
Compagnie
Industriali Riunite (CIR) is the industrial
holding company of the De Benedetti Group, controlled by
Compagnia Finanziaria De Benedetti, the financial holding
company of the De Benedetti family, with an approximate shareholding
of 46%.
Among Italian financial
holding companies, Compagnie
Industriali Riunite (CIR) is distinguished for
the balanced nature of its investment portfolio in
companies with a strong position in their respective
businesses, which belong both to mature business sectors
with a constant cash flow and to sectors with a high
potential for growth.
The clear role adopted by Compagnie
Industriali Riunite (CIR) as a point of reference for its subsidiaries gives a concrete contribution to the improvement of earnings and decisions are taken very rapidly.
The group was established in 1976, the year in which Mr Carlo De Benedetti founded Compagnie
Industriali Riunite (CIR) by transforming a small tanning business into one of the most important private holding companies in Italy.
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Tsb
Sugar International is a subsidiary of the Remgro
Group within the Rupert family controlled holdings.
It is one of South Africa's leading sugar companies. Tsb
Sugar International owns and operates two sugar factories
in South Africa producing nearly half a million tonnes
of sugar per year, with significant interest in the citrus
and animal feeds industries. Tsb
Sugar International acquired Booker
Tate in October 2004.
Through its subsidiary, Booker
Tate, Tsb
Sugar International brings
wide experience and knowledge of agricultural production
in the tropics, of sugarcane production in a variety
of agro-climatic conditions, extensive in-house skills
relating to sugarcane production and processing, operational
management experience in a range of tropical countries,
an extensive library and database on sugarcane production
and processing in many countries and contacts in a number
of countries with potential for large scale bio-ethanol
projects. Tsb
Sugar International's production base in South Africa,
with two sugar factories in the Mpumalanga province,
also provides a platform to service projects in the region
and to access African resources. Booker
Tate has extensive experience in planning, implementing
and managing agro-industrial enterprises and projects
in diverse and challenging environments. Over the past
50 years it has carried out over 1 500 assignments in
more than 120 countries ranging from policy formulation
at national level to provision of services to small farmers.
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Venfin is an active Investment Holding Company focusing
on high growth investment opportunities. Its historic experience
lies in the telecommunication, media and technology as
well as financial and risk services sectors. Recent investments
have seen entry into the energy market, including renewable
energy. The company provides strategic input in investee
companies through board, audit and other committee representation
and shareholders' agreements. Venfin is a sister company
to Remgro, owner of Tsb
Sugar International.
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