Wendel
Wendel is a company with a 320-year history that has been investing for nearly 50 years, focusing on sectors such as telecommunications, flooring, and digital transformation. It owns approximately 19% of IHS Towers and emphasizes ESG initiatives and long-term sustainable investments.
Company History
Wendel has a rich history spanning 320 years. Over the last 50 years, Wendel has been actively involved in investments, making a name for itself in the private equity sector. This long-standing history of investment places Wendel among the pioneers in private equity, contributing to various industries and sectors globally. The company has leveraged its extensive experience to evolve and adapt to changing market conditions, establishing a reputation for sustainable long-term investments.
IHS Towers Investment
Wendel owns approximately 19% of IHS Towers and has invested $830 million in the company since 2013. IHS Towers operates 40,075 towers across 11 countries and is the largest independent multinational tower company that focuses on emerging markets. In 2023, IHS Towers generated $2,125.5 million in revenue, with Nigeria being its largest market, accounting for 65% of the revenue. This investment aligns with Wendel's strategy of supporting industry leaders in specific sectors and regions.
Diverse Investment Portfolio
Wendel's portfolio includes a range of companies from different sectors. Significant holdings include Bureau Veritas, Tarkett, ACAMS, Crisis Prevention Institute, Scalian, and Stahl. The company's investments cover various industries such as telecommunications, flooring, anti-money laundering training, and digital transformation. Wendel's approach ensures that its portfolio companies are leaders in their respective sectors and prioritize innovation and growth.
ESG Initiatives
Wendel places a strong emphasis on Environmental, Social, and Governance (ESG) initiatives. The company has a responsible investment policy and an exclusion policy for certain investments. Wendel's ESG strategy includes focusing on operational eco-efficiency and addressing climate change. Additionally, Wendel supports cultural initiatives, such as the Centre Pompidou-Metz, through its endowment fund, Wendel Cares. These initiatives highlight Wendel's commitment to sustainability and social responsibility.
Investment Strategy
Wendel's investment strategy is centered around long-term support and creating sustainable leaders. The company aims to invest in industry leaders and support them in achieving growth and innovation. Wendel's investments span various regions, including Africa, Latin America, and the Middle East. By focusing on long-term relationships and sustainable practices, Wendel ensures that its portfolio companies can thrive and maintain their leadership positions in their respective markets.