Almanij
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Almanij (for Algemene Maatschappij voor Nijverheidskrediet, "General Company for Industry")[1] was a Belgian holding company active in financial services, created in 1931 and merged into KBC Group in March 2005.
History
Almanij was incorporated in 1931 as an initiative of the
Middenkredietkas, which was closely related to the Algemeene Bankvereeniging. In 1949, the Kredietbank Luxembourgeoise was founded in Luxembourg, which specialized in private banking
.
In 1997, Almanij gained control of Gevaert, an investment company created in 1981 by
Andre Leysen to manage the proceeds of the sale of Agfa-Gevaert to the German company, Bayer
. Almanij acquired all shares of Gevaert in 2002. In 1998, Kredietbank Group with CERA Bank and Assurantiën Belgische Boerenbond (E:ABB-insurance) merged into KBC Bank and Insurance Group. In 2004, all activities outside the KBC and KBL groups were transferred to Gevaert.
Almanij used to hold four stakes in major companies:
- Gevaert NV (investment company which owns 27.2% of Agfa-Gevaert) (Almanij 100%)
- Almafin (Almanij 100%)
- KBC Bank(Almanij 69.18%)
- Kredietbank Luxembourgeoise (KBL) (Almanij 78.60%)
In 2005, Almanij ceased to exist as a separate entity when it merged with KBC to form the KBC Group.[2]
See also
Sources
- Almanij
- Het bank- en verzekeringsgswezen in Antwerpen tijdens het interbellum (Dutch)
- Fusie van KBC en Almanij (Dutch)
- Van Middenkredietkas tot Almanij (Dutch)
- Kbc neemt Almanij over (Dutch)
References
- ^ Algemene Maatschappij voor Nijverheidskrediet, traduisible en français par Société Générale de Crédit Industriel
- ^ "KBC slorpt Almanij op". De Standaard (in Flemish). 22 December 2004. Retrieved 2022-09-14.
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