultant of the 10th era of descendants Jean-Martin, Nicolas Ver Hulst; One of the most contributors is even Humbert from Vendel.
In “Survival of Family Dynasty without Steel Industry: Vendel (1977-2017)” (within the Trade of Mediterranean), revealed the most recent era historical past, Whole the historical past of Jacques Marseille, Vendel, 1704-2004 Perrin, 2004), on first.
Metal circle of relatives
The Vendel Crew went out in 1978. years since its conventional process, Lorraine Alert Trade. The state took keep watch over, via public banks, its primary belongings, satilor, formal nationalization most effective via intervening after the arriving of the left in energy in 1982. years.
Diversification, which society brings till 1977, is in fact a large number of older.
8. Maja 1704. yr, Jean-Martin Vendel, a former Louis XIV officer, purchased a small quantity in deficient situation, Rodolphe, in Hayange, in Lorraine, who were given neatly with different acquisitions. The Charles Son (1708-1784) evolved a case, nonetheless modestly, inherited from Father with 5 so much in Lorraine and doubles commercial belongings. Grandson Francois-Ignace (1741-1795) is an important team, which built-in Fusion of the Foundry Creusot (Saone and Loire), and the Atlanticue (Atlanticua), the cave mines or even the royal crystals of Sevres (as of late in Hauts-de-Sein).
The web site opens with Marguerite de Vendel, the nickname is a “iron lady”, from 1718. To 1802, which crosses crises due to the nature soaked as metal.
Franco-German Wars
The Vendel circle of relatives symbolizes Franco-Pusian, then German Wars of 1870, 1914-1918 and 1939-1945.
1834. It used to be 9. French corporate via its manufacturing. 1870. She was the primary. The army defeat is split between French and German Loire, however the Vendel circle of relatives keeps keep watch over, with other societies, in either side. Maximum households stay French, however Henry (1844-1906), remained in Annex Haiange, was Deputy from Thionville to Reichstag. Actions are a lot evolved in France Lorrain, at the facet of JœFA, however the circle of relatives employs, forward of a giant struggle, 20,000 folks in Germany Loriin, who feeds fees of nationwide problems.
Francois The publish (1874-1949). VikimediaCommons
Any other Francois de Vendel (1874-1949), which was the pinnacle of the circle of relatives and selected the deputy for Meorth-et-Moselle in 1914. years, the steadiness used to be renovated. He was the President of the Energy Committee of Kopač in 1918. and secured the reconstruction of Celine after the go back of Moselle to France. 1929. The Vendel’s area hired 40,000 folks. It used to be on the head of the French corporate in step with capital 1932. years. International Battle II used to be a brand new take a look at, however disadvantaged of the Germans of keep watch over of his Loric affairs, the circle of relatives avoids fees of cooperation.
Investments and participation
Vendel assists in keeping participation in metallurgical corporations downstream from metal manufacturing. Branches: J. J. CARNAUD and BASSE-INDRE MANAGEMENT, MANUFACTURERS IN THE REGION NANTES, CREUSOT-LOIRE, BGGUNDIA, MUNICIPALITY OF GUEUGNON, MANUFACTURER OF STONDERING LISTS, AND, IN DAUPHINE, Spreads, Particular metal producers for springs or magnets.
The 8th era gathers these types of participation within the Common Corporate Trade and Participation (CGIP) that remained a ways from nationalization. Everybody used to be bought, ultimate with Alevard in 2005. years. CGIP, once more Vendel in 2002. years, not found in metallurgy. Like every funding corporate, even though supposed for “long-term investors”, they aren’t – Consolidated minority participation. This doesn’t seem within the rating of enormous French corporations, however tougher economically.
There’s no commercial synergy
Vendel circle of relatives offers with nice IT products and services with CAP Gemini (1982-2005), Pharmacy with Biomerieuk (1989-2004), Legrand (2002-2013), Version (2004-2008) or fabrics with EDITIS (2004-2013) (2004-2019). She knew some dangerous such things as Autrile Aumoli Liberta (2000-2001) submitted for chapter.
There’s no common sense of specialization or commercial synergies. These days, relatively with “private funds management,” the “Pure Account” of 8 Minority: Bureau Veritas, “Since 1995.” Tarkett “in the Special Area” from 2021. years, “Tarkett”, “,” Tarkett “,”, “,” Tarkett “,”, “Tarkett”, “,” Tarkett “,”, “Tarkett”, “World Leader in Special School”, “World Groups of Bilingual Schools” from 2021, “from 2021. years,” International Chief within the Inspection and Inspection Certification “. Preschool school in high school” from 2024. years.
Ernest-Antoine Selliere de Laborde
Ernest-Antoine Seillier Est, from 1998. till 2005. President of the primary group of French employers, the Nationwide Council of Employers of France (CNPF), which was below the supervision of French corporations (Medef). VikimediaCommons
The shareholders of the Vendel circle of relatives are family members within the 5th or 6th level. Associated with financial and memorial pastime, they make a decision to keep team spirit, below the management of one in every of them, Ernest-Antoine Seillier de Laborde. This Erokue has left the Management of Kuai D’orsai 1978. To sign up for the CGIp.
He was the Director Common in 1987. years and renamed to Vendel 2002. years. Within the intervening time, he took over the Presidency of the Nationwide Council of French Employers (CNPF), which reworked into the motion of French corporations (Medef). The rest Vendel’s non-counterpart president via 2013., confronted the disaster within the circle of relatives. Successive lawsuits for abuse of company items and tax fraud post, towards the Meeting, which allowed it, with different executives, to obtain vital quantities of unfastened movements. If the primary grievance is assessed with out tracking, the opposite results in 2022. yr on his trust, towards which he didn’t bitch, for 3 years in jail suspended.
French Gotha
The circle of relatives didn’t lose team spirit. The dissent remained remoted, and the opposite heirs thought to be that the entire endured, regardless of the failure at the inventory trade, to be value greater than the sum of the events.
If we’re not counted, throughout the recreation of ladies’s descendants, two sons Henry (1913-1982) and their kids, elevate the title of Vendel, the Vendel circle of relatives was, throughout the recreation of more than one alliances over generations, abnormal Goth. There are lots of different nice farms of aristocracy like Rohan-Chabot, Cosse-Brissac or Burbon-Busset or trade bourgeoisie like Schneider or Peugeot.
Lately, Vendel motion used to be now not only a excellent factor on your shareholders. After falling, like every different values, after the disaster in 2008. yr, the identify resisted to succeed in a most of 151 euros in 2018. years. Since then, it has lengthy since fallen to stagnate about 90 euros. This decline reimbursed the rise in the once a year dividend, which the corporate has all the time paid, introduced in 2025. to 4.7 euros, which maintains excellent profitability of about 5%. Circle of relatives shareholders, who inherited their titles, may just contact those dividends.
Vendel Motion Route from 20. November 1992 Google Finance
Who’re those descendants as of late? At 10. or 11. era, they’d be 1,300 to percentage this belongings for 1.5 billion. This represents 1.2 million euros in keeping with descendant on moderate, which will, according to demographics of various branches, hiding vital variations.
