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Home > Company Index > Financial Services > Investment Firms > Ifil Finanziaria di Partecipazioni S.p.A.

Ifil Finanziaria di Partecipazioni S.p.A.
 PROFILE
Ifil keeps the Agnelli family in the driver's seat. The holding company is an investment vehicle for the wealthy Agnellis, best known as the driving force behind Fiat. (Ifil's 12% stake plus the 18% share of its sister holding company, Ifi Istituto Finanziario Industriale, give the Agnellis about 30% of the automaker.) The company also owns stakes in banking firm Sanpaolo IMI, resort owner Club Méditerranée (Club Med), paper maker and sugar processor Worms & Cie, travel company Alpitour, and department store chain Gruppo Rinascente. About 37% of Ifil's portfolio is based outside Italy. The company has also established a foothold in cyberspace with Ciaoweb, a Web site owned with Fiat. Ifi owns a majority of Ifil.

 COMPETITION
Investor AB (INVE)
Montedison S.p.A. (M0)
Pirelli S.p.A. (PIREY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 668.00
1-Yr. Sales Growth: 23.7%
Employees: 220,608
Revenue per employee: $3,028.00

 KEY PEOPLE
• Gabriele Galateri di Genola
    CEO
• Roberto Longo
    CFO

 CONTACT INFO
Corso Matteotti, 26
10121 Turin, Italy
Phone: 39-011-662-0333
Fax: 39-011-547-660
Online: Web Site

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