FFP Long-Term Investor

FFP is an investor with industrial experience and clearly stated family values that takes long-term minority stakes in companies. Its strategy has two main components.

FFP has a long-standing 9.3% stake in Peugeot SA. FFP and its majority shareholder Établissements Peugeot Frères together own 12.2% of Peugeot SA and are among its main shareholders, with Dongfeng Motor and Bpifrance owning identical stakes.

FFP’s other assets (“Investments”) address the company’s desire to diversify its investments and to seek long-term value creation. They fall into four categories:

i)    FFP’s core investment strategy consists of owning direct equity interests in both listed and unlisted companies. Those companies’ shareholders include family members or managers who are involved in the business, they are based in Europe and they operate in markets with clear growth potential and in which they are among the leading players. FFP acts as a minority shareholder capable of supporting the development of its investees over the long term, in particular because it finances its transactions with its own balance sheet. Before making an investment, FFP carries out research to ensure that the investee’s ownership structure, strategy and values fit with its own;

ii)   FFP also has a portfolio of investments in private equity funds focusing on the USA, Europe and emerging markets, mainly in the leveraged buy out, expansion capital and technology growth capital segments. It makes commitments of around €10‑25 million per fund;

iii)  FFP makes co-investments, usually alongside these private equity funds;

iv)  Finally, FFP owns real-estate assets – in which it invests on a case-by-case basis either directly, via real-estate funds or via co-investments – that offer the potential for strong returns.

FFP an Active Shareholder

FFP sits on the Boards of Directors or Supervisory Boards of its investee companies. It plays an active role in the work done by their Boards and Committees. It aims to work effectively with the other shareholders and management bodies of its investee companies, paying particular attention to compliance with corporate governance rules, the selection of executives and strategic matters.