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The story
Founding and growth
In 1929 the company was created by the Peugeot family as a family investment company, the Société Foncière Financière et de Participations. From the outset, the company built on the legacy of the Peugeot brothers, who founded the Peugeot automobile manufacturer in 1810. The Peugeot family is one of the historic shareholders of Stellantis (and previously of PSA Group). Drawing on its industrial experience, the company has developed an investment activity in diversified assets, consisting mainly of direct minority holdings, private equity vehicles, co-investments and real estate.
In 1966 the family group companies were reorganised, with FFP becoming the main shareholder in Peugeot SA.
In 1989 the company was listed on the Nancy Stock Exchange. For several years, it remained focused on its stake in PSA Peugeot Citroën. By the early 2000s, it had only €200m of assets outside the automobile manufacturer.
In 2002 Robert Peugeot (1950–), great-grandson and namesake of the founder of the PSA Group, took over as head of the FFP family investment company and began an ambitious diversification strategy. Since then, it has diversified considerably under his leadership, leading the holding company to take long-term minority stakes in groups such as SEB, Taittinger, Lisi, Zodiac Aerospace and Sanef.
Restructuring as Peugeot Invest
In May 2020 Bertrand Finet was appointed managing director of Peugeot Invest, continuing the diversification strategy led by Robert Peugeot. In March 2023, FFP announced a change in its general management and the departure of Bertrand Finet. In September 2020, FFP and Établissements Peugeot Frères transferred all their shares in the PSA Group to their joint subsidiary "Maillot I", which in February 2021 became "Peugeot 1810", 76.5%-owned by the FFP and 23.5%-owned by Établissements Peugeot Frères. This subsidiary then owns 7.2% of Stellantis, which was created by the merger between PSA Group and Fiat Chrysler Automobiles in January 2021.
On 22 February 2021 FFP announced its name change to "Peugeot Invest". At 31 December 2021, 80% of Peugeot Invest's capital was held by the Peugeot family through Établissements Peugeot Frères, with 20% corresponding to free float. The net asset value was €5.9 billion. Today, the company is listed on Compartment A of Euronext Paris and remains 80% owned by family members, via Établissements Peugeot Frères.
In 2023 the company invested in the Anglo-French investment bank Rothschild & Co, and sold its stake in Groupe SEB the following year.
From Wikipedia’s article on Peugeot Invest, shared under CC BY-SA 4.0.5