Bank Degroof
In 2008, Bank Degroof and Aforge Finance entered into an industrial and financial partnership following which Degroof became a shareholder of reference in Aforge Finance alongside the founding partners. This alliance, focused as it is on development and growth, is aimed at the achievement of two strategic objectives:
- Emergence of a powerful European platform to assist clients in their international projects and goals in both Corporate Finance and Private Management.
- A stronger service offering to include access to the entire range of banking solutions.
Bank Degroof is Belgium’s leading independent private and merchant bank and it also has a major presence in Luxembourg, achieving acknowledged high performance in its chosen areas: asset management for private and institutional clients, financial markets, corporate finance activities, loans and structured finance, real estate business, financial analysis and the setting up and administration of investment funds.
The subsidiary Degroof Corporate Finance enjoys a leading position in the Belgian market, conducting mergers & acquisitions operations involving both listed and unlisted companies, market flotations, bond issues, take-over bids, fairness opinion issuance, etc.
Founded in 1871, today Degroof employs over a thousand staff and is present in Belgium, Luxembourg, France, Switzerland and Spain. In 2009, it could point to €22.9 billion in assets under its management and €250 million in net banking income.
Like Aforge Finance, Bank Degroof is controlled by its managers and founding families.
To find out more, go to the Group website.
