Pargesa Holding

Pargesa Holding S.A. of Geneva, Switzerland (Pargesa stands for Paribas-Genève S.A.) holds significant positions in two large companies based in Europe. In accordance with a 1990 agreement, Power Corporation of Canada and the Frère-Bourgeois/CNP Groups jointly control the company through the Dutch holding company Parjointco NV. The current form of Pargesa stems from the events surrounding the nationalisation in 1982 of the Compagnie Financière de Paris et des Pays-Bas (Paribas) under the socialist government of Pierre Mauroy.

Pargesa Holding S.A. has a stake in Imérys and controls Groupe Bruxelles Lambert website, a holding company that has major share positions in:

  • Total S.A. (energy - France's largest corporation and the world's fourth-ranked oil and gas company) website
  • Suez S.A. (energy, water and environmental waste services) website
  • Imerys S.A. (specialty minerals mining and processing) website
  • Lafarge Group (cement and building materials) website

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