Groep ARCO

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The Groep ARCO (French Groupe ARCO ) is a Belgian cooperative holding company . The holding head office is at Livingstonelaan 6 in Brussels / Belgium . She wants to make sustainable investments with a focus on economic, social, ecological and ethical aspects.

history

In 1935, the Christian Belgian trade union association Algemeen Christelijk Werknemersverbond (ACW) founded the Landelijk Verbond van Christelijke Coöperaties (LVCC) (Rural Association of Christian Cooperatives).

The LVCC became a shareholder in some Catholic organizations such as the Welvaart (welfare), consumer cooperatives , the Belgian Arbeiders Coöperatie Centrale Depositokas (BAC Bank) a cooperative bank and the Antwerpse Volksspaarkas . Later on, cooperative insurance companies such as De Volksverzekering and, from 1945, Verbondelijke Coöperatieve Vennootschappen were added. The LVCC was embedded in the ACW trade union federation. LVCC has also acquired stakes in publishing, printing and travel companies.

In 1990 there was an organizational reform in which the 28 associated cooperatives were reorganized and divided up. The LVCC becomes the Groep ARCO .

Groep ARCO has over 850,000 shareholders and equity of 1.7 billion euros. It has managed investment capital of 4.5 billion euros.

The Chairman of the Board of Directors is Jan Renders, President of the ACW Confederation of Belgian Trade Unions.

structure

ARCOPAR

ARCOPAR holds shares in other ARCO divisions (ARCOPLUS, ARCOFIN and AUXIPAR), in Dexia Bank and in other companies ( Elia , SPGE , Proximus , Telenet, GIMV ) with equity of around 1.7 billion euros .

ARCOPLUS

In 1983 Coplus was founded, which later became ARCOPLUS. ACROPLUS has equity of approx. 129.5 million euros. Private individuals and social organizations can acquire cooperative shares in ARCOPLUS for 123.95 euros per share. ARCOPLUS holds shares of 10.26 percent in ARCOFIN and 9.9 percent in AUXIPAR.

ARCOFIN

ARCOFIN invests in the financial sector. ARCOFIN holds 13.92 percent of the shares in the Dexia Group. In addition, it holds a share in VDK Spaarbank NV in the Gent - Eeklo region .

AUXIPAR

AUXIPAR was founded in 1974. It has equity of EUR 78 million. It mainly invests in real estate and utility services (EPC, Escapo, Lindeboom, VEH, SPGE, GIMV) and in real estate.

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