- CEO
- John Jacob Philip Elkann
- Full Time Employees
- 23
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- Gustav Mahlerplein 25 Amsterdam Netherlands 1082 MS
- IPO Date
- Jan 17, 2017
- Business
- Exor N.V. is a diversified holding company engaged in long-term investments primarily in the automotive, luxury goods, healthcare, technology, media, and industrial sectors. Founded in 1927 and headquartered in Amsterdam, Netherlands, Exor manages a global portfolio through controlling or significant stakes in companies including Ferrari, Stellantis, CNH Industrial, Iveco Group, Juventus Football Club, GEDI Gruppo Editoriale, and Philips. Its core products and services span designing, engineering, producing, and selling luxury sports cars under Ferrari; manufacturing and distributing automotive vehicles and mobility solutions across brands such as Abarth, Alfa Romeo, Chrysler, Jeep, Maserati, Opel, Peugeot, and Ram under Stellantis; offering agricultural and construction equipment through CNH Industrial; providing heavy-duty and medium-duty trucks, buses, coaches, and defense equipment via Iveco Group; managing media and publishing assets including newspapers, magazines, and digital advertising through GEDI; and delivering healthcare technology, including diagnostic imaging and personal health equipment, primarily through Philips. The company also operates a professional football club and has interests in data analytics, clean energy solutions, and real estate platforms.
Recent major changes include in 2023 forming a strategic partnership with Impala to create TagHolding, which operates in renewables and energy storage, reflecting an expansion into clean energy. In the same year, Exor acquired a 15% stake in Philips with potential to increase to 20%, marking a significant move into healthcare technology and services. In early 2024, Exor increased its shareholding in Clarivate, a global provider of data, analytics, and technology services, to 10.1%, with rights to increase to 17.5%, signaling greater emphasis on data and analytics. Additionally, Exor, through its subsidiary NUO, acquired a 30% stake in Osit Impresa SpA, owner of the Italian women's fashion brand Subdued, reflecting diversification into fashion retail. Exor also announced the sale of its Defense business to Leonardo and entered an agreement for Tata Motors to acquire its commercial vehicles group excluding defense. The company launched a €1 billion share buyback program in 2024, with a 9% increase in net asset value per share, underscoring strong financial performance and disciplined capital management.
Exor operates primarily in Europe and North America but holds global footprints through its portfolio companies. The company focuses on building long-term value by fostering growth in its portfolio companies through active governance and financial discipline, targeting sectors with strong growth potential and innovation. It maintains its headquarters in Amsterdam, Netherlands, under the control of the Agnelli family with a history spanning nearly a century. Exor continually seeks investments and operational improvements across automotive, industrial, healthcare, luxury, and technology sectors while expanding its reach into renewable energy and digital services.