HAL Trust
163.60
EUR
-0.60
(-0.37%)
ISIN
BMG455841020
CUSIP
G45584102
Return %
Stock
S&P 500
1Y
19.42
14.20
3Y
53.47
81.12
5Y
9.65
68.34
Capital Structure
EUR
•
in mil. unless spec.Working Capital
EUR
•
in mil. unless spec.Growth Rates
EUR
•
in mil. unless spec.Semi-annual Revenue
EUR
•
in mil. unless spec.Semi-annual Earnings Per Share
EUR
•
in mil. unless spec.Semi-annual Dividends Per Share
EUR
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in mil. unless spec.Company Description
- CEO
- Jaap N. van Wiechen
- Full Time Employees
- 34,583
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Weena 696 Rotterdam NH Netherlands CN 3012
- IPO Date
- Jan 2, 1985
- Website
- halholding.com
- Similar Companies
- Business
- HAL Trust (HAL.AS) is a Bermuda-based investment holding company that owns all shares of HAL Holding N.V., a Curaçao corporation focused on acquiring and managing significant shareholdings in diverse companies to enhance long-term shareholder value; HAL Holding N.V. operates through unquoted subsidiaries, quoted interests, real estate activities, and a liquid portfolio of fixed-income instruments, cash deposits, and equities. The company's core investments encompass unquoted portfolio companies offering dredging, maritime infrastructure, and offshore energy services through Koninklijke Boskalis B.V. (100%); tank storage terminals via Koninklijke Vopak N.V. (50.25% effective as of June 2024); eyewear design, manufacturing, and distribution by Safilo Group S.p.A. (below 50%); offshore floating facilities from SBM Offshore N.V.; composite panels and surface materials (including brands like FENIX, Arpa Industriale, Homapal, Formica, Trespa, and Westag) alongside energy transition solutions such as biogas upgrading, LNG distribution, and cryogenic equipment via Broadview Holding B.V. (97.4%); residential and utility construction through Van Wijnen Holding B.V. (88%); timber and building supplies from Timber and Building Supplies Holland N.V. (94.3%); computer gaming equipment development and distribution by Pro Gamers Group (64.3%, with divestiture agreement signed in August 2024); medical aid products via Auxilium GmbH (53.1%); office furniture and fit-out services by Koninklijke Ahrend B.V. (98%); gas tankers through Anthony Veder Group N.V. (62.9%); staffing for oil & gas and renewables from Atlas Professionals B.V. (86.9%); greenhouse construction and systems including Stolze, Prins Group, and Green Simplicity via GreenV B.V. (74.6%); financial media publishing of Het Financieele Dagblad and related services through FD Mediagroep B.V. (98.3%); and medical payment solutions by MSPS Holding B.V. (95.1%); quoted interests also include Technip Energies N.V. (16.2%); real estate development focuses on multi-family properties and retail centers in the greater Seattle area; the liquid portfolio supports acquisition flexibility. HAL Holding N.V., founded in 1873 as Nederlandsch-Amerikaansche Stoomvaart-Maatschappij in Rotterdam and restructured with HAL Trust established in 1977, maintains its effective management office at Weena 696, Rotterdam, Netherlands (transferred from Monaco as of April 1, 2024, subjecting it to Dutch corporate income tax); operations span Europe (60.6% of net sales), Asia (18.4%), the United States and Canada (13.1%), and other regions, employing approximately 32,474 people across sectors including maritime, construction, manufacturing, healthcare, energy, real estate, and technology. Recent developments include HAL's €140 million preferred share investment in biological agriculture leader Koppert TopCo B.V. in February 2024; Boskalis' €165 million acquisition of marine services provider ALP Maritime Group B.V. in February 2024 and agreement to acquire remaining 50% of Smit Lamnalco for US$366 million in July 2024; additional €25 million capital commitment and 7.5% stake increase in Coolblue to 56.4% in August 2024 to support German expansion; divestiture of Pro Gamers Group stake in August 2024 amid financial restructuring (expected Q3 2024 close with €25 million gain); sale of a Seattle-area apartment building in August 2024 yielding €26 million gain; increased ownership in Vopak to 50.25% via Vopak's €300 million share buyback; a €1.4 billion acquisition of VolkerWessels' construction, project development, and infrastructure divisions in 2025; and a 5.3% stake (later 15.1%) in semiconductor wafer producer Siltronic AG in 2025 to diversify into high-margin tech; net asset value reached €15.5 billion as of December 31, 2024, with first-half 2025 net income doubling to €1,024 million driven by strong unquoted and quoted holdings.
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