— IDI

IDI is an investment company that has been listed since 1991. IDI invests on its own account and on behalf of third parties, with activities including buyouts and development capital in France, mainly via the parent company (own balance-sheet investments), and funds of funds and development capital in emerging countries via IDI Emerging Markets (third-party funds).

As at Dec 31, 2018
 

Stake in IDI

10.1%

Investment date

2006

FFP's investment

In 2006, following the merger between IDI, Euridi and Marco Polo Investissements, FFP owned 5.0% of IDI. In 2007, FFP increased its stake by investing €15.5 million as part of a capital increase.

At 31 December 2018, the FFP group (via its wholly owned subsidiary FFP Invest) held a 10.1% equity interest.

FFP Invest, represented by Sébastien Coquard, is vice-chairman of IDI’s Supervisory Board and a member of its Audit Committee.

In 2018

IDI’s NAV rose by 6.73% in the first nine months of 2018. During that period, IDI carried out a number of disposals:

- it sold Idinvest Partners in April (IRR of 90%), XO Hôtel in March (IRR of 10%) and Ambre Délice in July (IRR of 36%)

- it agreed the sale of Albingia, which was completed in December.

Key figures.

2018 Net Asset Value per share

61.87

2018 net profit

68.1m

Shareholding structure.