- CEO
- Francis Deprez
- Full Time Employees
- 12,366
- Sector
- Consumer Cyclical
- Industry
- Auto - Dealerships
- Address
- Rue du Mail, 50 Brussels Belgium 1050
- IPO Date
- Jan 29, 2015
- Business
- D'Ieteren Group SA (Euronext Brussels: DIE; OTC: SIETY) is a diversified Belgian investment company that builds a portfolio of market-leading businesses focused on mobility, automotive services, and industrial parts distribution; its core operations span vehicle distribution and aftersales, vehicle glass repair and replacement (VGRR), independent aftermarket parts for vehicles and equipment, and lifestyle products. The Group operates through five primary segments: D'Ieteren Automotive, which imports and distributes Volkswagen, Audi, SEAT, Škoda, Cupra, Porsche, Bentley, Lamborghini, Bugatti, Maserati, Rimac, and Microlino vehicles exclusively in Belgium, alongside spare parts, accessories, maintenance, financing, leasing, and used vehicle sales; Belron (94.85% owned), the global leader in VGRR with over 2,400 branches and 8,600 mobile vans operating under 15 brands including Carglass, Autoglass, and Safelite across 35 countries in Europe, North America, South America, Australia, and New Zealand, providing repair, replacement, recalibration of Advanced Driver Assistance Systems (ADAS), and value-added products/services (VAPS); Parts Holding Europe (PHE), a distributor of independent spare parts for light and heavy vehicles in Western Europe (primarily France, Belgium, Netherlands, Luxembourg, Italy, and Spain); TVH (40% owned), a global distributor of aftermarket parts for material handling, construction & industrial, and agricultural equipment across 26 countries; and Moleskine, an Italian designer and manufacturer of premium notebooks, planners, sketchbooks, journals, accessories, and stationery sold via wholesale, direct channels, and e-commerce worldwide. Founded in 1805 as a coachbuilder by Joseph-Jean D'Ieteren and headquartered at 50 Rue du Mail in Brussels, Belgium, the Group manages additional real estate assets including offices, workshops, concessions, logistics centers, residential units, parking, and landbanks, primarily serving individual consumers, businesses, fleets, insurers, and OEMs across Europe, North America, and select international markets. In recent developments, the Group reported record FY 2024 results with adjusted profit before tax, Group's share, up 9.6% to €1,065.0 million and free cash flow, Group's share, up 22.2% to €740.6 million, driven by strong performances at Belron (revenues up 6.8% to €6,459 million, adjusted operating margin at 21.2%), D'Ieteren Automotive (adjusted operating margin at record 5.1%), PHE (sales up 8.1%), and TVH (adjusted operating result up 20.1%); Belron completed 26 bolt-on acquisitions (notably in Southern Europe and the US) and existing minority shareholders signed a binding agreement in October 2024 to acquire an additional 1.4% stake valuing Belron at €23.5 billion equity; the family shareholding reorganized in 2024 with Nayarit Participations acquiring 16.7% from SPDG to reach 50.1% ownership, enabling a €74 per share extraordinary dividend; PHE entered exclusive negotiations for a majority stake in Top Part (Ireland) in early 2025 and refinanced debt; TVH acquired Sincanli (Turkey) and smaller deals in the US/Colombia; D'Ieteren Automotive acquired a Porsche center in East Flanders and advanced its CROSS dealer management system; and Moleskine appointed a new CEO while expanding direct stores.