Reinet Investments S.C.A.
Overview
Reinet Investments (formerly Richemont SA) is a specialized investment fund established in Luxembourg in 2008. The new company is a product of the restructuring of Compagnie Financière Richemont (CFR), the Swiss luxury goods business that markets international brands such as Cartier, Montblanc and Piaget. Reinet Fund was initially capitalized with an interest in British American Tobacco and later purchased a portion of Lehman Brothers Merchant Banking, resulting in an aggregate value of more than €2 billion. It is a closed-end fund for all of the company's investments. Reinet is controlled by South African billionaire Johann Rupert.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Reinet Investments S.C.A.
| Company Type | Public (Luxembourg: 383812293) |
|---|---|
| Fiscal Year-End | March |
| 2011 Sales (mil.) | £288.4 |
| 1-Year Sales Growth | (54.5%) |
| 2011 Net Income (mil.) | £218.9 |
| 1-Year Net Income Growth | (62.3%) |
Key People from Hoover's UK
Key people and executives for Reinet Investments S.C.A.
| Chairman | Johann P. Rupert (Subscribers see complete biographies -- view sample)
|
|---|---|
| CFO | Alan Grieve |
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