D'Ieteren n : BARON ROLAND D'IETEREN HAS PASSED AWAY - Honorary chairman
December 11, 2020 at 06:39 am EST
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Friday 11 December 2020
BARON ROLAND D'IETEREN HAS PASSED AWAY
Honorary chairman
It is with great sadness that the D'Ieteren Group and its Board of Directors announce that their Honorary Chairman, Baron Roland D'Ieteren, has passed away at the age of 78.
A graduate of Solvay business school and an INSEAD alumnus, Roland D'Ieteren began his career at Volkswagen in Mexico before joining the management of the family company in 1973. For decades he devotes himself to pursuing the work of five generations, first as Chairman and Chief Executive Officer, and later as Chairman of the Board. Roland D'Ieteren relentlessly fosters entrepreneurship, initiates the development of new business areas and works on the Group's international expansion. His employees and friends testify to his extraordinary team spirit and admire the family values which he naturally embodies in daily life.
Since handing over the reins in 2017 to the following generation, Roland D'Ieteren has remained a caring presence within the Group. Discreet and generous by nature, he devoted most of his time to his passion for the automotive world and to his family and friends.
Nicolas D'Ieteren, Chairman of the Board of Directors and son of the deceased testifies: "La Maison D'Ieteren is in mourning. It has lost its patriarch. He devoted his entire life and all his energy to the family business. A highly enthusiastic man and an extraordinary father has just left us. He will be sorely missed."
All his employees pay him the tribute he deserves.
Rue du Mail 50 - 1050 Brussels (Belgium) Ɩ tel.: +32 2 536 54 39 Ɩ fax: +32 2 536 91 39
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D'Ieteren NV published this content on 11 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 December 2020 11:38:08 UTC
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration;
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services;
- PHE (100% in economic rights - see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain;
- TVH (40% owned - equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment;
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform;
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.