The roots of Oranje-Nassau Groep BV lie in the N.V. Maatschappij tot Exploitatie van Limburgsche Steenkolenmijnen, which in 1893 was granted the concession for exploitation of coal deposits in the south of the province of Limburg, thus becoming the largest private mining company in the Netherlands.
In 1908, the Wendel family acquired the founders’ shares of Oranje-Nassau. This leading French steel group contributed significantly to the further development of Oranje-Nassau. During the last century, Wendel disposed of its steel activities and the Oranje-Nassau mines were closed down. Following these sizeable strategic changes, Wendel SA and Oranje-Nassau started to concentrate on investments in larger, internationally operating companies.
Oranje-Nassau Groep B.V. and its subsidiaries invest in internationally oriented companies in close cooperation with Wendel SA, the Company’s shareholder since 1908.
Wendel is one of Europe's leading listed investment firms. The Group invests for the long-term as the majority or leading shareholder in listed or unlisted companies, in order to accelerate their growth and development. The Group takes part in the definition and implementation of ambitious strategies and provides the funding necessary for their success. The investment strategy and development takes place via close interaction with the management teams of the companies in which the Group is a shareholder. This partnership is at the heart of the value creation process. The Group offers active and constant support, sharing the risks and providing expertise as well as financial and technical skills.
Oranje-Nassau is a key platform in the Wendel Group for further international developments, which currently holds investments in Cromology, Stahl, IHS, Allied Universal, Constantia Flexibles and Nippon Oil Pump.