February 16, 2023

Belgian beer billionaires invest 400 mln euros in France's Tikehau

By Reuters Staff

PARIS, Feb 16 (Reuters) – Tikehau said on Thursday an investment firm linked to two founding families behind Anheuser Busch InBev will invest 400 million euros ($428.12 million) in the French asset manager.

Tikehau said the cash will be injected by SFI, a unit of investment firm Partinvest. Partinvest is owned by the Van Damme and Van der Straten families, who have ties to Anheuser.

“SFI intends to play a committed and active role as a shareholder alongside the founders and management of the group, and to bring its expertise in developing businesses on a global scale”, Tikehau said in a statement.

Alexandre Van Damme, who is also a board member at Anheuser, will obtain a seat on the supervisory board of Tikehau Capital Advisors, the main shareholder of stock market-listed asset manager Tikehau.

The news was first reported by the Financial Times. ($1 = 0.9343 euros) (Reporting by Tassilo Hummel; Edited by Nivedita Bhattacharjee)

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