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Sensors and chips company
In the news: The three founders of
Specifically: Their joint holding company
Xtrion sells 10.1 million shares to Elex, the Duchâtelet family's investment vehicle.- The remaining 10 million shares are being sold to Sensinnovat, the vehicle of the De Winter-Chombar family.
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The transactions proceeded at a price of
74.12 euros per share, or the average of the 30 days beforeNov. 14 .
Getting ready for next generation
The implications:
- "As a result of this restructuring, joint control of the company has changed to a lack of control and lack of joint action,"
Melexis said in a press release. -
That does not mean, however, that both clans will immediately go their separate ways. "The De Winter-Chombar and Duchâtelet families confirmed that this does not mean they would currently have differences of opinion on
Melexis' strategy and priorities. Their commitment to the company remains unchanged,"Melexis appeased. -
Adding, "Moreover, they indicated that they have no plans to sell or reduce their shares. Roland Duchâtelet and
Françoise Chombar also confirmed their willingness to stay on as directors ofMelexis ." Chombar was the CEO until a few years ago.
But: That may change in the future, especially if the children come to the helm of the family investment vehicles. "This will allow the families, looking to the next generation, to pursue individual and independent investment strategies through their own holding companies Elex and Sensinnovat."
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